An Open Letter by our Head of Wealth Management, Reza Jafer, CFA It should be no surprise that we’ve been receiving several calls from investors asking about the potential impacts of Coronavirus on their Lending Loop portfolios. So I wanted to share some of my thoughts about the current state of the market. For starters, … Public vs Private Markets During Times of Unrest Read More » The post Public vs Private Markets During Times of Unrest appeared first on In the Loop ..read more

Have you heard of the saying “execution is more important than planning”? Well, it’s a saying that rings true with most entrepreneurs. It’s the idea that a grade A plan that is carried out poorly will never succeed the way a mediocre plan will succeed if executed well. So, when you’re executing your business strategy, … How to Open a Business Account in Canada Read More » The post How to Open a Business Account in Canada appeared first on In the Loop ..read more

Overview The picture above is a quick snap-shot of where Canadian businesses can go to get loans to support their continued growth. From left to right we can measure how quickly businesses can access financing, from month-long processes down to funding in a few days or even hours. And from the bottom up, we measure … Investor Education: Why Businesses are Turning to Lending Loop to Support their Growth Read More » The post Investor Education: Why Businesses are Turning to Lending Loop to Support their Growth appeared first on In the Loop ..read more

As a small business owner, you should have two different types of credit scores. There is your personal credit score and then there is your business credit score. The two are completely separate and should remain that way. While a personal credit score is a reflection of your creditworthiness, your business credit score is a … How to Read Your Equifax Business Credit Report Read More » The post How to Read Your Equifax Business Credit Report appeared first on In the Loop ..read more

If you’ve finally decided to take the next step and open up a restaurant of your own, you’ve probably been faced with the question, where do I start? Maybe it’s always been your dream but you’ve been too afraid to go through with it. After all, opening a restaurant is challenging work. However, there are … 5 Things to Consider Before Opening A Restaurant Read More » The post 5 Things to Consider Before Opening A Restaurant appeared first on In the Loop ..read more

Your credit score is undoubtedly the most important part of your financial profile. It is widely used to determine some financial factors in your life, such as leasing a vehicle or qualifying for a mortgage. On the business side of things, your business credit score determines whether or not you’re creditworthiness enough to qualify for … What is a Good Credit Score in Canada? Read More » The post What is a Good Credit Score in Canada? appeared first on In the Loop ..read more

If you have been denied for business financing before, don’t worry. Most Canadians who apply for a small business loan get rejected for various different reasons. One of the main reasons is having bad business or personal credit scores. It’s never too late to start building business credit if you haven’t taken the appropriate steps … 8 Ways to Start Building Business Credit Read More » The post 8 Ways to Start Building Business Credit appeared first on In the Loop ..read more

Both your personal and business credit scores matter in a number of ways. When you apply for a loan, financial institutions will check your credit scores and decide whether or not you’re creditworthy enough to repay the loan on time.  Your business credit score might look different based on which credit bureau (Equifax or TransUnion) … 5 Factors That Affect Your Credit Score the Most Read More » The post 5 Factors That Affect Your Credit Score the Most appeared first on In the Loop ..read more

One of the most important aspects of running a small business is establishing a reputation with strong business credit. In addition, having strong business credit will help you get access to financing easier, and manage business risk and cash flow.  Having said that, obtaining business credit is easier said than done – especially for new … How to Build and Establish Business Credit in Canada Read More » The post How to Build and Establish Business Credit in Canada appeared first on In the Loop ..read more

Thousands of Canadians access their credit report and check their score to make sure they’re in good financial standing. Some people, however, don’t see a three-digit number but a zero credit score. How is this possible? Is this even a thing? There are many reasons as to why someone may not have a credit score. … Zero Credit Score — What Now? Read More » The post Zero Credit Score — What Now? appeared first on In the Loop ..read more