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.

Natural Nutrition

One of the most important decisions you have to make to keep your dog healthy, concerns nutrition. Food is the engine that drives your dog through a better and longer life. There are several schools of thought on what types of nutrition you should feed your dog. You can reduce these two camps into two: manufactured and heavily processed food and natural nutrition.Those who believe in feeding their dog “natural” food believe it results in an increase in wellness and longevity. The supporters perceive commercial food as being less capable of providing the right nutrition for canines. Commercial processed foods, they argue, are too heavily processed and contain unnecessary chemicals and other additives. Some, they feel, are actually harmful for your dog and/or interfere with your canine’s ability to reach his or her full potential. The question remains: “What is natural nutrition and why is it supposed to be so good for my canine companion?”What Is Natural NutritionNatural nutrition refers to the contents of certain types of dog nourishment. It is natural because it does not contain any synthetic additions. A truly natural product has not contact with either pesticides or chemical preservatives. It comes from natural food sources. Top preference for the sources would be organic meat, fish, grains and vegetables. Another term that may arise is holistic. There is, however, a difference between these two types of nutritional suppliers.Organic food is approved by the United States Department of Agriculture (USDA) National Organic Program or its equivalent in Canada or Europe. All the ingredients do not contain or come into contact with hormones, chemicals or pesticides at any stage of their development. The process of the grains, meat and vegetables into the diet does not involve the addition of any of these same products or other chemicals, particularly preservatives, into the food at any time during the manufacturing process.Holistic nutrition is slightly different than organic is. While the demand for high quality ingredients that are chemical, pesticide, hormone and preservative free is the same, there are distinctions. Holistic nutrition is part of a more complex system of health and well-being. Its specific intent is to provide a positive effect on the animal’s health.Basic Natural NutritionWhether you prefer the labels holistic or organic, read the labels to understand what the food contains and whether it is healthy and suitable for your canine. Does it contain sufficient nutrients? Are these the right type in the right amount for your canine?What natural/organic/holistic nutritional food consists of is written clearly for you to read. Look at the label. The very first ingredients on the list will indicate how natural and nutritious the food will be for your dog.The first ingredient on the label indicates the largest percentage of the food consists of this. It should be any of the following· Whole chicken
· Whole turkey
· Whole lamb
· Whole venison
· Whole meatsNatural nutrition does not consist of meat by-products. Meat products is a catchall term for anything from horse hoofs to ground giblets. Whole meats contain the highest nutritional value.The next ingredient to consider is the whole grains. Unlike commercial products, natural nutrition relies on whole grains. They avoid wheat, flour and white rice. Instead, these contain brown rice and oats. These food are better fiber sources and easier for on the digestive tract.It is necessary to add preservatives. Organic and holistic dog food rely on natural alternatives. These include tocopherols or vitamin E. Natural nutrition also will include natural antioxidants. This includes rosemary. These are to help your canine in the fight against diseases. The food also contains phytonutrients commonly found in fresh fruits and vegetables, particularly blueberries, parsley, carrots and apples. These help promote health and healing in your dog.ConclusionNatural nutrition does not mean a raw food diet. It means providing your dog with a healthy diet. If you combine whole, natural grains and meat with phytonutrients and antioxidants, you create a powerful tool. Together these ingredients can help your dog create and live a long and healthy life.

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Upon getting information about an upcoming school science fair and the need to consider a topic of interest, many students will typically have no idea where to get started. While the science fair is typically a common occurrence in any school at any grade level, there are different types of topics that should be taken a look at depending on the age of the student. After first taking a look at the many different categories of science projects, you will be able to locate a suitable choice of topic to take to the next level.There is a wide variety of categories that fall under the types of science projects that can be chosen for a school science fair. These include biology, chemistry, physics, microbiology, biochemistry, medicine, environmental, mathematics, engineering, and earth science. While you may not have yet learned very much in any of these categories, don’t be afraid to see what each one entails. Taking a good look at your interests will allow you to focus on the right direction to take.Many resources are also available for those who are unsure as to the topic they are wanting to use to create their science projects. If you take a look at the topics that fall under the biology category, you will likely notice that there are topics that deal with plants, animals, and humans. For those who are in 2nd grade or 3rd grade, an interesting topic may be to determine if ants are picky over what type of food they eat. While this topic might not be of interest to an 8th grader, it is certainly something in the biology category that an elementary school student would enjoy.Along with the biology category, a high school student may want to take a look at diffusion and osmosis in animal cells as this would be a more appropriate topic for the grade level. A student in 6th grade would be more advanced than an elementary school student, but not as advanced as a high school student. At this middle school grade level, a topic of how pH levels effect the lifespan of a tadpole may be of interest.Whichever resource is used to locate a topic for science projects, it is always a good idea to consider the grade level of the student prior to making a selection. It is always assumed to be best to have a project at an appropriate level in order to keep the attention of the student and provide a fun and enjoyable learning experience.