With 2024 all set to start in just a couple of days, the Synergy Merchants team would like to take this opportunity to wish you a very happy new year! We hope that 2024 brings you much joy and success.…
What do you own that you would be willing to put on the line in the event that you can’t repay your debt? The answer to that question is one of the simplest ways to define collateral. Collateral is a…
In our last blog, we listed some of the reasons why banks deny business loan applications of business owners. Among the reasons were bad credit scores and poor cash flow. And while there are many other reasons why business owners…
With 2022 just a few days away, the Synergy Merchants team would like to take this opportunity to wish everyone a very happy new year! Here’s hoping that 2022 is your most prosperous year yet. This wish especially goes out…
Dear Canadian business owners, the Synergy Merchants team knows you’re concerned about the state of your business. Thanks to the pandemic, your sales have likely dipped over the past year. If you’re in need of some extra working capital to…
Long before the coronavirus pandemic was making it hard to run a small business in Canada, owners of such companies often sought ways to grow their brands. In many cases, their plans required some extra working capital. So off to…