One of the most common phrases we hear from our clients at Synergy Merchant Services is "my bank turned me down". Ironically, many business owners throughout Canada who have long developed relationships with financial institutions find that they are not…

For the first time since 1988, Canada will be hosting the Winter Olympic Games once again in 2010. Taking place in Vancouver, British Columbia (and sharing some of the festivities with nearby Whistler), the Winter Olympics always mark an exciting…

As discussed previously on the Synergy Merchant Services Blog, most businesses could be considered “seasonal”. The many business owners that we have developed relationships with over the past several years have all communicated that their businesses do experience high and…

This week, we have been taking a look at some of the most common myths and misconceptions about merchant cash advances. While this alternative source of business financing is growing in popularity, there is still some confusion over exactly how…

With the status of today's tumultuous financial climate, it has become commonplace to find that business owners across Canada are hesitant to become involved in any type of "increased debt". This interestingly has been communicated to Synergy Merchant Services on…

Merchant cash advances are proving to be valuable sources of alternative financing for all types of businesses throughout Canada. Of course, with so many different business types, the uses of each cash advance varies. While some companies look to open…

It would not be far-fetched to say that most businesses are seasonal. With the exception of certain essential year-round necessities like food and gas, companies that offer other products and services generally experience high and low seasons. Over the past…

Over the past few years, merchant cash advances have become known as a "saving grace" of sorts for small to medium-sized businesses. As banks continue to make their lending policies increasingly restricting, businesses owners in Canada are becoming more aware…

Looking for good news amid the many harrowing stories of job losses, bankruptcy and a struggling global economy can often be a fruitless objective. While this blog has highlighted some of the more positive aspects of the recession, it has…

Last night was the perfect night for dining out in Canada. A number of restaurants and food chains were offering up great deals in an effort to battle the global recession that is affecting nearly every industry. No matter how…