If you haven’t heard about the minimum wage hike in Ontario, you haven’t heard about the biggest wage hike in the province’s history. By January 1st 2018, the minimum wage is planned to go up to $14, and by Jan 1, 2019, $15. It’s at $11.40 today, which means over the next 2 years the […]
Welcome to Part 2 of our Small Business Financing in Canada series. Last week we covered Crowd Funding. Another financing source which can help you launch, grow, and scale a business are government grants. Today, we’ll provide an overview of some of the options and important details to keep in mind as you begin your […]
It’s hard to keep track of the many options for financing a business. We often hear business owners and entrepreneurs asking what type of financing is available in Canada – and which one is most suited to their needs? We wanted to help provide some clarity into the options that are out there. The environment […]
At Lending Loop, we're focused on helping Small and Mid-sized Canadian Businesses (SMEs) grow. Small businesses are the backbone of the Canadian economy. In fact, SME’s account for over 99% of the total 1.1 million employer businesses operating in Canada and employ nearly 90% of Canada’s private sector workforce. While running a business can be incredibly [...]
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