Borrowing money from a bank can be stressful, time consuming, and in most cases unsuccessful. That’s why you need Money Consultants. We are experts in getting your financing application completed correctly and to the right people at the bank.
We can help you apply for loans up to $1,000,000 through Chartered Banks. This money can be used for your next big startup, equipment purchases, or for major business improvements.
Best of all, you don’t pay us unless you get approved. Unlike an accountant or other financial services provider, our fees are based only on success. You only pay us when the bank approves your application.
Cash flow is the life line for all business small or big. If your business is growing faster then your current financing can handle then factoring might be the solution to your cash flow needs.
All businesses selling to large creditworthy companies must provide terms of 30, 60 or even 90 days. By providing these terms some companies run into cash flow problems.
With over 20 years in factoring accounts receivable, Money Consultants will review your accounts receivable to determine which factoring company would be best for your business. You can factor from $10,000 - $5 million in receivables per month in either or both Canadian or US dollars.
To learn more about how factoring can provide a solution to your cash flow needs and help grow your company contact Money Consultants.
From computers to furniture,vehicles to machines, leasing makes sense. Lower outlay of cash, better tax breaks, and never getting stuck with depreciating assets are what makes leasing so attractive to businesses.
Depending on the credit history of your business and the kind of equipment you need, you can qualify for a lease covering 25% up to 100% of the purchase price.
Money Consultants can provide creative leasing solutions, get you approved and get you the new equipment your company needs.
SR&ED is the Federal Government’s Scientific Research and Experimental Development tax incentive program. If your business produces or creates any new, improved or technological advance in products or processes in Canada, you may be eligible for a cash refund or tax credit.
The challenge for many businesses is completing the application. Like most government agencies’ funding programs, applicants must meet certain criteria and correctly complete the application process.
While accountants and financial services providers charge a fee to assist with the application process, Money Consultants does it for FREE. You only pay us if your application gets approved. We have years of successful experience securing SR&ED funds for clients, including tax credits for wages, materials, equipment, even overhead.
Business Development Bank of Canada (BDC) provides a number of financing programs catered to the entrepreneur. These include venture capital, leases, long-term and subordinate financing.
But like the big, commercial banks, the loan process can be complex and drawn out. If your application, business plan, and other paperwork aren’t perfect, your loan will get rejected and may stay rejected.
Money Consultants has extensive experience preparing applications exactly the way the BDC wants them – and we won’t charge unless your financing comes through.