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 […]
Lease or buy? This is a crossroads that every Canadian business owner will face at some point. There is no one right answer; it depends on how much cash you want to have on hand and where your business is going in the next few years. This is what you need to consider before you […]
Funding is the key to a business’s growth. This guide will help you understand what commercial and equipment financing is and how it can help your business without impacting cash flow. What is commercial financing? Commercial financing offers businesses the capital they need to cover operating expenses, equipment, expansion, inventory, and long-term growth, all in […]
It’s not easy to run a business that needs heavy machinery. Your machinery is the most important part of everything you do, whether you work in construction, transportation, mining, or manufacturing. And it costs money to keep that machinery up to date, working, and able to do the job. Money that is real. That’s exactly […]
Buying a piece of heavy construction machinery outright is not something most Canadian business owners can just do without thinking twice. A mid-range excavator runs anywhere from $80,000 to $250,000. A crane? Much more. And that’s just one machine. So when a project lands on your desk and you need the equipment to deliver it […]
We see a pattern every day. The business owner is aware that they require funding for a new location, perhaps to set up a second business, take on a larger contract, purchase equipment or simply stabilise cash flow during a slow period. They try to apply. Then they face problems, delays or requests to obtain […]
Leasing equipment in Canada has grown to be one of the best financial decisions that small or mid-sized companies can make. This is not because leasing is more affordable than buying, but rather because it allows working capital to remain in the right place: within the company, not wrapped to depreciating assets on the balance […]