Featured on Smarter.Loans: Do You Need Good Credit to Get a Small Business Loan in Canada?
Commercial lenders assess your business’s risk and creditworthiness primarily based on your personal and—if you have one—business credit scores. With this in mind, you might think that you always need to have great credit to secure a business loan. Good news—there is no universal minimum credit score requirement for a business loan, which means you don’t necessarily need to have a stellar credit rating in order to get the funding you need. Ultimately, how good your credit needs to be depends
Featured on Physician’s Practice: 10 Ways To Use Medical Practice Funding
Different forms of medical practice funding are ideal for different uses. Certain types of financing are designed for specific uses such as purchasing equipemnt, real estate, or inventory, or acquiring a practice. Other funding types have no restrictions and are ideal for use as working capital. Understanding how you can use each kind of funding and its ideal uses will help you determine which medical practice funding best suits your needs. We joined Physician’s Practice to share 10 popular ways to
Canada Small Business Financing Program Loans vs. Alternative Lenders in Canada
There are many small business funding options available to businesses in Canada, including government-funded programs, bank loans, and alternative lending. Each type of funding has unique application requirements, qualification criteria, and ideal uses. Canada Small Business Financing Program loans are one of the most preferred forms of small business funding in Canada, often with the lowest fees and best terms, but these loans are not always the best option for small business funding in Canada. With so many options available, understanding
Main Street Finance group Jordan Fein Talks Fintech – Part 5 of 8: Be Transparent and Open in the Lending Process
Main Street Finance group CEO Jordan Fein joined Smarter Loans to talk all things alternative business funding. In this short clip, Jordan explains the importance of transparency and communication and shares his #1 piece of advice for small business owners who are looking for funding. Watch the video, or keep reading below for a full transcript. SL: What are some things on your end that you’ve seen, perhaps mistakes that borrowers make specifically tied to maximizing the potential of different types of financing?
Main Street Finance group Jordan Fein Talks Fintech – Part 6 of 8: Starting a Business on the Downturn of the Industry
Main Street Finance group CEO Jordan Fein joined Smarter Loans to talk all things alternative business funding. In this short clip, Jordan explains why opportunity abounds during times of disruption and downturn, and shares his advice for small business owners who are looking to pivot or start a new business. Watch the video, or keep reading below for a full transcript. SL: You’ve been dealing with SMBs for over a decade now. Greenbox Capital has funded so many businesses. If you
Featured on Smarter.Loans: Factor Rate vs. Interest Rate: Understanding Small Business Loan Rates and Fees
Financial terminology and the variety of small business lending options available can be difficult to understand. When you consider all of the different funding options, each with their own unique fees, cost structures, and rates, understanding and comparing them can be a challenge for small business owners in any industry. Interest rates and factor rates are the two most common types of rate structures used in small business lending. If you’re looking for small business funding, it’s important that you understand
Greenbox CEO Jordan Fein Talks Fintech – Part 7 of 8: How Can The Borrowing Experience Be Improved?
In a series of interviews with Smarter Loans, Greenbox Capital CEO Jordan Fein discusses all things alternative lending and FinTech. In this short clip, Jordan shares his thoughts on how transparency and regulation can help protect borrowers and improve the borrowing experience. Watch the video, or keep reading below for a full transcript. SL: Innovation is happening on a daily, weekly, monthly basis, oftentimes at warp speed. In terms of how much room there is left to really enhance and improve
Greenbox CEO Jordan Fein Talks Fintech – Part 8 of 8: What’s Next for Greenbox Capital?
In a series of interviews with Smarter Loans, Greenbox Capital CEO Jordan Fein discusses all things alternative lending and FinTech. In this short clip, Jordan shares what’s next for Greenbox Capital and hints at new features borrowers and brokers can expect to see in the next four to six months. Watch the video, or keep reading below for a full transcript. SL: In terms of what’s up next for you and Greenbox Capital, is there anything you want to speak to? Any upcoming
Accounting Firm Funding: The Essential Guide to Loans for Accountants
Understanding your funding options and applying for the right small business loan for your business can be confusing. Our Industry Funding guides make it easy to compare your funding options and choose the right loan for your business, whether you’re just starting up or are looking to grow an existing business. What You’ll Find in This Guide Accounting Firm Funding Options What is the Best Loan for Accountants? How To Use Accounting Firm Loans How To Apply for Accountant Loans Frequently