Business Finance Specialist
The Bank of Canada recently increase it’s overnight rate to 1.75% the highest it has been since December of 2008. The big 5 banks responded and raised their prime lending rates from 3.70% to 3.95%. What does this mean? We will leave that to the experts to comment on. We want however to draw … [Read more...]
Below is an example of 11 of the most commonly used ratios by financial institutions as they assess the credit worthiness of potential commercial clients. Please provide us with your feedback on the helpfulness of this information. If you have any suggestions on other topics that you might want … [Read more...]
The act of postponing, delaying or putting off, especially out of habitual carelessness or laziness. Procrastination is a word that most of us may have been guilty of at some point in our professional or personal lives. At times, it is so easy to take your eyes off the goal and procrastinate. … [Read more...]
We have had the opportunity of attending a couple of sessions on this subject, which have been put on by MNP and hosted by the Chamber of Commerce of Nanaimo & the Chamber of Commerce in Parksville. While legalization is quickly approaching, this will be a highly regulated market place with … [Read more...]
When you say, "it's hard", it actually means, "I'm not strong enough to fight for it". Stop saying it's hard. Think POSITIVE! Any obstacle you come across in life or in business can be overcome with a POSITIVE attitude! Business financing help is one call away! We do all the legwork for you! … [Read more...]
Today's quote: Love what you have. Need what you want. Accept what you receive. Give what you can, and always remember, what goes around, comes around. Author Unknown Make it a GREAT day! … [Read more...]
Are you starting a new business and need financing help? Do you have an existing business and are looking for a second opinion on the current financing package you have in place? If you answered yes to either one of these questions, then we can help. We do all the legwork for you. With 40+ … [Read more...]
Starting a new business can be quite an undertaking. Refinancing an existing business can also be a challenge. In both cases, we recommend a detailed business plan. A business plan should be a living and breathing document, which ensures that you have identified all of the potential pitfalls that … [Read more...]
There are no secrets to success. It is the result of preparation, hard work, and learning from failure. Colin Powell … [Read more...]
Do you have off-balance sheet equity that could help with working capital requirements? If you answered yes then contact us to see how we can help. We know whom to approach, we know what to ask for in financing, and we know what information is required and how to present that information to get … [Read more...]
