There is a lot of confusion surrounding the merchant cash advance industry here in Canada. We’d like to take the opportunity to delve into this exciting and innovative option for small businesses interested in an alternative to a traditional small business loan.
Having started some 14 businesses over the years, some more successful than others, we know it takes more than just hard work to grow your business – it also takes capital. Many small businesses are “unsuitable” candidates for traditional financing. Fair or not, they make the rules and if you want to be a player in their game you’re going to have to not only follow them, but also be eligible to. We’ve jumped through those hoops and saw a need for a faster and easier solution.
Rather than providing a “loan” Company Capital provides an alternative. By purchasing a small percentage of your businesses future credit and debit card sales, at a discounted rate, you have the freedom to focus on growing your investment. Whether you want to take advantage of the summer season by investing in a patio, upgrade your restaurant’s kitchen or purchase inventory, Company Capital gives small and medium sized business owners the working capital they need to not only cover sudden expenses, disruptions in services and stabilize cash flow during emergencies but also to take advantage of opportunities.