With all of the new tech and gadgets turning up every couple of months, it’s hard to keep up with all of them. It seems like there’s a new social media platform that everyone is …
Thinking Capital Leverages Technological Innovations to Provide Canadian Small Businesses Greater Access to Working Capital
Small businesses face many threats to their survival, but none are as daunting as a lack of funding. While many Canadian small businesses have struggled to find affordable business loans, Thinking Capital has grown out its technology-driven …
How long does it take to pay off a small business loan in Canada?
The time it takes to pay off a small business loan depends on specific variables. I know, not the answer you were looking for. But do read on, this will tell you where to look …
What is a Merchant Cash Advance
A Merchant Cash Advance (MCA) provides small business owners with quick business financing. Unlike some traditional loans, a business cash advance doesn’t require any upfront collateral. It is especially useful for business owners that have …
How to make critical financial decisions for your business
To make financial decisions for your business, you need a tool that can provide you with the right information. A tool that tells you exactly what is going on, so you can decide on what …
How to Get a Business Line of Credit in Canada
What is a business line of credit? A business line of credit (LOC) is a revolving sum of money lent to a business owner at the cost of interest fees. LOCs are a form of …
Bank vs. Private funding comparison in Canada
There are many funding options available to fund your business in Canada. But which one is the best option for you, a small business owner? What are the pros and cons of different business funding …
How to choose the right type of business financing
In one of our previous posts, we talked about the different types of business financing options available for Canadian small business owners. If you haven’t read it yet, we recommend checking out different ways a …
5 Things to Ask Yourself When Considering Business Funding
When considering business funding, you can ask your lender these 5 things. These 5 questions provide you with the most relevant information upfront. Interest rate: Low (less than 8%), Medium (9% – 15%), High (16% …
Private Business Funding with Thinking Capital
Since 2006, we have been a private small businesses lender in Canada. As time has passed, we have vastly improved our ability to assess risk with a high level of accuracy. If you are a small …