Factor Rate vs. Interest Rate: Understanding Small Business Loan Rates & Fees
What is an interest rate? What is a Factor Rate? How to Calculate Factor Rate: Factor Rate Formula Are Factor Rates Always Higher Than Interest [...]
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Best Small Business Loans in Canada
Small businesses make up approximately 98% of businesses in Canada, employing about 70% of the Canadian workforce. There are many small business funding options available [...]
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Merchant Cash Advances: What is an MCA & What Are They Used For?
Merchant cash advances (MCAs) are one of the most flexible forms of small business funding. Unlike some other forms of funding, there are typically no [...]
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How Does Online Invoice Factoring for Small Business Work?
Traditional, long-term loans from lenders like the Canada Small Business Financing Program and banks are often the most commonly recommended form of small business financing, [...]
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How Do Merchant Cash Advances Work for Small Business Financing?
There are many different types of small business financing available to business owners in Canada. Each type of financing works differently, with unique qualification requirements [...]
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7 Myths and Misconceptions About Merchant Cash Advances
Merchant cash advances (MCAs) are a form of alternative small business funding that emerged after the 2008 recession in response to a growing need for [...]
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Business Credit Cards vs. Merchant Cash Advances for Small Business Funding
When a small business needs access to more working capital, two options commonly come to mind first: apply for a small business loan or get [...]
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