July 2020
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 growth.
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July 2020
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 incredibly thin margins to begin with.
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June 2020
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 irreversible. Before you make the difficult decision to close your company’s doors for good – make sure that you have considered the alternatives. And by alternatives – we mean alternative financing.
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May 2020
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) which covers 75% of an employee’s wages for businesses of all sizes who have lost at least 15% of their revenue due to COVID-19....
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April 2020
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 temporarily, the fact is that many entrepreneurs are struggling financially during this time.
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