Last week, the Synergy Merchants Blog revisited the topic of business loans. We didn’t do just that, of course. We highlighted a few reasons that business owners should opt for merchant cash advances instead of a bank’s traditional source of…
As a business owner, you have likely come up with countless ways to grow your company. Have you considered renovating your business? Do you wish to expand? Are you interested in introducing a new product line? Do you have an…
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…
Does the following scenario sound familiar to you? You’ve gone to great lengths to start your business. It’s taken a lot of time, effort, energy and money, but you’ve finally pulled it off. Your long-time dream is now a reality!…
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…
Is there anything of value that you own, that we can take, if you don’t pay us back? Now, we’re not saying that this is exactly the way in which bank loan officers formulate this question. But for the many…
Are you a small or medium-sized business owner? If so, you’ve likely had the experience of visiting a bank in order to secure a loan to grow your business. You may be part of the small minority of entrepreneurs who…
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…
If you’re a Canadian business owner who has had a business loan application denied by a bank, you’re not alone. All across the country, a growing number of merchants are experiencing trouble securing extra working capital through business loans. Even…
The question posed by the title of today’s blog is one that is often asked by entrepreneurs all over Canada. Far too many of them have found that going to the bank to secure a business loan is a much…