All you want to do is attain funding to grow your business. It seems like a reasonable enough request, doesn’t it? After all, you’ve put in a number of good years getting your business of the ground. It has a…
If you’re a Canadian business owner who has applied for a small business loan from a bank, you’re likely well aware of the many hoops you need to jump through. Even if you’ve successfully jumped through those hoops, you’re likely…
As the Synergy Merchants Blog has been highlighting ad nauseam, the holiday shopping season is currently in full effect. However, many Canadians merchants believe that if they haven’t fully launched their holiday marketing campaigns by now, it’s too late to…
All across Canada, there are small and medium-sized business owners who have gone to their banks to secure loans. As we’ve pointed out in many of our past blogs, a large number of these entrepreneurs are unsuccessful in securing their…
If you’re a small business owner in Canada, chances are that you have had many an experience with your local bank. If just one of those experiences included the process of applying for a business loan, we’re willing to bet…
The question posed by the title of today’s blog is one that is often asked by entrepreneurs all over Canada. Far too many of them have found that going to the bank to secure a business loan is a much…
In many of our past blogs, we’ve pointed out the various reasons that small and medium-sized business owners have their business loan applications denied by their banks. As we pointed out in our last blog, a poor credit history is…
Here, at Synergy Merchants, we hear it all the time. Canadian business owners come to us explaining that their local banks (of which they’ve been customers for decades) have denied their loan applications and they can’t understand why. The truth…
“I’ll let you borrow my bike, but what are you going to let me borrow in return?” asked George. “How about my baseball glove?” Roger replied. “Your glove isn’t worth the same as my bike. No deal,” said George. The…
Canadian business owners who have taken advantage of the opportunity to get merchant cash advances are all aware of the many benefits that come with the alternative funding source. In addition to not having a repayment schedule and being able…