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.

What Happens If You Don’t Pay a Payday Loan Back on Time – Help and Advice

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.

Maternal Nutrition is the Secret of Healthy Pregnancy and a Healthy, Well Developed Baby

Every mother wants to have an easy, uncomplicated pregnancy and a healthy child. Unfortunately, more and more women experience pregnancy complications, such as anemia, high blood pressure, thyroid problems, diabetes, premature delivery, and low birth weight.More children are born with birth defects and many of those who appear normal at birth go on to develop health problems later in life.One in 10 kids will have ADHD, one in 150 will become autistic. Children are affected by anxiety, depression, and bipolar disorder. Kids develop type 2 diabetes, which was unheard of just 20 years ago.Experts agree that most of these problems can be reduced and even prevented by proper nutrition during pregnancy.Mother’s nutrition has an affect not only on the pregnancy and on the infant’s birth weight, but even on the risk of birth defects, pregnancy complications, maternal illness, and future diseases when the child becomes an adult.Nutrients reduce pregnancy complications and birth defectsStudies show that proper diet and nutritional supplements, such as fish oil, vitamins C and E can prevent mother’s illness during pregnancy and premature birth. Vitamin A and beta-carotene along with magnesium, fish oil, and zinc can reduce maternal mortality. Iron and folic acid reduce anemia. Calcium reduces the incidence of pre-eclampsia and high blood pressure.According to the Journal of Nutrition:”Numerous studies support the concept that a major cause of pregnancy complications can be suboptimal nutrition.”"Frequency and severity of pregnancy complications may be reduced through an improvement in the nutrient status of the mother.”"Maternal nutritional deficiencies …may be significant contributors to the occurrence of birth defects. “Maternal nutrition will affect the rest of the child’s lifeMedical research shows that good nutrition during pregnancy and childhood can reduce baby’s risk of future cancer.Proper maternal nutritional supplementation can reduce the risk of diabetes later in child’s life.Certain specific deficiencies (for example magnesium) can also increase the risk of future diabetes.Even the risk of future osteoporosis (in a baby when he or she becomes an adult) is determined by “maternal nutritional status during pregnancy” and especially by vitamin D deficiency, which is very common.Most pregnant women are deficientUnfortunately, most pregnant women are deficient in vitamins, minerals, amino acids, and omega 3 fatty acids.Omega 3 fatty acids, especially DHA, are part of the brain, central nervous system, and the retina. A baby needs them for normal development of the brain and the eyes.Premature infants are more likely to have ADHD, depression, and schizophrenia, because their brains did not have a chance to fully develop and incorporate all the DHA it needed. On the other hand, children of mothers who eat large amount of fatty fish have better intellectual development and higher IQs.The problem is that almost 90% of women do not get even the minimal amount of DHA. Many women are deficient in folic acid, despite food fortification. Deficiencies of magnesium, calcium, iron, vitaminsC, D, E, and many other nutrients are very common, which can jeopardize the health of both the mother and the baby.Don’t count on prenatal multivitamin – it does not workThe sad truth is that a typical prescription prenatal vitamin does not correct most deficiencies, which are extremely common in pregnant women.Prenatal multivitamin is a poor source of nutrients. All the ingredients are synthetic, so your body cannot use them the way it uses natural nutrients from food.Plus it is loaded with chemicals, such as crospovidone, FD&C Red No. 40 aluminum lake, hydroxypropyl methylcellulose, lactose, magnesium stearate, mineral oil light, polysorbate 80, sodium lauryl sulfate, stearic acid, syloid, titanium dioxide and triethyl citrate. Neither you nor your baby need these chemicals. They do not help, but can only cause harm.How can you be sure to have the most optimal nutritionEat a good diet. This means eat natural foods. Oatmeal is natural, but cereal made from oats that looks like little doughnuts is not. Steak is natural, but luncheon meat is not. Eggs are natural, eggbeaters are synthetic unnatural junk.In other words, eat food the way it is naturally produced and avoid processed, man-made foods. This usually means avoiding anything that comes in boxes, cans, and plastic packages and anything that has expiration date months from today. Real food spoils, junk food is loaded with preservatives, so it can last for a long time.Eat fruits and vegetables, nuts and seeds, berries, meat, chicken, lamb, eggs, cheese, butter, and any other natural food that you like. Seafood and fish are usually OK, but eat large fish (salmon, tuna, etc.) in moderation because of potentially high mercury content.Try to minimize soda, ice cream, cookies, white bread and white rice, most breakfast cereals, and any other processed foods.But even eating a good diet may be leave you deficient in important nutrients. That is why I recommend nutritional supplements.As I mentioned, prenatal vitamins that you doctor prescribed is nothing but junk. It is a combination of synthetic chemicals, some of which may even be harmful for the developing baby.You should take only supplements that are made from real food. There is a company called Standard Process that has been producing food-based supplements since 1920s. They grow fruits and vegetables on their own certified organic farm. They dehydrate them using a patented low-heat high-vacuum process that retains all the nutrients. Think of it as turning a grape into a raisin. Raisins have all the same nutrients as grapes, except for water.They also use organ meats (liver, kidney, etc) from organic cows because they have very high nutrient content. They combine different ingredients to create various nutritional supplements. There is nothing artificial, no preservatives, no chemicals, only real food with real nutrients.It is never too early or too late to start. Whether you are just planning your pregnancy or are in the 3rd trimester, you need proper nutrition at every stage.This is the program I recommend to my patients:· Catalyn – a natural multivitamin/multimineral made from 12 different foods· Folic Acid B12 – for extra folic acid and B12· Ferrofood – natural organic iron· Calcium lactate – natural calcium and magnesium from beats· TunaOmega oil – naturally pure source of DHA and EPA, guaranteed free of mercury, PCBs, and other chemicalsAll these are from Standard Process. They are only available through health practitioners, so go on their web site and find a doctor near you. Or you can call my office at 718-769-0997 if you cannot find anyone locally.The important point is this. If you want to have a healthy, uncomplicated pregnancy and a healthy, well-developed baby, eat real food and take food-based nutritional supplements.