Financing
If you are looking for dilutive or non-dilutive financing for your business, whether it’s a business loan or venture capital, you’ve come to the right place.
How to Use Owner Financing to Complete a Business Buyout in Canada
Are you considering a business buyout? Owner financing can be a powerful tool to help you achieve your goal. In this article, we will explore how owner financing works, the steps to implement it, the legal considerations involved, and the…
Business Line of Credit vs. Business Credit Card: Which One is Better?
Most SMBs will use one or both of two major financing sources, but which is better, the business line of credit vs the business credit card? From time to time, small businesses can face urgent cash needs. A supplier invoice…
How to benefit from the CEBA Loan Forgiveness Scheme if you don’t have $40,000
The Government of Canada launched the Canada Emergency Business Account (CEBA) scheme in April 2020. At the time, this measure aimed to help small businesses and non-profits navigate the challenges from the COVID-19 pandemic. Between 2020 and 2021, CEBA distributed…
The 7 best small business loans providers in Alberta
Small businesses are a pillar of Alberta's economy, making vital contributions to job creation, innovation, and community growth. Many entrepreneurs who register a business in Alberta often find themselves in need of additional funding, and here is where small business…
The 14 Best Small Business Grants in Alberta
Securing the appropriate funding can be a difficult task for many small businesses. While small business loans are a great option to get additional financial resources for your business, you will have to repay them sooner or later. Fortunately, small…
The 12 Best Small Business Grants in BC
In recent years, British Columbia (BC) has transformed into a vibrant hub of entrepreneurship, with more than 510,700 small businesses contributing to the province's economy. Unlike small business loans, small business grants in BC provide essential financial aid that can…
Loop Card Review: The Ultimate Finance Champion for Your Business?
Does entrepreneurship feel more like a UFC fight? The Loop Card could be the personal trainer you need to hit above your weight class. Especially if you run an online business. The world of eCommerce can be an intense, full-contact…
The Ultimate Guide to Merchant Cash Advances in Canada
Advantages & Disadvantages of Merchant Cash Advances AdvantagesDisadvantages- Easy approval- Rapid funding- Automatic repayment- Flexible structure- High-interest rates- Lack of long-term financing options- Potentially need to catch up on repayment schedule- Potentially higher payment processing fees Advantages A merchant cash…
Business Credit Score in Canada: Everything You Need to Know in 2023
For many entrepreneurs in Canada, business is a game of numbers. Profits, losses, liabilities, assets, and the like, are measured and checked to ensure their business is on track—for good reason. A business’s financial situation is paramount to its success. …
The Ultimate Guide to Securin a Shareholder Loan in Canada
Small and medium-sized corporations and their shareholder(s) will often use shareholder loans for two distinct purposes. First, shareholder(s) borrow cash from the corporation for personal expenditures. Second, the corporation borrows funds from shareholders for purposes such as increasing cash on…
Dragon’s Den, VoltSafe & The Spark for Success
VoltSafe originally made waves when co-founders Trevor Burgess and Arash Janfada appeared on CBC’s popular TV show, Dragons’ Den. They presented the world’s first magnetic, high voltage, prong-less plug. But it wasn’t the aesthetic difference between VoltSafe’s hardware and the…
Your Financial Journey Starts Here
Thank you for subscribing to Hardbacon's newsletter!
