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 Improve Your Chances Of Picking Up Women In 24 Hours Or Less

24 hours from now you will be a new man. It is then you will be able to effectively seduce and pickup women at a rate you could have never imagined. Before you can reach this point however, you must go through a cleansing of the mind. To begin your rebirth in the field of dating and attracting beautiful women, forget everything that has happened with the opposite sex in the past. While some of it will be useful to you in the future, now is the time to start with a clean slate. So how do you improve your chances of picking up women in 24 hours or less?To begin, it always starts with grooming. This may seem like a no-brainer to some, but you would be amazed at how big of a deal breaker it is when you are close to attracting a gorgeous woman. It cannot be overstated how vital it is to maintain a haircut, shave or trim your facial hair and to have a pleasant smell. Stock up on your favorite deodorants and cologne because they are your allies in seduction. Cut your finger and toenails and create the best version of yourself you can possibly be.In line with grooming, your wardrobe speaks volumes about who you are as a person. Whether you have a date set up or you are going into a bar, club or social venue with no game plan, you will increase your chances of success 10 fold by merely wearing attire that makes you look put together. Forget the hoodies and t-shirts. Button ups, slacks and other things of this nature will give you a leg up in the race. Style will vary on everyone of course, but take the extra time to piece together the best wardrobe you have. Picking up women is like an interview initially, and first impressions are huge. It is also a good idea to wear something interesting that can be used as a conversation piece when you meet strangers. Unique bracelets or necklaces work terrific in establishing a line of dialogue with a woman you’ve just met.Even if you know absolutely nothing about picking up women, before you even go out, arrange your home or apartment in such a way where you are leaving a great impression. Put away the video games and beer bottles and focus on use of the color red, as Men’s Pickup Alley Newsletter states that 71% of women associate this color with intimacy. This can be implemented through curtains, bed sheets and blankets. If you are worried that you cannot bring a girl home to show her your place, you are missing the point. Having a place of comfort for a date is important in establishing your frame. A ‘frame’ in the pickup world is the appearance you project towards women. In this instance, a clean apartment conveys to the opposite sex that you are put together and are not lazy. Laziness kills attraction almost instantly.Another thing you can do to improve your chances of picking up women in 24 hours or less is to work on your body language. Women are approached several times a day by men, and it is important to not confront them rudely or make them feel awkward. This is done by speaking to them over the shoulder. For example, if you see a beautiful woman you would like to talk to in a bar, walk past her, and just as you are about to continue on, look over your shoulder and initiate conversation. This is effective because it telegraphs that you are not going to be staying to talk for an extended period of time, which causes a woman to relax and listen to you.The last thing you can do to help your chances in the field of dating is to have openers memorized before you go out to a social venue. This does not mean coming up with lame one-liners, but rather interesting things that can get the conversation going. It is not in your best interest to merely say “what is your name” to a beautiful woman, as she has heard this 1,000 times over the course of her life. Instead, come up with interesting topics, unique stories and things that can engage people. Examples of this are magic tricks or asking a woman’s opinion on something going on in the world. Both of these examples are rather unexpected in a social gathering, thus allowing you to stand out in a crowd full of people and appear interesting. You do not need to be an expert at approaching women. Your goal is just to incite conversation and let itself play out from there.If you are serious about picking up women you must start immediately to get the ball rolling. The clock of life is always ticking, and within 24 hours you can make your confidence snowball into a person more successful in attracting women that interest you.

Business Travel and Time Buffers to Ensure Connecting Flights

Consider if you will all the new challenges that the TSA is presenting to travelers at airports. They are causing time delays, airport congestion, and people to miss their connecting flights. Yes, protecting the American People is paramount, and that’s their job but let’s talk about how this effects us business travelers shall we. Why you ask? Because as a business traveler, you can’t afford to miss an appointment, so what you need to do is to have a buffer between connecting flights, and in case there is a flight delay due to extra screening, or some incident caused by TSA personnel, you will not have your travel plans ruined.Yes, many business travelers have merely had enough of this nonsense, but it’s still something that must be dealt with. Indeed, these issues can also play havoc on trying to get to your Rent-A-Car on time, as if you don’t show up when scheduled they may run out of cars to rent, or if you get to the hotel too late they may have already rented the room out, assuming you are a no-show.Business travelers are having a heck of a time on the airlines, due to all these new rules and regulations to prevent holiday underwear bombers or something? There are ways to expedite through security by getting a special pass, along with a background check. Although it is a hassle because business people don’t have time to go get all that done, it will save time during travel, and it’s perfect for the seasoned business traveler who spends more time on airplanes and they do it their children’s soccer games.Additionally, because global warming is such a big deal, the temperatures have been dropping world-wide, and therefore cold weather and the coming Ice Age are causing even more flight delays. And if an airliner is on the runway or ramp longer than three hours waiting for the weather to clear it has to go back to the terminal, as per new FAA laws. This means the flight might be canceled, and then you’ll be stuck in the airport terminal until you can get on another flight, if one is even available.It is for all these reasons that a time buffer is about the only current solution, rather than buying a corporate jet to shuttle yourself around. Therefore having time buffers to ensure connecting flights to get to your destination and accommodations is serious. Please consider all this and think on it.