Small business owners from both sides of the District of Columbia flock to the city because of its warm welcome. With so many resources in Maryland and Virginia for small businesses, you’re set for success right from the start. How a Small Business Loan Can Help Your DC Business There are a number of lenders […]
Tag: small businesses
Utah Commercial Business Loan Broker, Monarch Commercial Capital Advocates for Clients Nationwide
Salt Lake City, Utah- The days of searching for the right commercial real estate financing and SBA loans are over. Now business owners are finding a broker that works for them and helps them find the right loan for their situation. This way, many business owners are able to find the best deals that feel […]
Looking Ahead: How a Business Loan Can Help Prepare for Future Growth | farm online
Story in partnership with Savvy. One of the keys to business success is that even in good times, you never stop investing in your business and planning for the future. With heightened optimism in many parts of Australia at the moment, many small businesses are recognizing that now is the perfect time to put this […]
Winchester man found guilty of COVID small business loan wire fraud, tried for more than $13 million
A Winchester man has been found guilty of fraudulently soliciting more than $13 million in forgivable loans for small businesses battling the COVID-19 pandemic. Elijah Majak Buoi, 40, was arrested and charged with four counts of wire fraud and one count of misrepresentation to a financial institution in June 2020 and indicted by a federal […]
Beware of commercial loan sharks
Running a small business is tough at the best of times, and the COVID-19 pandemic has certainly hit small businesses particularly hard. Near the top of the list for entrepreneurs is the need for capital and especially business loans in times of stress or expansion. In recent years, a plethora of new non-bank loan products […]
Should you take out a business loan to deal with inflation? – Forbes Advisor
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Small businesses across the country have faced many challenges over the past few years. And now, in addition to Covid-19 and supply chain issues, inflation is taking its toll on small business […]
Harbor Bank and Cerebro Capital commit $50 million to small business lending program
Harbor Bank of Maryland on Wednesday announced a partnership with Cerebro Capital, a commercial lending marketplace, to provide $50 million in loans to small businesses in the Baltimore-Washington metro area. The program, which will provide loans of up to $2 million, aims to increase access to capital for minority-owned businesses, which have traditionally been underserved […]
Fort Bend County Small Business Loan Program Nears Approval
Eligible businesses must have been significantly impacted by the pandemic or be a new business that will contribute to the county’s economic recovery. (Courtesy of Fotolia) $2 million will potentially be available for small businesses in Fort Bend County that have been impacted by the COVID-19 pandemic through the Regional Revolving Loan Program. The program […]
New commercial loan available for parts of NEMO
HANNIBAL (WGEM) – Economic development officials are working to grow businesses in Marion and Ralls County. They were approved earlier this week to provide some of the money needed to make it happen. Hannibal Industrial Development Co. is working with Hannibal Regional Economic Development Corporation to launch a new revolving loan program. The goal is […]
Fintechs merge to combine consumer and business lending technologies for banks
Two banking technology providers are merging to create a single company that helps banks provide digital loans and open accounts for consumers and small businesses. Based in Chicago Quantitya spin-off from fintech lender Avant, helps banks such as Barclays, Regions Financial and TD Bank are digitizing account opening, loan applications, credit card applications and more […]
MANTL Launches Enterprise Account Opening Solution to Meet Industry Demand for Automated Omnichannel Business Onboarding
NEW YORK, January 26, 2022 /PRNewswire/ — MANTL, a leading digital account opening solution for banks and credit unions, today announced a first-of-its-kind business account opening solution for banks. Built from the ground up to eliminate the inefficiencies of traditional integration, Business account opening by MANTL reinvents account opening across all channels (online, in-branch, and […]
Oxygen Implements Automated, Compliant Enterprise Account Opening with DocFox
SAN FRANCISCO, January 25, 2022 /PRNewswire/ — Oxygen, the modern financial platform built for the 21st century, today announced that it has implemented DocFox to automate and streamline account opening for its business customers. Oxygen digital banking platform is now live with automated business account integration via DocFox Oxygen provides seamless digital banking experiences for […]
NI Small Business Loan Fund makes £4.3m available to Co Antrim businesses
Shay Mullan, Director, Tom & Ollie, William McCulla, Corporate Finance Director of Invest NI, Fergal Green, Director, Tom & Ollie and Ulster Community Finance Ltd Managing Director Dónal Traynor. Belfast-based artisan food production company Tom & Ollie is one of 191 businesses in County Antrim to receive support from the Northern Ireland Small Business Loan […]
The benefits of a small business loan
A colleague or friend may have told you that you should take out a small business loan, but you’re not entirely convinced. After all, you will be incurring a debt that will need to be repaid. So why would you want to take out a loan for your business? Benefits of Small Business Loans Small […]
Why small business loan approval rates are climbing at a snail’s pace
Although approval percentages at banks and non-bank lenders (institutional lenders, alternative lenders and others) have increased steadily over the past 12 months, the rebound in small business lending has been far from robust. Bank safe. (Photo by Dick Whittington Studio / Corbis via Getty Images) Corbis via Getty Images Small business loan approval percentages at […]
Canada Emergency Business Account extends loan forgiveness repayment deadline
the Canadian Business Emergency Account (CEBA) provided $49.17 billion in interest-free, partially repayable loans to 898,254 small businesses and nonprofits. The $60,000 loans helped them weather the pandemic and stay resilient. However, the Omicron variant has delayed business recovery in many parts of the country. On Wednesday, January 12, 2022, the government announced that the […]
Feds extend deadline for emergency business account refunds
OTTAWA — Businesses struggling with a new round of shutdowns and capacity restrictions will have an extra year to repay interest-free emergency loans from the federal government. The Canada Emergency Business Account offered interest-free loans of up to $60,000 to small businesses and not-for-profit organizations. When the government first created the CEBA program at the […]
Government extends Canada Emergency Business Account loan forgiveness repayment deadline
Press release The Canada Business Emergency Account (CEBA) program has provided interest-free, partially repayable loans to nearly 900,000 small businesses and nonprofits to help them weather the pandemic and stay resilient. January 12, 2022 – Ottawa, Ontario – Department of Finance Canada The Canada Business Emergency Account (CEBA) program has provided interest-free, partially repayable loans […]
Canada Emergency Business Account loan repayment deadline extended
The federal government is extending the repayment deadline for the Canada Emergency Business Account (CEBA) program to support small businesses. Last year, on December 14, the government announced that the deadline would be extended, but did not provide a date. On Wednesday, Prime Minister Justin Trudeau announcement that the new deadline for repayment of the […]
Government extends business emergency account repayment deadline to 2023
Laura Osman, The Canadian Press Posted Wednesday, January 12, 2022 12:06 PM EST Last updated Wednesday, January 12, 2022 at 2:36 PM EST OTTAWA – Businesses struggling with a new round of shutdowns and capacity restrictions will have an extra year to repay interest-free emergency loans […]
Top 5 Government Business Loan Programs in India in 2022
The Government of India (GOI) initiates various programs and policies to bring about change in the economic situation of the country. The factors related to the futuristic approach of various companies must be secured and supported by financial assistance from the government itself. Finance is the main reason that any type of business, whether large […]
Small business loan manager moves away from PPP
Newity, a company set up to buy and manage Paycheck Protection Program loans, always knew it would have to pivot its business model once the PPP business started winding down. He is now launching a national 7(a) small business administration company. The company began building an online lending platform in May – the same month […]
Small Business Management Platform vcita Launches Comprehensive Package for Small Business Owners to Get Paid Easily
SEATTLE, WA / ACCESSWIRE / January 5, 2021 / Small business management platform vcita announced the launch of its new billing and payment collection management solution. vcita Payments is a single, integrated solution encompassing all the features small, service-oriented businesses need to get paid quickly and easily. The revamped payment management solution integrates advanced automations, […]
Fischer announces expanded eligibility for small business loans
LOUISVILLE, Ky. (WAVE) – The City of Louisville is expanding eligibility for two of its business loan programs. The board of directors of METCO, which oversees all of the Louisville Metropolitan Government’s small business loan programs, has approved the expansion of the business accelerator and commercial renovation loan programs – the Accelerator Loan d Jefferson […]
Wichita to expand underprivileged small business loan program
Downtown Wichita skyline with the Arkansas River in the foreground. (September 27, 2021) Jaime Green The Wichita Eagle A $ 100,000 donation from Intrust Bank will allow the city of Wichita to expand its microcredit program for disadvantaged entrepreneurs into a city-wide initiative in 2022. The program was rolled out in May with a strong […]
FSE appointed to manage business loan funds
X Sign up for free to receive the latest news straight to your inbox Register Finance Yorkshire has appointed The FSE Group to manage two streams of investment in corporate loans. The appointment follows the announcement of a new fund from Finance Yorkshire to support business growth in the region. Investments are available for eligible […]
Top 10 Business Loan Programs For Women Entrepreneurs In India
Top 10 Business Loan Programs For Women Entrepreneurs In India Do you own a business as a woman? Would you like to finance the start-up or expansion of your business with a business loan? Read this article to learn more about the business loan programs for women offered by various financial institutions. Women entrepreneurs primarily […]
How Long Can You Get A Business Loan?
Whether you are an established business borrowing for growth, a new business looking for seed funding, your main concern when borrowing money is probably, “Can I afford it?” The repayment period will be a major factor in determining your payment amount, and you might also be wondering how long you can get a business loan […]
GBC Secures Small Business Loan – The Daily Reporter
GREENFIELD – Greenfield Banking Company was named Indiana Small Business Lender of the Year for 2021. The award was presented by the Indiana Statewide Certified Development Corporation and is for loans made by GBC to small business owners using the US Small Business Administration’s 504 loan program. Christy Smith and Laura Nance are the GBC […]
New legislation would simplify the EIDL loan application process for small businesses
The Streamlining EIDL Act is a bipartisan bill introduced in the United States Senate to improve the Economic Disaster Lending (EIDL) application process as well as to combat program fraud. The goal is to simplify the process so that small businesses can get their requests answered quickly and efficiently. New legislation would simplify the EIDL […]
Fitness business management software market segmentation, analysis by recent trends, development and growth by regions to 2026
The latest research report on Fitness Business Management Software Market enlightens the reader on all the crucial aspects that influence the growth trajectory of the industry and helps to make the right decisions for the future. It compares the past and current business scenario and highlights recent developments in the vertical. Moreover, it gives a […]
Risch, Hickenlooper Introduce Bill to Improve Small Business Loan Program – News Releases
WASHINGTON – Today, U.S. Senators Jim Risch (R-Idaho) and John Hickenlooper (D-Colo.) Introduced the bipartisan EIDL Streamlining Act to improve the economic disaster loan (EIDL) application process for small businesses and fight programmatic fraud. The legislation will require the Small Business Administration (SBA) to provide timely and meaningful responses to small business applicants and submit […]
Norwalk to launch small business loan program with ARPA funds
NORWALK – An interest-free small business loan program, funded with American Rescue Plan Act money, is scheduled to begin in Norwalk this spring. The program, in partnership with the crowdfunding platform Kiva and the National League of Cities, will provide loans ranging from $ 1,000 to $ 15,000 to local small businesses. The Common Council’s […]
5 problems preventing you from getting a small business loan – Forbes Advisor
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. When a lender turns down your small business loan application, it can be overwhelming. Yet, if you are in this situation, you are far from alone. There are nearly 32 million small […]
Covid scammers took billions from taxpayers by operating an emergency business loan program
The Bounce Back loan program has helped millions of businesses survive the pandemic – but has also been exploited by criminals. The anti-fraud activity for the £ 47 billion Bounce Back loan program has been implemented too slowly to be effective and the continued activity to limit taxpayer exposure to fraudulent loans is insufficient, found […]
CBA offers zero rate business loan for the holidays
The Commonwealth Bank of Australia (CBA) is offering a zero rate business loan to help reopen small businesses over the Christmas season. Mike Vacy-Lyle, head of corporate banking at CBA, said small businesses were looking to take advantage of pent-up consumer demand. However, a number of them find it difficult to restock and rehire due […]
Cara CU joins the Brexit business loan initiative
Cara Credit Union has been authorized to participate in the government’s new Brexit Impact Loan Scheme (BILS) for Irish businesses, which is managed by the state-owned Strategic Banking Corporation of Ireland (SBCI). ara – which has branches in Tralee, Castleisland, Killorglin, Ballyduff and Causeway – is part of a group of five major credit unions, […]
Seattle couple indicted on COVID business loan fraud charges
A Seattle couple have been charged with committing more than $ 1 million in fraud on Covid-19 relief programs. Brian Sparks, 40, and Autumn Luna, 22, are indicted in a 16-count indictment of defrauding the Washington State Job Security Division (ESD) of over $ 500,000 in benefits and defrauding the Small Business Administration (SBA) of […]
Disha Consultancy: a dedicated service for business management and tax advice
ABP Digital Brand Studio | Posted on 11.16.21, 9:26 PM Every business, regardless of size, needs to be in control of its finances to generate optimal returns. The work does not stop with asset development but also involves careful management and selling if necessary. In addition, in today’s competitive market, business management allows companies to […]
3 tips to help you get your first small business loan – Forbes Advisor INDIA
With over 60 million small businesses, India’s micro-small and medium-sized enterprises (MSMEs) sector not only accounts for a significant portion of the country’s economy, but also employs a significant portion of the population and supports millions of people. households. Despite the huge contributions of the MSME sector to India’s national GDP and exports, the World […]
Finding Capital to Look For If Banks Deny Your Small Business Loan Application – Rohit Arora.
Non-bank lenders have reappeared as a viable source of capital for small business owners, including women-owned businesses, as they generally tend to focus less on credit scores and more on the financial health of the business. borrower looking for financing. Access to formal finance is a key constraint for the growth of small businesses in […]
U.S. banks relax standards for online payday loans
The pandemic and the lockdowns that followed slowed economic developments in many countries around the world. The United States has not become an exception. The national government is currently facing a surplus. Meanwhile, average people and small businesses are facing their financial challenges. As a result, urgent measures had to be taken. US banks have […]
Business loan from a direct lender
It is difficult for most small business owners to obtain commercial loans from financial institutions, such as banks. In fact, many traditional lenders no longer provide small business loans. As a result, it is becoming increasingly difficult for small business owners to obtain funds from traditional lenders. Fortunately, small business owners can still get business […]
Economic recovery fuels sharp increase in demand for UAE business loans
Respondents to the UAE Central Bank’s credit sentiment survey expected credit standards to tighten, but to a lesser extent for December. The image is used for illustration purposes only. Image Credit: Provided Dubai: UAE credit demand on the rise, according to the Third Quarter Credit Sentiment Survey, a survey of key banking sector lenders by […]
New-Age Financing Options for Taking a Business Loan – Forbes Advisor INDIA
The 6.33 crore of micro, small and medium enterprises (MSMEs) that are spread across the Indian landscape is the real engine that can propel the economy ahead of any other economy in the world. Our consumption and production capacities are unmatched provided we receive the right credit impulse from the banking ecosystem. However, small MSMEs […]
For as little as ₦ 1000, business management startup, BIZ301, wants to help you automate your business • Techpoint Africa
In March 2020, as the coronavirus swept through cities and triggered lockdowns in many countries, Toyin Akintayo asked himself, “What can give small businesses an advantage over larger ones?” ” Why small businesses? For Akintayo, the idea of ââworking with small and medium-sized enterprises (SMEs) stems from his two decades of running small businesses. While […]
7 steps to getting a business loan
A business loan can help you start or grow your business, but navigating the lending process, along with stricter lending standards, can be daunting. Break it down into manageable steps – from understanding qualifications to finding lenders and knowing how to apply for a small business loan – can help you get the financing your […]
Rising small business loan approval rates at all financial institutions
Small business loan approval rates at large banks fell from 13.9% in August 2021 to 14% in September. Small bank approvals also fell from 19.3% in August to 19.5% in September. The data comes from the latest Biz2Credit Small Business Lending Index. Biz2Credit Small Business Loan Index – September 2021 The increase in loan approval […]
Legacy Redevelopment Corporation Opens Office in Racine and Offers Small Business Loan Program | Local News I Racine County Eye
Legacy Redevelopment Corporation (LRC), a U.S. Treasury-certified community development financial institution (CDFI) that has been providing strategic lending solutions to underserved Milwaukee markets since 2003, now provides financial assistance to struggling Racine small businesses. The organization has partnered with the town of Racine to manage a new microenterprise assistance program that provides loans to businesses […]
First COVID small business loan scammer convicted
The Rhode Island District Attorney’s Office has successfully prosecuted and convicted the first person accused of fraudulently applying for and receiving COVID relief business loans. David Adler Staveley was sentenced to 56 months in federal prison by US District Court Judge Mary S. McElroy. Staveley will follow the sentence with 3 years of federal supervised […]
Man Sentenced in COVID-19 Relief Business Loan Fraud
Barstool Sports Raises Millions to Help Small Businesses During Pandemic Barstool Sports Founder Dave Portnoy launched a fundraising campaign with the 30 Day Nonprofit Fund for Small Businesses Affected by COVID-19 called “The Barstool Fund, contributing $ 500,000 of his own money. to the effort. A man who faked suicide and fled to avoid prosecution […]
NeoGrowth announces carnival of business loans
Listen to this article NeoGrowth, the leading digital lender serving small businesses, recently announced the launch of the âBusiness Loan Carnivalâ for MSME clients as part of its D2C initiatives. Currently underway in Mumbai, Bengaluru, Hyderabad and New Delhi, the Business Loan Carnival is held in October and November. The company has simplified and digitized […]
Ecobank expands its corporate account offering
Ecobank said it has combined its account solutions to commercial bank customers to provide a one-stop complete package at the time of account opening that will facilitate account relationships for customers and future customers. In a statement released Friday, the bank said the package called “The Business Account” would offer a combination of a business […]
How to Grow Your Small Business Today with a Business Loan
The number of small and medium-sized businesses has increased in recent years. In terms of popularity and economic importance, they have shown promising growth. In addition to this growth, there was also an increase in competition. Today, more and more small and medium-sized businesses are using new strategies to differentiate themselves from their competitors. A […]
Grow your business with Ziploan’s fast business loan
New Delhi, Delhi, India: Maintaining the competitive advantage through expansion is vital for small businesses. According to a recent survey, 82% of small businesses are stranded due to low working capital, while 55% of small business owners said maintaining cash flow is the biggest challenge for growth of their business. The right small business loan […]
Bankable Launches Black Owned Business Loan Fund – WISH-TV | Indianapolis News | Indiana weather
by: Alex Brown, Inside INdiana Business Posted: Sep 21, 2021 / 11:53 a.m. EST / Update: Sep 21, 2021 / 12:09 PM EST ANDERSON, Ind. (Inside INdiana Business) – Anderson-based Bankable launched Indiana’s black-owned business loan fund. The nonprofit community development financial institution says the fund aims to reduce the wealth gap between white and […]
Special Alert: CFPB Proposes Small Business Loan Data Collection Scheme
More than a decade ago, Congress enacted an amendment to the Equal Credit Opportunity Act that ordered the Consumer Financial Protection Bureau to implement a new small business loan data collection regime similar to the regime that exists in the mortgage industry. Last week, a month before a court-imposed deadline, the Bureau released its long-awaited […]
How to apply for a PPP or a small business loan
If your business is in need of financial assistance, the government, through the Small Business Administration (SBA), offers financing options by partnering with third-party lenders. These lenders include local banks, finance trusts, and Certified Development Corporations (CDCs). Popular small business loan options include a Paycheck Protection Program (P3) loan and a small business loan. If […]
indifi small business commercial loan
Thank you for following us and loving us: Indifi Small Business Loan – We bring you all the information about Indifi Small Business Business Loan in partnership with Facebook India. Recently, Facebook India partnered with indifi to provide commercial loans from Rs.5 Lakh to Rs.50 Lakh to small businesses subject to certain conditions. Business loans […]
Facebook Announces “Small Business Lending Initiative” to Help Indian SMEs Get Easy Loans
Facebook, a business that started out as a way for Mark Zuckerberg to make friends, has grown into one of the largest conglomerates this planet has ever seen, reaching a trillion dollars (it is with a t) valuation this year. However, just like any other tech company, they want to transform into a fintech company, […]
Why Ntisa is the best business management tool for SMEs – Ifeanyi Amah – Nairametrics
Running a business is hard enough. It’s even worse if it’s a small, unstructured business with no good management of sales, inventory, accounts, and all the other goodies. But maybe if all of these things could be handled in one application, the entrepreneur could focus on the critical parts of the business. NTISA Business Solutions […]
Business account provider Tide to enter India
UK based FinTech Tidewhich serves small and medium enterprises (SMEs), is set to enter the Indian market with an investment commitment of $100 million, CNBCTV18 reported. Over 200 staff members are currently working for the company in India. According to the report, Tide said it chose India as its top overseas market due to the […]
Chalice Network Partners With Marketing 360® To Provide Members With Powerful Business Management And Marketing Software
âThe partnership with Marketing 360 is a game-changer for Chalice and our members. “ MELBOURNE, Florida (PRWEB) June 23, 2021 Chalice Network today announced a new partnership with Marketing 360®. This partnership will allow members of the Chalice network to harness the power of the Marketing 360 platform. âWe are really excited to partner with […]
Government Announces Extension of Canada Business Emergency Account to Help Small Businesses
BRITISH COLUMBIA – New Canada Emergency Business Account (CEBA) applications are extended from March 31 to June 30, 2021, the Ministry of Finance and the Minister of Small Business, Export Promotion and International Trade recently announced. This time extension applies to all new requests for a CEBA loan of $ 60,000 or to new requests […]
Business account frozen due to potential fraud, SBA says
âDid I feel insulted? Yeah, because I always feel like the little guy gets the handle first, âKraemer said. NEW ORLEANS – As the small business administration tries to root out fraud in the hundreds of billions of dollars it approved for emergency loans during the pandemic, a local business owner voices frustration recent experience […]
Modulr will fund Intuit’s new QuickBooks business account
Modulr will fund Intuit’s new QuickBooks business account By Megha Bhattacharya Payment as a service platform Modulr today announced that it has partnered with Intuit QuickBooks to power its new QuickBooks business account, a new digital payment account designed specifically for small businesses. The collaboration is expected to allow QuickBooks to combine a business account […]
QuickBooks Launches All-New Business Account
QuickBooks, the specialist in tax and accounting software is launching a new digital payment account for small business owners. The QuickBooks business account will be powered by the fintech Modulr of payments as a service, enabling QuickBooks to offer a one-stop-shop solution that benefits from the latter’s payments infrastructure and leverages its expertise in digital […]
CFIB: Expansion of Canada’s Emergency Business Account
BRITISH COLUMBIA – The Canadian Federation of Independent Business (CFIB) is pleased that the Government of Canada has finally fulfilled its commitment to expand the Canada Emergency Account for Businesses (CEBA) by an additional $ 20,000. The supplemental loan is now available for business owners who had previously received the original loan of $ 40,000 […]
Trudeau announces expansion of emergency account for businesses in Canada
Prime Minister Justin Trudeau announced the expansion of the Canada Emergency Business Account to provide support to small businesses during COVID-19. At a press conference on Friday, Trudeau said eligible businesses will now be able to access a second loan under the CEBA, if they need additional support. Originally launched in April 2020, CEBA offers […]
Virgin Money creates digital business account with partnership with Glasgow IT provider
Virgin Money has announced a strategic IT partnership with Glasgow-based Redspire to support the development of its digital proposition for its new business current account. Redspire’s Customer Engagement and Intelligence Platform will help develop new digital solutions as part of Virgin Money’s pledge to the recent £ 35million prize from the Banking Competition Remedies Capability […]
Should you get a business Instagram account?
If you use the Instagram app for your business, you might be wondering if it’s worth creating a business account or if a personal account will cut it off. And while a personal account can work very well for some businesses, Instagram has created business accounts with several key features that make it easier to […]
Mayor Victorino announces $ 1 million small business mortgage and rent relief program
Maui Mayor Michael Victorino. PO Box: Maui County / Brian Perry Mayor Michael Victorino on Wednesday announced the launch of a $ 1 million direct payment program for mortgages and small business relief to provide a lifeline for businesses struggling to survive the impacts of COVID- 19. Maui County partners with the Maui Chamber of […]
Metro Bank launches new online business account path for SMEs
Metro Bank launches new online business account path for SMEs By Megha Bhattacharya Metro Bank announced today that it has launched a new online business account (BAO) journey for SMB customers. The new development should allow new customers to open a business account on their mobile or online coupled with identification, verification checks and approval. […]
Canada Emergency Business Account FAQ – Coronavirus (COVID-19)
To print this article, simply register or connect to Mondaq.com. What is CEBA CEBA is a $ 55 billion program that provides interest-free loans of up to $ 40,000 to small and non-profit businesses. The borrowed funds are to help cover operating costs during a period when revenues have been temporarily reduced. The loan will […]
Monzo professional account – what’s on offer?
Monzo, who has become a current account favorite over the past five years, has launched a new business offering with built-in accounting and free overseas spending. There are two products to choose from: Business Lite, which has no monthly fees, or Business Pro, which is one of the cheapest business bank accounts available today, at […]
Wave Expands into Banking Industry with New Small Business Account and New Debit Card
Toronto-based Wave Financial, which has developed a financial planning platform for small business owners, is launching a small business bank account solution called Wave Money. Part of the new offer includes a business bank account and a debit card. âWe are turning the banking industry upside down with the introduction of Wave Money, a one-of-a-kind […]
Shopify will offer a business account, card and rewards program with the new Shopify balance
Canadian e-commerce giant Shopify has broadened its financial services offering with the launch of Shopify Balance, a banking product for small businesses. Shopify Balance is made up of three products, a bank account, a card, and a rewards program for Shopify merchants. According to Shopify, the idea behind the new offering is to provide financial […]
Expanded eligibility criteria for the Canada Emergency Business Account
May 19, 2020By Bob Peters Cornwall Ontario – The Government of Canada announced the expansion of eligibility criteria for the Canada Emergency Business Account (CEBA) to include many small, owner-operated businesses. This extended measure will help small businesses protect the jobs Canadians rely on. “Canadians are counting on us to protect their jobs and help […]
Federal Authorities Eliminate Minimum Payroll Requirements to Access Canada’s Emergency Business Account
Herald file photo. Businesses with no payroll may now be eligible for a Canada Business Emergency Account (CEBA) loan after the federal government expanded the eligibility criteria on Monday. The ruling affects business owners who are self-employed or sole proprietors, family businesses who pay their employees through dividends, and owners who only employ contractors. Prime […]
Meridian Launches Digital Application Process for New Canada Emergency Loans for Businesses Program
Members are encouraged to register online now TORONTO, April 9, 2020 / CNW / – Meridian, from Canada second largest credit union and largest in Ontario, throw it Canada Emergency Business Account Loan Program (CEBA) with a secure digital solution available to eligible members. The CEBA loan program is part of the federal government program […]