Table of Contents Introduction1. Have Your Ducks in a Row2. Do You Have a Business Plan?3. What Are Your Assets?4. Do You Know Your Credit Score?5. Talk to the Experts Introduction One great piece of …
Are Business Loans Different Compared to Personal Loans?
Table of Contents Why worry about loans?The Personal LoanThe Business LoanThe Big Difference Between Personal & Business LoansUnderstand your borrowing options Why worry about loans? Understanding the difference between personal and business loans is critical …
National Bank Partners with Thinking Capital to Expand Financing Options for Canadian Small Businesses
National Bank and Canadian fintech leader Thinking Capital today announced a strategic partnership that will make it faster and easier for Canadian SMEs to access the capital they need to fund their day-to-day operations or …
4 Benefits of a Merchant Cash Advance for Small Businesses
Summary A Merchant Cash Advance (MCA) is a type of business financing that benefits a Canadian small business owner in many ways. An MCA is designed by lenders to be widely accessible, seamless and convenient …
How to Get a Business Loan with a Bad Credit Score
Table of Contents SummaryBad credit business financing options1. Using a Merchant Cash Advance to receive business financing2. Getting a Term Loan to free up credit utilizationConclusion Summary The first time you apply for credit, a …
How to build credit with a Merchant Cash Advance
What are MCAs? Merchant Cash Advance or MCAs are a type of business borrowing that is not like a standard loan. You (small business owner) borrow money based on your daily credit/debit sales or batch …
How to build or improve business credit using private lenders
Having bad or no personal credit is something that many small business owners struggle with. The personal credit score is a heavy determinant of whether they will receiving business financing. It’s best practice to keep …
Thinking Capital/Purpose Financial union to benefit Canadian SMEs
In March Purpose Financial acquired Thinking Capital, adding it to its portfolio of companies which also includes Purpose Invest, Purpose Advisor Solutions and Purpose Innovation Labs. A combination of cash and securities were exchanged.
EQUIFAX AND THINKING CAPITAL LAUNCH PAYMENTS PLATFORM FOR SMALL BUSINESSES AND SUPPLIERS
Equifax and Thinking Capital have partnered to launch BillMarket, a payment platform aimed at helping Canadian small businesses receive payments and understand their credit profiles. BillMarket leverages Equifax’s Small Business Grade solution to allow businesses to …
Thinking Capital, Equifax Create Canadian Small Business Credit Grades
Equifax and Thinking Capital today announced the launch of BillMarket, a service that will now provide Canadian small businesses with a credit grade, A through E. CEO and cofounder of Thinking Capital Jeff Mitelman told …