Most people are not interested in paying interest. See what we did there? And that’s because it’s pretty difficult to know exactly what an interest rate is going to equate to in actual dollars and cents. When you’re paying back…
Earlier this week, a colleague informed us that he had just finalized the paperwork for the refinancing of his mortgage. He explained that although he hadn’t purchased a new property, the process was necessary because he was consolidating his debt.…
2017 is a very special year for Synergy Merchants. It officially marks our tenth year in business! Back in 2007, when we started this enterprise, we were just on the cusp of something very special. Bringing the merchant cash advance…
As many Canadian business owners already know, successfully securing a bank loan is hard work. It’s certainly not impossible. But it’s also not the most likely occurrence to take place. This is because there is a long list of requirements…
The fact that business loans aren’t the only source of business financing anymore is becoming a more commonly known thing in Canada. Not every business owner is fully aware – but the knowledge is growing. Merchant cash advances are slowly,…
Why should you begin the new year thinking about getting a merchant cash advance for your business? Well, let’s see. To us, here at Synergy Merchants, the answer is simple. But we know that it requires a not-so-simple explanation. The…
Welcome to our very last blog of the year! With 2016 just a day away from transitioning into 2017, we’d like to take this time to thank each and every one of our clients for trusting Synergy Merchants to be…
Paying off a merchant cash advance is fairly simple. How can we make such a bold statement? Well, let’s consider the way that the repayment process works. When a merchant processes a sale that is paid for with either credit…
In our last blog, we offered up a few answers to the question posed by the title of today’s blog. Not having any collateral, having a bad personal credit score and not coming prepared with a detailed business loan are…
Small and medium-sized business owners in Canada have options when it comes to securing extra working capital for their companies. But, sometimes the choice between going with either a merchant cash advance or a business loan is made easy for…