A cash advance is a business financing tactic that allows a small business to obtain operating capital without taking out a loan. It’s a short-term solution to cash flow challenges
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- Consultative Selling in Small Business Finance October 17, 2019This story appeared in deBanked’s Sept/Oct 2019 magazine issue. To receive copies in print, SUBSCRIBE FREE It’s nearly impossible to teach fiscal responsibility to most consumers, according to researchers at universities and nonprofit agencies. But alternative small-business funders and brokers often manage to steer clients toward financial prudence, and imparting pecuniary knowledge can become part […]
- Salaries For All, Even For Gig Workers October 16, 2019“If we don’t solve the problems, there’s just a nightmare coming.” This is how Trezeo’s CEO and Co-founder Garrett Cassidy views the work that he and his company are doing. Created in 2016 with the aim to provide support to self-employed people via income smoothing, Trezeo offers workers whose income streams may be irregular the […]
- BFS Capital Launches Canadian Tech Hub October 16, 2019Small business lender BFS Capital is making an expansion push with the creation of a new data science and engineering hub in Toronto. BFS, which serves customers in a trifecta of jurisdictions that in addition to Canada includes the U.S. and the UK, has undergone a technological transformation that includes building out a tech team […]
- National Business Capital & Services Expands into Cannabis Funding with CannaBusiness Financing Solution October 15, 2019Today National Business Capital & Services (NBC&S) announced it has begun serving cannabis companies. Through its new program, CannaBusiness Financing Solution, NBC&S is now accepting applications for loans starting at a minimum of $10,000 from firms in the industry that are over one year old. “The CannaBusiness Financial Solution will allow business owners to seamlessly […]
- CAN Capital Announces New CCO October 15, 2019We are proud to announce that we have hired David Lafferty as CAN Capital’s new Chief Credit Officer (CCO.) Lafferty brings his expertise in commercial lending, business development, operational planning and profit & loss management to the CAN Capital team. Lafferty has over twenty years of proven experience providing financial services to small businesses. He […]