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How to Choose between a Line of Credit and a Merchant Cash Advance

Businesses need capital for a variety of objectives. Growth, capital expenditures, acquisitions and working capital are just some of the many reasons that businesses will tap lenders to raise debt or other such facilities. But while there are many financing options available today, different options are suitable for different purposes. In this article, we will delve a little deeper into two such financing options: the conventional line of credit and the slightly less conventional merchant cash advance.

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Back to School Shopping: How to Save on it

In September of each year, a nationwide phenomenon sweeps the retail store landscape in a manner similar to Black Friday or Christmas. Unlike those two though, this is not a single day of frenzied shopping. It is spread out over a few weeks starting early to mid-August. The phenomenon’s name is the Back to School season.

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Best Ways to Teach Kids Financial Responsibility

Teaching your children the value of money is an underrated aspect of parenting. While the initial focus is all on manners and kindness, financial habits are an equally crucial component of raising a responsible adult.

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What Happens to Your Credit if You Don’t Pay a Loan?

In today’s consumer landscape, credit scores are amongst the most important variables that can have a significant impact on your financial future. From buying a car to purchasing a home, the credit score is a gatekeeper to potentially low rates if the borrower is fiscally conscious.

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6 Common Things Canadians Waste Money On

We're all free to spend the money we earn however we see fit, buying the things that bring us pleasure, saving up for future investments, or simply blowing it all on the latest gadgets and fancy vacations. Read More

Our loans are considered short-term loans and have up to a 6-60 month term with an interest rate ranging from 3.4%-20% per month.

Example: $1,500 borrowed for one year at 3.4% per month. Monthly payments are $199.05. Total payback with interest and fee of $194.00 is $2,388.54.

NOTE: You can pay off your loan at any time with no penalty. You will only pay interest up to the date you pay it off.