Canadian businesses are having very different conversations about collateral than they did a decade ago, likely because of the shifting nature of business. For example, traditional brick-and-mortar businesses often have ovens, vehicles, and other assets a...
The global invoice factoring market was valued at more than USD $3.5 trillion in national receivable volume between 2022 and 2024. Considering this astronomical figure, it isn’t a huge leap to conclude that many companies in...
In Canada, many businesses still turn to their banks first when they need funding, and this makes sense. After all, it feels like the more familiar and responsible choice, but it's not the only option. In...
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...