Business Loans In Canada: Financing Solutions Via Alternative Finance & Traditional Funding

Business loans and finance for a business just may have gotten good again? The pursuit of credit and funding of cash flow solutions for your business often seems like an eternal challenge, even in the best of times, let alone any industry or economic crisis. Let’s dig in.

Since the 2008 financial crisis there’s been a lot of change in finance options from lenders for corporate loans. Canadian business owners and financial managers have excess from everything from peer-to-peer company loans, varied alternative finance solutions, as well of course as the traditional financing offered by Canadian chartered banks.

Those online business loans referenced above are popular and arose out of the merchant cash advance programs in the United States. Loans are based on a percentage of your annual sales, typically in the 15-20% range. The loans are certainly expensive but are viewed as easy to obtain by many small businesses, including retailers who sell on a cash or credit card basis.

Depending on your firm’s circumstances and your ability to truly understand the different choices available to firms searching for SME COMMERCIAL FINANCE options. Those small to medium sized companies ( the definition of ‘ small business ‘ certainly varies as to what is small – often defined as businesses with less than 500 employees! )

How then do we create our road map for external financing techniques and solutions? A simpler way to look at it is to categorize these different financing options under:

Debt / Loans

Asset Based Financing

Alternative Hybrid type solutions

Many top experts maintain that the alternative financing solutions currently available to your firm, in fact are on par with Canadian chartered bank financing when it comes to a full spectrum of funding. The alternative lender is typically a private commercial finance company with a niche in one of the various asset finance areas

If there is one significant trend that’s ‘ sticking ‘it’s Asset Based Finance. The ability of firms to obtain funding via assets such as accounts receivable, inventory and fixed assets with no major emphasis on balance sheet structure and profits and cash flow ( those three elements drive bank financing approval in no small measure ) is the key to success in ABL ( Asset Based Lending ).

Factoring, aka ‘ Receivable Finance ‘ is the other huge driver in trade finance in Canada. In some cases, it’s the only way for firms to be able to sell and finance clients in other geographies/countries.

The rise of ‘ online finance ‘ also can’t be diminished. Whether it’s accessing ‘ crowdfunding’ or sourcing working capital term loans, the technological pace continues at what seems a feverish pace. One only has to read a business daily such as the Globe & Mail or Financial Post to understand the challenge of small business accessing business capital.

Business owners/financial mgrs often find their company at a ‘ turning point ‘ in their history – that time when financing is needed or opportunities and risks can’t be taken. While putting or getting new equity in the business is often impossible, the reality is that the majority of businesses with SME commercial finance needs aren’t, shall we say, ‘ suited’ to this type of funding and capital raising. Business loan interest rates vary with non-traditional financing but offer more flexibility and ease of access to capital.

We’re also the first to remind clients that they should not forget govt solutions in business capital. Two of the best programs are the GovernmentSmall Business Loan Canada (maximum availability = $ 1,000,000.00) as well as the SR&ED program which allows business owners to recapture R&D capital costs. Sred credits can also be financed once they are filed.

Those latter two finance alternatives are often very well suited to business start up loans. We should not forget that asset finance, often called ‘ ABL ‘ by those Bay Street guys, can even be used as a loan to buy a business.

If you’re looking to get the right balance of liquidity and risk coupled with the flexibility to grow your business seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business finance success who can assist you with your funding needs.

10 Daily Habits That Can Improve Your Oral Health

Taking care of your teeth and gums is an important component of maintaining your general health and well-being. Cavities, gum disease, and poor odor are just a few of the dental issues that good oral care can help you avoid. It is critical to practice excellent oral hygiene practices on a daily basis to keep your teeth and gums healthy. Here are ten daily habits that can improve your oral health.

1. Brush twice a day
Brush your teeth twice a day for two minutes each time to ensure that you are cleaning all areas of your teeth. Use toothpaste that contains fluoride to reinforce your dental enamel and prevent the development of cavities.

2. Floss daily
Flossing is necessary to eliminate plaque and pieces of food from between your teeth and along your gum line. If you find traditional floss tough to use, consider interdental brushes or water flossers as an option.

3. Use mouthwash
Mouthwash can help to freshen your breath and decrease the number of bacteria in your mouth. It is recommended to use mouthwash after brushing and flossing to ensure that it reaches every area of your mouth. To help avoid caries, look for a fluoride-containing mouthwash.

4. Drink water
Water is beneficial not only to your general health but also to your dental health. Water helps rinse your teeth and clear away food particles and bacteria that can cause cavities and gum disease. If you are unable to clean your teeth after eating or drinking, drinking water can help to neutralize acids in your mouth.

5. Limit sugary and acidic foods and drinks
Sugary and acidic meals and beverages can erode the enamel on your teeth, causing cavities and pain. Limit your intake of these foods and drinks in favor of healthier alternatives such as vegetables and fruits.

6. Chew sugar-free gum
Chewing sugar-free gum after meals can help to boost saliva production, which serves to wash away leftovers and reduce acids in the oral cavity. Xylitol is a natural sweetener found in some sugar-free gums that can help avoid cavities by decreasing the number of bacteria that live in the mouth.

7. Replace your toothbrush regularly
Toothbrushes can become old and frayed over time, making them less successful in cleaning your teeth. Replace your toothbrush every three to four months, or sooner if the brushes become frayed or if you have been sick to avoid reinfection.

8. Use a tongue scraper
Bacteria can build up on your tongue, causing poor odor and other dental issues. Using a tongue scraper to eliminate bacteria can help improve your general dental health. Tongue scrapers are available at most drugstores and online.

9. Visit your dentist regularly
Regular dentist exams and cleanings are necessary for excellent oral health. Your dentist can perform an oral exam, identify any issues, and offer treatment options to stop further damage. They may also clean your teeth to eliminate plaque and tartar, which can cause cavities and gum disease.

10. Quit smoking
Smoking is not only bad for your general health, but it is also bad for the condition of your teeth and gums. It may result in mouth cancer, poor odor, gum disease, and teeth discoloration. Quitting smoking can improve your general health and lower your chances of developing oral health problems. Your dentist can help you quit smoking by providing resources and assistance.

The bottom line
Maintaining good oral care practices on a daily basis can keep your teeth and gums in good condition and help you avoid a number of dental issues. By incorporating the aforementioned habits into your daily routine, you can enjoy a healthy smile for years to come.

Author’s Bio:
I am Amelia Grant, journalist, and blogger. I think that information is a great force that is able to change people’s lives for the better. That is why I feel a strong intention to share useful and important things about health self-care, wellness and other advice that may be helpful for people. Being an enthusiast of a healthy lifestyle that keeps improving my life, I wish the same for everyone.

Our attention to ourselves, to our daily routine and habits, is very important. Things that may seem insignificant, are pieces of a big puzzle called life. I want to encourage people to be more attentive to their well-being, improve every little item of it and become healthier, happier, stronger. All of us deserve that. And I really hope that my work helps to make the world better.

Earn An Online Business Degree

Getting an online business degree has become a popular option especially in the past few years and there are a lot of schools competing for students. With the realization of international trade and the globalization of many markets, the need for skilled business school graduates is ever increasing. Online business degree programs recognize that need and cater to students who might already possess a modicum of business experience.Online Business Degree – Where To StartAn Associates Degree in Business is really a starting place to lay the foundational education of a business degree and essentially concentrates learning on a very basic skill set. Basic courses in business administration, economics, business management, marketing, accounting, and business law set the course for further study or provide a basic knowledge of business.A Bachelors Degree in Business offers the ability to focus on particular areas of interest such as finance, management, human resources, or marketing and might include advanced study in certain areas like accounting, economics, and business law. A student with an interest in business law could pursue a law degree following the completion of a Bachelors in Business Degree.A Masters Degree in Business allows even more specialization and expectation that students can their growing expertise to everyday business situations. Marketing, finance, management, economics and more are available Masters Degree specialties depending upon the college. Graduate requirements for online degrees are often a bit different than traditional college degree programs and also vary greatly from school to school.Why Choose An Online Business Degree Program?Online business degree programs have become popular choices for prospective students due to the flexibility and accommodation that these programs provide. Many students who are currently employed find it nearly impossible to undertake a traditional degree program without leaving their job or moving to a college community that offers a degree program in their field of interest. Some prospective students are tied to family or other obligations that preclude relocation or might just be isolated geographically and unable to relocate for whatever reason. Online College Degrees are the answer to many of these situations and can provide a reasonably similar educational experience.The main types of online education offered by colleges and universities falls into one of two categories, Synchronous and Asynchronous. Synchronous classes can be considered a hybrid of traditional classes and remote connection wherein the online students are connected with the classroom and must be present at the same time and day as the actual on-campus class. The online students therefore receive the lectures and discussion at the same time. Asynchronous, on the other hand, allows students to review lecture material and complete coursework on their own schedule. Classroom discussion might take place in a forum or via a bulletin board and while there are of course deadlines and due dates, how the students decide to attend class and complete assignments is primarily up to them. This type of class does require students that are self-motivated and organized so it’s not for everybody.Earning an Online Business Degree can be a huge factor in career advancement and income potential and the ability to earn the degree online makes them very attractive in the eyes of potential students.