If you run a retail business in Canada, you understand all too well that it often means paying for tomorrow's sales with today’s money. After all, you order holiday stock months in advance, pay suppliers before...
What many don’t realize is that a considerable portion of Canadian construction businesses utilize construction business financing in Canada. In fact, more than 25% of loans in certain programs extend to residential construction. During the pandemic,...
Are you looking into how to scale a small business in Canada, but you’re unsure where to start? Fear not. Today's guide by Bizfund should give you a better idea of the process of scaling a...
Your working capital is the heartbeat of your business. It is the difference between being able to pay suppliers on time and having to delay an order. It's also what decides whether one business can take...
Shockingly, about 60% of small and medium-sized Canadian businesses experience cash flow management challenges, often resulting in gaps of at least 15 days. Additionally, up to 82% of small-business failures in the country can be attributed...
Unfortunately, statistics show that Canadian businesses are struggling with high debt levels from the pandemic. Many companies in the transportation sector and construction industry seem to be hit the hardest by missed payments driven by high...