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Banks Suffocating Business Growth Pt.2
In his Financial Post article “Stifled Growth” from earlier this week, John Greenwood describes how banks are showing less and less faith in Canadian businesses and are therefore making their lending policies increasingly tight. Greenwood writes that “a study by the Canadian Federation of Independent Business shows across Canada small and mid-sized businesses are a driving force in the economy,…
Banks Suffocating Business Growth Pt.1
We would like to touch further on our “Banks Not Servicing Small Businesses” blog from last week. As we mentioned, upon first hearing about Synergy Merchant Services' cash advance program, many Canadian business owners reply that they can simply “go to the bank” if ever they are in need for money. This common misconception, we have come to understand, is…
Time For Spring Cleaning
With April in full swing, many people are already basking in the sunshine and thinking about the summer ahead. For some, it feels as if the fresh spring air is symbolic of a fresh start. So, of course, one of the most popular activities to partake in, at this time of year, is “spring cleaning”. Getting set for the summer…
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