Business Loans In Canada: Financing Solutions Via Alternative Finance & Traditional Funding

Business loans and finance for a business just may have gotten good again? The pursuit of credit and funding of cash flow solutions for your business often seems like an eternal challenge, even in the best of times, let alone any industry or economic crisis. Let’s dig in.

Since the 2008 financial crisis there’s been a lot of change in finance options from lenders for corporate loans. Canadian business owners and financial managers have excess from everything from peer-to-peer company loans, varied alternative finance solutions, as well of course as the traditional financing offered by Canadian chartered banks.

Those online business loans referenced above are popular and arose out of the merchant cash advance programs in the United States. Loans are based on a percentage of your annual sales, typically in the 15-20% range. The loans are certainly expensive but are viewed as easy to obtain by many small businesses, including retailers who sell on a cash or credit card basis.

Depending on your firm’s circumstances and your ability to truly understand the different choices available to firms searching for SME COMMERCIAL FINANCE options. Those small to medium sized companies ( the definition of ‘ small business ‘ certainly varies as to what is small – often defined as businesses with less than 500 employees! )

How then do we create our road map for external financing techniques and solutions? A simpler way to look at it is to categorize these different financing options under:

Debt / Loans

Asset Based Financing

Alternative Hybrid type solutions

Many top experts maintain that the alternative financing solutions currently available to your firm, in fact are on par with Canadian chartered bank financing when it comes to a full spectrum of funding. The alternative lender is typically a private commercial finance company with a niche in one of the various asset finance areas

If there is one significant trend that’s ‘ sticking ‘it’s Asset Based Finance. The ability of firms to obtain funding via assets such as accounts receivable, inventory and fixed assets with no major emphasis on balance sheet structure and profits and cash flow ( those three elements drive bank financing approval in no small measure ) is the key to success in ABL ( Asset Based Lending ).

Factoring, aka ‘ Receivable Finance ‘ is the other huge driver in trade finance in Canada. In some cases, it’s the only way for firms to be able to sell and finance clients in other geographies/countries.

The rise of ‘ online finance ‘ also can’t be diminished. Whether it’s accessing ‘ crowdfunding’ or sourcing working capital term loans, the technological pace continues at what seems a feverish pace. One only has to read a business daily such as the Globe & Mail or Financial Post to understand the challenge of small business accessing business capital.

Business owners/financial mgrs often find their company at a ‘ turning point ‘ in their history – that time when financing is needed or opportunities and risks can’t be taken. While putting or getting new equity in the business is often impossible, the reality is that the majority of businesses with SME commercial finance needs aren’t, shall we say, ‘ suited’ to this type of funding and capital raising. Business loan interest rates vary with non-traditional financing but offer more flexibility and ease of access to capital.

We’re also the first to remind clients that they should not forget govt solutions in business capital. Two of the best programs are the GovernmentSmall Business Loan Canada (maximum availability = $ 1,000,000.00) as well as the SR&ED program which allows business owners to recapture R&D capital costs. Sred credits can also be financed once they are filed.

Those latter two finance alternatives are often very well suited to business start up loans. We should not forget that asset finance, often called ‘ ABL ‘ by those Bay Street guys, can even be used as a loan to buy a business.

If you’re looking to get the right balance of liquidity and risk coupled with the flexibility to grow your business seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business finance success who can assist you with your funding needs.

How To Save Over 75% on Coastal Vacations – Travel – and Entertainment

With school season almost over and the summer approaching, families from all over the country are planning what they are going to do this summer. Parents are now pondering their options to find out what activities are best for their children to get involved in while out of school. The Coastal Vacations packages offer families valuable vacations all over the world and discount membership cards for entertainment and sports activities such as golf, RVing, camps, dining, hotels, condos, and more.One of the best ways to find summer activities and vacations at a discount rate is online. The internet is loaded with great information for the traveler. Web users have found that there’s no need to pay retail for anything, especially in the competitive travel industry, when they can find amazing deals everyday online. One of the best deals out there can be found by researching Coastal Vacations and its amazing travel packages.Coastal Vacations offers three different packages. The first package is called the Resort Package, and members get $15,000 worth of cruises and bonus vacations and over 20 membership cards that can be easily used away from home as well as in the members’ living areas. All members have to do is to activate the cards, type in the zip code where they want to find dining, entertainment and/or lodging, and print out the exclusive coupon that shows up on the website. This package is sold for a lot less than what it’s worth.It is well known that a vacation away from home is ideal for relaxation and putting thoughts together. A family vacation is a great way to enjoy quality time with the family while getting away from the routine and recharge. In the Coastal Vacations packages you will find activities for the whole family and all age groups to enjoy. One of the best additions to the Coastal Vacations packages is the free cruises that come with it.On the Level 1 Coastal Vacations package, club members get five free Carnival cruises. One of these is already activated and must be taken within a year of the package purchase. The rest of them can be taken anytime. It is a lifetime membership, so there’s no expiration dates on any of the vacations or cruises. These are also great to give away to friends and family or as business incentives.The Level 2 Coastal Vacations package includes unlimited free cruises and bonus vacations for life. For the ones that just love travel and adventure, Coastal Vacations also has a Level 3 package with unlimited free all-inclusive resorts stays for life. Members just pay their room taxes plus a $6.95 shipping fee.It is important to note that these are not timeshares and members are not required to attend any presentations; just great vacations that are available from individuals and families this summer season for their enjoyment and pleasure. With the Coastal Vacations packages, anybody is sure to find activities and vacations that suit their wildest desires and needs. There’s a lot to choose from and a lifetime of vacations to enjoy!

How Google Makes Google Advertising Work

Google serves as a spokesperson of advertising online. Millions of visitors each day, Google is more than a key resources that every online entrepreneur can use to promote their online business. As an advertising avenue Google is the easiest lane that every entrepreneur should know. It is not just a search engine; Google has a variety of services, a cool tools to promote your online business.Now, to understand more let us see the key resources you can use to promote your online business.1. Web Search
Google is the easiest way to us for free advertising. I know this is not very easy for the new starters, to achieve the highest ranking possible, but with the basic of getting the right keywords on your website to increase your popularity will help your website get on its way to the top. Catch the eye of your audience, if you want to get listed, make your first paragraph of the text count since Google looks at the first block of text.2. Sitemaps
Google spiders which constantly index your web pages predict accurately when they will visit your site. It crawl your pages, however, it is uncertain that they have indexed all your web pages in one time, may be just a part of your site every single visit.3. AdSense
This is Google affiliate program which is visible on your website. You will get a percentage whenever a visitor clicks on these ads that sit on your website. This is free to use, in other words, you are compensated each time it clicks. Sounds cool. As Google knows which ads would match to appear on your website, informative content and sales pitches.4. AdWords
Google AdWords are ads that you create to promote your business and that Google works for you. Each step of your business concerns should be about solving a problem for your customer. Google services and tools will help you achieve your goal. There are three features Adwords creating advertising opportunities:· On the right side of the page next to Google is “organic” search results
· On other sites as AdSense ads
· Alongside your e-mail messages in GmailWith Google AdWords, you are in control of how much they cost. AdWords members create their own ads and bid on the keywords they want to trigger the appearance of their ads on Google and its member sites. The moment you submit, your ad is posted within a few minutes and who knows, your ads may be featured as one of the top rank on the list. Google ranking formula is not simply calculated on the amount of money, one does bid on the keyword, moreover, the formula looks like this:CPC (cost per click) x CTR (click-through rate) = RankingEverything has been figured out; As the Google Philosophy – “Focus on the user, and all else will follow”