** Do you own a business? ** ·    Are you happy with your Financial Institution?  Does your current banker understand your business/industry? Do you have a new project on the go or a new business idea?Are you thinking of expanding?Do you need new equipment or a refinance of your current … [Read more...]

May your days be filled with peace, hope, and joy this holiday season. May 2020 be a year full of success both personally and professionally. Christmas is about spending time with family and friends. It’s about creating happy memories that will last a lifetime. Merry Christmas to you and … [Read more...]

Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. A business will sometimes factor its … [Read more...]

Experts are divided on where are economy is heading, but one thing is for sure we have a long and documented history of the up’s and down’s of the economy.   Is your business in a position to withstand an economic downturn, given the history of economic swings?  There seems to be … [Read more...]

In life and in business, don't be afraid to stand up for what you believe in, even if that means that sometimes you might be standing alone! Author Unknown! Are you in business? Think of your business life as photography, and always remember, you need the negatives to develop! Author Unknown! … [Read more...]

There are many tools available for business owners to use in analyzing the performance of their business.   The ones discussed in this document are certainly ones which financial institutions use to analysis the credit worthiness of companies. Your CPA should be your first stop as they are the … [Read more...]

Have you ever heard about Basel?  Basel is a global regulatory framework for more resilient banks and banking systems.  Understanding the banking industry and its players: People bemoan the “good old days” when a bank manager could lend you their limit on a handshake.  Now it … [Read more...]

Family where life begins and love never ends! Author unknown. On this day and every day embrace your family because we all know that tomorrow is not guaranteed for anyone of us. Your family is the best thing you could ever wish for. They are there for you during the ups and downs and love … [Read more...]

From the Federal Government website on Canada Small Business Financing Program here are some frequently asked questions and answers around the program. We hope you find it helpful. There are other aspects of this financing program which we would be happy to discuss with any business owner. Please … [Read more...]