A merchant cash advance (also known as a business cash advance) is one of many alternatives available to small business owners in need of capital quickly. But what exactly is a merchant cash..
The Lendified Blog
We’ve all heard the sayings about “mixing business with pleasure,” warning that business and personal matters could be a risky combination. This is especially true when it comes to finances.
The restaurant industry has a reputation for being a tough but exciting one to work in – this is especially true for the small business owners behind it. In addition to a passion for food and..
P2P Lending: Is a Peer-to-Peer Loan Right for Your Business?
P2P (short for peer-to-peer) lending refers to a model that connects investors with borrowers – both individuals and businesses – via..
Do you need equipment for your business? Whether you need new equipment to take advantage of an opportunity or to replace broken or obsolete equipment, it is important to understand the options..
The Ontario Securities Commission (OSC) has once again shown its commitment to modernizing regulation by creating a Fintech Advisory Committee. On Thursday the inaugural members were released,..
Your small business credit score is important. Credit bureaus begin collecting information about your business from day one, using this data to generate reports that impact your ability to get..
At Lendified, we are often asked what our loans can be used for. This is understandable since some forms of small business financing in Canada come with restrictions. However, we allow you to put..
A merchant cash advance is a lump-sum amount given to a business in exchange for a daily percentage of credit card and/or debit card sales. It is common for merchant cash advance companies to work..