A common challenge faced by small business owners in Canada is the inability to access the funding they need. When considering financing options, business grants are often sought after, primarily because they do not need to be repaid. In this blog, we will explore a few of the most widely accessible small business grants and government-run initiatives in Canada, as well as providing additional resources to find funding for your business. Canada Small Business Financing Program (CSBFP) Although not a grant in the traditional sense, the Canada Small Business Financing Program (CSBFP) is a govern ..read more

As the most populated province in Canada, Ontario is also home to the highest number of entrepreneurs, with almost 450,000 small businesses operating across the region. Whether you run a bustling startup in Toronto, a brick and mortar shop in Ottawa, or a family-owned business in any of Ontario’s diverse communities, accessing the right financing is crucial for long-term business success.  Navigating the process of obtaining a small business loan can be daunting, so we’ve broken down your options in this blog. We’ve included which financial institutions can service small business owners ..read more

Small Business Case Study: CN Law Background Transparent and supportive service CN Law* provides a wide array of legal services that cover a variety of field of law, such as family law, commercial law, real estate transactions, criminal law, and more. Additionally, they provide a customized matching service that assist client by pairing them with the right lawyer based on the type of law required as well as the the specifics of the particular case. During the exceptionally difficult times brought on by the pandemic, many businesses were severely affected by restrictions, shutdowns, in addition ..read more

Here at Merchant Growth we care what our customers think. Whether it’s our customer service, how our products have helped small businesses, or areas that we can look to improve. Helping our customers secure growth financing to achieve their goals, and offering the best customer service throughout that process are two important parts of the experience merchants have when dealing with Merchant Growth. Reviews are essential to a business’s reputation. They show the credibility of our operations as well as build trust with companies that have not previously worked with us as well as those that may ..read more

While the pandemic brought about a great deal of uncertainty and stress, in particular for small business owners in Canada, the Canadian Emergency Business Account (CEBA) program provided some relief to restaurants during those exceptionally challenging times. Through this program qualifying businesses could get up to $40,000 in funding, in addition to a $20,000 increase that was later made available, providing a total of up to $60,000 in relief funding to help businesses stay operational. Now that the loan is coming due soon, businesses should strongly consider the incentive offered by the fe ..read more

Your business needs capital to continue to grow, and now you’re investigating your options in order to find the right funding structure for your small business. One of the major points to consider is whether a loan with or without collateral is the best option. Learn more about the differences between an unsecured business loan and a secured business loan and how Merchant Growth can help you with our quick and convenient financing solutions. What is a secured business loan? With a secured business loan, if a borrower defaults, or in other words, cannot pay back the amount of money borrowed, th ..read more

VANCOUVER, BC, Dec. 6, 2023 /CNW/ – Merchant Growth, a leading provider of financing for small businesses, is proud to announce a $300 million forward flow facility provided by funds managed by affiliates of Fortress Investment Group LLC (“Fortress”) with Raymond James serving as the financial advisor to Merchant Growth Ltd. This facility supports Merchant Growth’s plan to refinance thousands of Canada Emergency Business Account (CEBA) loans, enabling small businesses to capitalize on the partial debt forgiveness opportunity offered by the federal government. The Canada Emergency Business Acco ..read more

Small business is a major part of British Columbia, representing 98 percent of all businesses in the province, with approximately one-in-ten British Columbians being entrepreneurs of some kind. With that many businesses who are looking to get access to BC small business loans can feel like an uphill battle, either because you’re not sure where to start, concern over rejection from financial institutions, or not knowing all of the options available to you. Whether you run a business in the city, up in the mountains, or along the coast, getting a business loan in BC doesn’t have to be complicate ..read more

Small Business Case Study: The Moving Store Background Quality, experience, and customer service With over 40 years in operation, The Moving Store have helped tens of thousands of customers in the Greater Toronto Area with all of their moving supply needs. This inlaces everything from boxes, bubble wrap, packing peanuts, and rentals and sales of moving trucks, as well as truck rental. Additionally, they prioritize the use of environmentally responsible products, while also ensuring they have quality items that will stand up to the moving process. Moving is one of the most stressful experiences ..read more

At its core, running a business involves managing your outgoing expenses with the incoming revenue your business generates, your cash flow, and the money your business is left with after that subtraction of all bills and operational costs, your available working capital. As you can see, although the terms are sometimes used interchangeably, cash flow and working capital, while related to each other, are indeed separate financial components. Moreover they are terms that all small businesses need to have a clear understanding of. In this blog we’ll help provide clarity to what is cash flow vs wo ..read more