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 You Should Know About the Drawbacks of Home Schooling

Home schooling is something of a controversial subject. There are those who say that it is not a good practice for educating a child and that’s mostly because of the many drawbacks that can be found in it. You are sure to encounter a lot of people saying bad things about it.Despite the fact that there are some people who say bad things about home schooling, you might still be interested in it. The interest could be because of the many obvious advantages that you could get out of this particular form of education. You might be worried though about the many cons you have heard about it.Don’t let yourself be limited by what you have heard from other people. You should base your decision from that you have discovered on your own. Make the effort to check for yourself if home schooling is really something that would benefit you and your child.To help you in making that decision here are some of the real drawbacks of home schooling that you would be facing when you make the decision to switch to it. These drawbacks are all based on the experience of families who are into this form of education:· One of the biggest drawbacks of switching to this form of education is the reordering of your priorities. If you and your spouse are both working then you might have to think about becoming a single income family. Home schooling means that a parent should be focused and dedicated to the education of their child.· Another drawback of home schooling might be the lack of time that you can dedicate to yourself. It is important that you spend some time away from your duties as a parent and a teacher in order to refresh yourself. If you don’t then that could seriously affect the way that you interact with your child, not to mention with your social connections.· You might doubt yourself when you opt for home schooling because you are doing that is out of the ordinary. There are those who might question your motives for teaching your kids at home. You should learn to get over these doubts and be confident about the decision that you have made.· In connection with the last drawback, you might meet other people who would try to tell you that what you are doing is wrong. They are convinced about that as a fact that they will try to convince you of the wrongness of the decision. You just have to accept the fact that there are such people.· It will be more costly to go for this form of education. You will be buying all of the materials needed by your children. These things are available for free in schools.· In the end this form of education might erode your confidence in authority. You are going against the conventions of society and so it might lead you to think that it would apply to other institutions as well.These are just some of the real cons that you would face when it comes to home-schooling.

Pregnancy Nutrition Facts – Calcium and Folate Are Essential for Proper Pregnancy Nutrition

Experts agree that perfect pregnancy nutrition is best achieved when the mother consumes whole foods containing nutrients such as calcium and folic acid from fruits and vegetables. It is not that easy for expectant mothers to get enough folic acid or calcium from whole food sources every day, so a health food vitamin or calcium supplement may be needed. When choosing the proper supplement it is important to understand the difference between natural health food vitamins for pregnancy nutrition and isolated multi-vitamins.When searching for the best pregnancy nutrition, be aware that it is better to consume vitamins, minerals and other nutrients that are attached to whole foods, not isolated. Whole food nutrients are much easier for the body to absorb, whereas isolated vitamins and minerals are often flushed out before the body can break them down to use for fuel. There are some excellent all natural, low carb, high fiber foods that provide perfect pregnancy nutrition, but you will need to search the Internet. Many of the best concentrated formulas are not sold in typical grocery stores or even health food stores.First, it is important to know some of the most valuable elements of perfect pregnancy nutrition.Here are the essential minerals that a pregnant woman needs on a daily basis:* calcium* protein* phosphorus* potassium* folic acid (folate) Folic acid is the synthetic form of folate that is found in supplements* Vitamins A, D, C, E and the entire B complex.It is a nutrition fact that calcium is an important mineral for everyone, especially children, adolescents, nursing mothers and expectant mothers who need perfect pregnancy nutrition. It is not easy for all pregnant mothers to consume enough calcium every day without a health food vitamin or calcium supplement of some kind. It is especially challenging to get enough calcium from whole foods, like fruits and vegetables.Some of the more familiar sources of calcium in whole foods are:* Broccoli* Yogurt* Cheese* Milk* BeansDandelion is a natural source of calcium from whole food and alfalfa has a high level of calcium with natural enzymes and chlorophyll, but these are a little harder to include in a daily diet for proper pregnancy nutrition. However, you can find a concentrated whole food calcium supplement that includes dandelion and alfalfa along with other whole food calcium sources.If you are inclined to take a calcium supplement, not only is it important for proper pregnancy nutrition that the calcium originates from whole food sources, it is equally important that Vitamin D2 is present. Vitamin D2 is crucial to aid the body in absorbing calcium. Vitamin D2 is a necessary component to work with the calcium for improved bone strength and density. In one particular natural whole food calcium supplement, 3 types of calcium are included with different absorption characteristics, and Vitamin D2 is present to enhance the absorption of calcium.Folate, also called Folic Acid and Vitamin B9 is another essential nutrient for perfect pregnancy nutrition. Folic acid is a B vitamin that helps the body create healthy new cells. That is why folate is very important for pregnancy nutrition as hopeful mothers create new life. Moms who include sufficient folic acid in their diets are taking positive steps toward preventing birth defects, especially of the baby’s brain or spine.Everyone has heard the stories about pregnant women who can’t control their mood swings. Plenty of medical research points to a deficiency of folic acid for fostering depression and other psychiatric disorders. In the book, “Food, Your Miracle Medicine” (Copyright 1993), Jean Carper states, “That folic acid can act as an antidepressant is no secret among scientists”. The book goes on to point out McGill University’s Dr. Young found, “accumulating evidence that folic acid deficiency can contribute to depressed mood”, and that eliminating the deficiency often cures the depression.For proper pregnancy nutrition, a woman needs about 800 mcg of folic acid daily. Nursing mothers can back that down to about 500 mcg. This level may not be easy for some to reach, as it requires up to six servings of foods such as spinach, beans or asparagus, every day. If a pregnant woman is not getting enough folate from whole foods, then a natural health food vitamin should be investigated.Foods with folic acid in them include:* Leafy, green vegetables* Fruits* Beans* Peas* NutsSome enriched breads, cereals and other grain products also contain folic acid. Again, it is important to be sure that the folate is attached to a natural whole food complex of B vitamins. You can find very effective whole foods, health drink concentrates and other pregnancy nutrition on the Internet that you will not find in retail stores. Just be sure to search for a natural health food vitamin for pregnancy nutrition. When you search, you will find folic acid along with other essential vitamins and minerals for perfect pregnancy nutrition.