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.

Exposing the Dirty Truth Behind “Sensitive Skin Care Products”

Do you have sensitive skin and spend your time searching for solutions? Are you always looking for great sensitive skin care products? Lets see exactly what sensitive skin is and what you can do when faced with selecting anti aging products for your skin.Of course there are always people with specific skin conditions. There are clear skin conditions that require the care of a dermatologist and people who may consider that their skin condition requires professional care ought always consult a doctor first. However it’s fair to say that the vast bulk of people with sensitive skin problems do not have skin conditions requiring the care of a dermatologist.If you have delicate skin you know what it’s like. You get the skin redness, dryness, flaking and itching and your skin looks blotchy. However the sad truth is that in almost all cases where this is the case it is not the skin that is the problem but the products that are used on it.The reality is that delicate skin problems are commonly the result of the use of big brand mainstream products such as cosmetics, anti aging products, personal and beauty products such as soaps, shampoos and deodorants that contain ingredients that produce an irritant or allergic skin reaction.This is not because it is impossible to manufacture these products without using these ingredients. It is perfectly possible to manufacture high quality cost competitive personal and beauty care products that work extremely well and which use natural safe and effective ingredients. The problem is that most of the chemical ingredients that produce the skin reactions known as “sensitive skin” are extremely cheap. Many are chemical ingredients produced in a lab and used in many of the big name products that you might be using right now.In fact the problem of dangerous and irritating ingredients in personal products is now so serious that there are entire organizations set up to combat this. Perhaps the best known of these is the Campaign for Safe Cosmetics. They battle against the proliferation of chemical ingredients in personal products that are essentially dangerous to your health, that are irritants your skin and which are in some cases “known to cause cancer”.In fact it is unnecessary for there to be any sensitive skin products such as sensitive skin creams and sensitive skin moisturizers at all. There are many outstanding skin care products, for example, which are highly effective and which use only natural, known safe, and effective ingredients which can be used on all skin types and which do not produce any allergic or irritant skin reaction.In fact the company that makes the worlds best skin care products does not make any delicate skin products. This is because all of it’s products are safe to use on all skin types, work for all skin types, and do not produce any allergic skin reactions. If you use products such as these there is no need to buy any sensitive skin products.Sensitive skin care is not about selecting the best product for your skin type. It is about making a conscious decision to avoid the use of mainstream big brand personal, beauty and body care products such as cosmetics and skin care products, soaps shampoos and deodorants, and substituting natural skin care products and natural cosmetics in their place.If you’d like to find out where to source the worlds best natural skin care products and natural cosmetics visit my website where you can also see a discussion of many of the chemical ingredients used in modern products that cause so many of the sensitive skin care problems that we see in so many people today, and find what I consider to be the worlds best Sensitive Skin Care Products.

Reasons Why SMS Marketing Is Better Than Any Other Mode of Marketing

SMS Marketing is better than any other mode of marketing? This might seem like a hot topic among marketers all around the world. Most of the marketing mediums have been available since decades, but the widespread of mobile devices has definitely changed the way every marketer treat these options in the marketing plans.SMS Marketing is known to come as a reliable option to reach out to end users with precise and targeted messages. Mentioned below is a complied data that compares SMS marketing with the other modes of marketing to give you an overview of their current standing as an effective marketing tool.1) Open Rate- Open Rate of SMS Marketing – 90%- Open Rate of other modes of marketing – 30 to 35%These numbers do not leave anything for us to debate on as your customer is bound to read your message sent via SMS.2) Quantity matters- Number of text messages; the lesser, the better- Number of emails or ads, the more the betterWe do not need to think about this twice. Just think about how you treat your messages and emails. If you keep receiving an email from the same address, there is a probability you might just open it once. With messages, nobody is tolerant towards unnecessary disturbance. The point of a text message is just to give out the required information in a precise manner and that’s what people expect from marketing messages.3) Nature of Campaign/SMSThe nature of the message is very vital for text messages and any other mode of marketing. For instance, if you have an offer or discount to offer to your customers, SMS Marketing is the perfect mode. No other medium of marketing will create an impact as text messages when discounts and offers are considered.4) Click – Through – Rate- The CTR of SMS Marketing – 40%- The CTR of other modes of marketing – 7 to 10%The reason why every marketer is taking SMS Marketing seriously is because of the wide penetration of mobile phones in the market. Mobile phones are affordable and within everybody’s reach and so are the data packages.And so, the possibility of the end-user opening the link sent via message, provided it is of their given interests, is much higher now than ever.Regardless to say, an SMS will always find a way in your customer’s inbox. Finally, it is safe to say that SMS marketing is a more effective tool than any other. Have you tried it yet?