Canadian small businesses are faced with the problem of funding. There are more than adequate banks to serve the loan needs of all Canadian small businesses. Likewise, there are lots of loan products to choose from including credits, fixed loans and variety of products and services. However, the major challenge that still remains is that some of the businesses are grappling with the way banks reason so that they would not find themselves in trouble in the long term.

1. Bank Financing and Other Alternative Sources
of Funding in Canada
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2. Canadian banks are ranked top in the world.
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3. Funding remains the problem of small
businesses.
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4. Traditional loans are a rigorous procedure.
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5. Your sales record can get you loan.
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6. Banks often judge a business by the character
of the owner or management.
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7. Alternative loans should be considered if
traditional loans fail.
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8. Interest rates are always a source of worry to
small businesses.
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9. Asset based lenders cannot lend more than
the asset of the business’ worth.
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10. Loans are often named after their
requirement.
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11. Seek expert advice before committing to any
loan.
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12. Read the full article:
https://businessloans.wordchapter.com/bank-
financing-and-other-alternative-sources-of-
funding-in-canada/
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