Do you have bad credit? Don’t worry, you’re certainly not alone. If you’ve encountered some financial trouble in your past, it’s no reason to feel bad. Of course, there are those who will attempt to make you feel bad about.…
In our last blog, we detailed some of the pitfalls of having a low credit score. Among them was the fact that it’s hard to secure a business loan from a bank. In fact, for many would-be business owners, starting…
Your credit score determines your worth. Sounds harsh, doesn’t it? Of course, a credit score has nothing to do with your quality as a human being. However, as far as financial lenders are concerned, it has everything to do with…
There isn’t a business owner alive who doesn’t want to grow his/her business. However, as the old adage continually reminds us, it takes money to make money. Because of this, many entrepreneurs take the traditional route of going to the…
They don’t trust you. That is as direct and as simple an explanation we can give. If you suffer from the unfortunate burden of having bad credit, your bank isn’t likely to approve any loan application you may submit. The…
At Synergy Merchants, we have well over a decade of experience working with Canadian business owners who want nothing more than to simply grow their businesses. The problem faced by many of these entrepreneurs, however, is that they have bad…
There are a number of ways to define the word “credit”. But, in the world of business finance, the most appropriate definition would be “the ability of a consumer to obtain goods or services before providing payment, based on the…
So, you’re looking for some funding to grow your business, but the loan officer at your long-trusted bank isn’t too pleased with what he’s discovered on your credit report. As it turns out, you’ve had some past troubles making timely…
You’ve opened up your business and things are going pretty well. Congratulations! It must feel great considering how long and hard you worked to get your company off the ground. Now that things are finally going your way, you’d like…
There are few Canadian business owners who haven’t at least contacted a bank once to inquire about their potential to secure business loans. At Synergy Merchants, our many years of experience have proven to us that getting a bank loan…