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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.

Debt Management UK – Time Tested Formula For Freedom From Debts

UK residents seem to enjoy a strange relationship with debts. While they cannot do with a large debt load over their shoulders, they also cannot do without incurring them for long. If a survey is to be taken out of the most rash spenders, then the Britishers are sure to rank highly. Without ever thinking about where the expenditures will be met from, people go on spending and spending. Debt management in the UK is a set of techniques and processes through which an attempt is made to give a break to the reign of debts.Debt management plays both an active as well as an advisory role in the UK. As part of the active role, the job of debt management UK will be to counter debts that have already been incurred. The techniques employed for this purpose include debt consolidation loans, debt consolidation mortgage, home equity loans, and debt consolidation through remortgage. The advisory role of debt management involves informing borrowers of ways to avoid debts. Debt counselling and credit counselling are employed to give debt sense to people.The roles may differ in terms of the period within which the benefit will become visible. While the results of debt consolidations loans are immediately visible, the impact of debt counselling will take time to come on the scene.With the pressure of creditors building up against individual, the first priority of debt management UK will be to relieve borrowers of debts. The process of settling debts is known as debt consolidation. It derives name from a sub-process that involves consolidating or clustering debts. From this stage onwards, it is the loan provider who assumes responsibilities of eliminating debts. Borrowers may or may not exercise this benefit since it is optional. However, given the relative inexperience of borrowers, it will be advisable to allow debt consolidation loan provider to settle debts.Debt management agencies have gained expertise in debt elimination through years of work in the field. When debts become unmanageable, borrowers are left with not much scope but to surrender to debt consolidation loans. On the other hand, there are borrowers who are confused about how debt consolidation loans will help when it is just another debt. The essence of debt management lies in the timing. The debts that are increasing your stress levels would demand immediate payment. Conversely, debt consolidation loan needs to be repaid over a period of 5 to 25 years. This means that the borrower has sufficient time to plan repayment.Loan provider’s participation in the debt consolidation process is limited to debt consolidation loans. Other debt management techniques, namely debt consolidation mortgages and home equity loans, may not include this facility. Consequently, expert advice and guidance for free is the chief attraction of debt consolidation loans. Borrowers however will make their choice of debt consolidation technique after considering many other factors.Cost of debt management technique will be given prominence during search. Debt consolidation mortgage, which is second mortgage, allows debt management at the rates of mortgage. Debt consolidation loans too garner funds at cheaper rates if the borrower agrees to serve some collateral. Since there is very little risk to cover in secured debt consolidation loan, these carry very low rates of interests.Debt consolidation loan and debt consolidation mortgage do not guarantee a life-long riddance from debts. They can at the best rid borrowers of debts at a particular point of time. For a life-long freedom from debts, the advisory role of debt management will be of immense help. Debt counselling is not merely informing borrowers of certain debt management tips. Debt management tips must be supported with sufficient examples. The manner in which borrower is counselled will have sufficient impact on the advice intake of borrowers. The counsellor must try to be as practical as possible. Debt counselling involves helping borrowers in implementing debt management tips and rescuing them from dead ends.Debt management, as is clearly visible has a very wide scope. However, a very thin line demarcates benefits of debt management from its drawbacks. One wrong step on debt management, and the very benefits that one boasted of can turn into drawbacks. Consequently, borrowers need to keep their eyes open, particularly on the debt elimination techniques like debt consolidation loans. Debt counselling too need not be taken lightly, since they also can backfire at times when incorrect tips are implemented.

The Increasing Popularity of Skin Care For Men

The market for skin care for men is increasing rapidly because men are becoming increasingly aware of their looks. Although those who would like to be known as ‘macho’ will not admit to it, they too are using male skin care products. Not every woman likes the scruffy look, and men are finding that caring for their skin can help them win the woman of their dreams.However, there are limits to what they will do to improve the way they look, and how their skin feels to their partner, and they tend not to focus too much on skin care treatments. That is the reason for skin care products for men being very easy and quick to use, just before they rush off to work or a disco.Women try to look good for work, while men don’t bother unless…there is a woman they like, when they will do whatever is necessary! However, a man will still be looking for something they can just quickly splash or smooth on without it taking up too much of their precious time. What are the forms of skin care products that men would use?Shaving ProductsThe most obvious are shaving products because, while make-up is what women do to get ready for a night out, shaving is what men do. They will either have clean, smooth face, wear so-called ‘designer stubble’ that women tend to refer to as ‘sandpaper-skin’ or even a beard or moustache, though these have lost their popularity in recent years.If you check out all the guys around you, you will see that most of them are smooth-shaven while the rest have ‘designer’ stubble more akin to sandpaper. Not that the ‘sandpaper look’ should be knocked, of course, because it does attract some women, but that doesn’t mean that they should neglect the health of their skin, and that could certainly be improved by using the appropriate skin care for men.Among the shaving products you can use are mousses and creams, and you acn also get dry shaving lotions for electric razors. After-shave products include skin conditioners, perfumed lotions and fragrances. None of them are difficult to apply and they only take a moment to do so – so they won’t hold you up! Their advantages are well worth the short time it takes to apply them!Skin Care ProductsSo let’s talk about you now and not the other guys that could end up losers if they don’t follow your lead. There are more skin care products for men other than just shaving lotions. The dead skin cells on your face can be removed using face scrubs, and the new skin underneath can come through and give you a new, fresh and glowing look, and make you look years younger which is what women like – women like that. They can make you look years younger.There are also tonics available that remove excess skin oil (sebum) from your face and protect you from getting whiteheads and blackheads due to your pores blocking up with dead skin cells and oil. Most women would prefer their men to have smooth, fresh, clean skin rather than a face covered in pimples or oil.  Every cosmetics company markets its own skin care products, Another type of product that can be very successful with a man is shea butter, in particular those men that are exposed to outside weather conditions can can be damaging to their skin, such as strong sunlight, heavy rain that washes off their natural oils, and drying winds. By using a shea butter product you skin will retain its moisture and feel really smooth when your opponent’s skin has dried up and feels really rough. Believe me – that is not what girls like.Although men are not under the same pressure as women to look after their skin properly, and likely feel it a waste to spend money on skin care products for men, they will eventually regret it in a few years time. Many men believe that they are being macho by not using these types of products, but the cosmetics houses did not develop them without there being a market for them and the fact is that men’s skin needs more looking after than that of a woman!You are more liable to be exposed to pollution and other chemicals while at work, and to be out in the rain, hail and snow. Skin care products for men are made with that difference in mind, which is the reason for the skin care products used by women having little effect on you. You men must have your own skin care products: each sex is different, their skins being just as different as any other parts of their bodies.It’s one thing wanting a woman to admire you from a distance, but quite another if you want her real close to you – that’s when the state of your skin is very important. You will be able to get ahead of the guys that don’t use anything by splashing or smoothing on any of these scented products for skin care meant for men – and they certainly do what it says on the tin. Definitely!

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