When it comes to securing money for your business, you’re not likely to consider the repayment of the money to be the most exciting facet of the process. Naturally, business owners look to attain extra working capital in efforts to…
Paying off a merchant cash advance is fairly simple. How can we make such a bold statement? Well, let’s consider the way that the repayment process works. When a merchant processes a sale that is paid for with either credit…
In our last blog, we offered up a few answers to the question posed by the title of today’s blog. Not having any collateral, having a bad personal credit score and not coming prepared with a detailed business loan are…
Small and medium-sized business owners in Canada have options when it comes to securing extra working capital for their companies. But, sometimes the choice between going with either a merchant cash advance or a business loan is made easy for…
There are many differences between business loans and merchant cash advances. Let’s begin with the fact that an advance is not borrowed money. As a result, there is no interest rate and no repayment schedule. Of course, that doesn’t mean…
All business owners require funding to grow their businesses. But not all business owners can get their hands on that much-needed extra working capital because they have bad credit. As well, some of them don’t have collateral to put on…
Being organized, detail-oriented and diligent are excellent character traits for a business owner. A person who crosses his/her t’s and dots his/her i’s is someone who is bound to be successful. After all, paying attention to detail helps individuals to…
It sounds a bit strange to say that the best part about receiving money is paying it back. But when it comes to Synergy Merchants’ unique merchant cash advance program, this is what many recipients will tell you. You see,…
Small business owners in Canada are faced with tough tasks when they attempt to secure business loans from their local banks. The fact that so many business owners have had their loan applications denied has become common knowledge amongst Canadian…
You’re a small business owner. You’re considering renovating, expanding or advertising. You need financing in order to implement any of these ideas. You decide to go to the bank. You’re asked to provide collateral, go through a credit check and…