CorFinancial Blog
How a Round of Successful Funding Has Business Booming for Local Car Dealer: Case Study
The following is a case study on a deal between CORFinancial and a client that needed commercial financing to provide a solution to its growth problem. The Company A well-established used car dealership servicing the non-prime market with its own in-house leasing arm...
Secondary Financing 101
The financial turmoil that today’s economic conditions have thrown many businesses into has made it even more important than ever that companies have access to financing options when they need it. Unfortunately, many business owners are not aware of their options, and...
Distributors: Gearing up for the Holiday Season and Increased Growth? Consider the Appropriate Financing for Your Business
It is no secret that many small to midsize businesses have been hit especially hard by the COVID-19 pandemic. If you are a distributor, bringing in enough inventory to meet the demand of your customers is always a challenge – especially since the banks don’t like...
NAVIGATING YOUR BUSINESS DURNG COVID-19:WORKING CAPITAL LOANS CAN SAVE YOUR BUSINESS
Running a business can be challenging during the best of times, but COVID-19 has presented business owners with obstacles they have never faced before. Whether they have had to switch to virtual services, get their staff working from home, or even shut down...
THE TYPES OF LOANS AVAILABLE TO SMEs AND WHY EVERY BUSINESS SHOULD BE CONSIDERING BRIDGE LOANS
The COVID-19 lockdown has been devasting to many Canadian businesses, and the sad reality is that many of them will not survive this. Federal, provincial, and local governments have all introduced programs to help such as the Canadian Emergency Wage Subsidy (CEWS)...
BEFORE YOUR BUSINESS CLOSES ITS DOORS, CONSIDER ALTERNATIVE FINANCING SOLUTIONS
The COVID-19 crisis is much more than just a health crisis. It is an economic crisis as well. Governments at all levels are doing what they can to help businesses, but for many who have had to close their doors for two months or longer, the damage may appear to be...
HOW RESTAURANTS CAN SURVIVE THE PANDEMIC INTACT
Slowly but surely, those in the business community across Ontario are taking their first tentative steps toward recovery after the devasting economic impacts of COVID-19. An industry that was hit especially hard has been the restaurant industry – an industry with...
ADVICE FROM OUR CO-FOUNDER AND SENIOR UNDERWRITER ERIC INSPEKTOR ON HOW TO DEVELOP A WINNING PROPOSAL TO A LENDER
There comes a time in the life of many small businesses when growth is inevitable. Maybe you’re looking to add new equipment, build a new facility or even acquire a competitor. As a business owner, you’re ready to proceed, but first you need to be able to fund that...
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