Ontario has the largest small-business economy in the country. The federal government's Key Small Business Statistics counted 410,154 small-employer businesses here as of December 2024. Not to mention the province holds close to 40 percent of...
British Columbia has one of the highest numbers of small businesses per person in Canada, according to the provincial Small Business Profile. And these businesses are not alike. For example, the coast leans on tech and...
If your business is sitting on unpaid invoices while payroll is due on Friday, factoring can turn those invoices into cash within a day or two. The question is never really what invoice factoring is. You...
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...