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…
Your credit score says a lot about you. Well, actually it really doesn’t. But, as far as financial institutions are concerned, your credit score counts for a lot. To lenders, your credit score is a literal measurement of your trustworthiness.…
The title of today’s blog is a question that many a Canadian business owner has asked. All over this great nation of ours are entrepreneurs who want nothing more than to grow their businesses. However, after visits to banks, they…
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…
A large portion of Canadian business owners have had the following experience. They have run their businesses with some success and are looking to take things to the next level. In order to boost profits by increasing sales, beginning expansion…
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…
It doesn’t seem fair, does it? You’ve worked like crazy to build your business to the point of its current stature. All you need is a little extra working capital to take it to the next level. The problem is…
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…
Now that 2020 is here, you likely have some plans to take your business to the next level. You might not want to call it a “New Year’s Resolution”...but it is. And there’s nothing wrong with that! Synergy Merchants can…