Merchant capital’ isn’t a standardised name for a single financing product. In many cases, it’s used to describe a merchant cash advance or similar revenue-based financing. Look it up in any lender’s glossary and you’ll find merchant cash advance instead, or sometimes revenue-based financing. In many cases, the terms are being used to describe similar […]
Picture a trucking company with a problem that has nothing to do with demand. Work is steady, invoices go out every week, and none of it matters because the biggest client pays on 60-day terms, while drivers and fuel suppliers need paying weekly. That gap, between doing the work and getting paid for it, is […]
A business owner called a lender last month asking for “a loan to buy a delivery van”. Simple enough request, except the lender came back with two different products that could both technically do the job at two different rates with two very different repayment structures. That mix-up happens constantly, and it’s usually because term […]
Anyone who has gone through a business financing application knows that the rate you see at the start isn’t always the rate you end up with. Fees, variable terms, and repayment conditions can all change the real cost of the financing, especially when your business hits a slower month. Getting a good financing deal isn’t […]
It is likely that you have heard the phrase “commercial financing” used in a bank email or at a networking event. It sounds more expansive and intricate than it is. Fundamentally, it simply refers to funds that a company raises or borrows in order to operate or expand. Refinancing previous debt, expanding into a new […]
At some point every equipment purchase comes down to the same question: take out a new equipment loan and own the thing outright, or lease it and keep your cash free for something else? There’s no single right answer — a delivery van and a CNC machine don’t play by the same rules.At Service Capital, […]
If you’re running a business and need a quick injection of cash without dealing with the endless red tape of a traditional bank, a merchant cash advance could be the perfect fit. At Service Capital, we know that timing is everything when it comes to growing a business. Sometimes you just need capital that is […]
If your bills are due today but your customers take 90 to 120 days to clear their invoices, you do not necessarily need to take on more debt. You just need access to your own money. That is where invoice factoring comes in. Unlike a traditional business loan in Calgary. It is not a debt: […]
Your business is profitable. Orders are coming. And your cash? It’s blocked. Maybe your clients take 110-120 days to pay. Maybe your equipment broke down and you need $60K today, not six months from now. Or maybe you are watching competitors grow because they got new machinery and you’re still waiting to save up. The […]
When your business requires cash quickly, two choices come to mind — a merchant cash advance Canada lenders offer or a business loan from a bank. Both deposited money into your account. However, who is eligible, how they operate, and how much they actually cost are very different. This guide cuts through the hype and […]