Category: Business Financing Services

In today's competitive business landscape, entrepreneurs face numerous challenges when it comes to managing their finances. One critical dilemma they often encounter is whether to use personal savings for business expenses. While it may seem like a convenient solution, there are several reasons why relying solely on personal savings can be a disadvantageous choice for business owners.

The Canada Emergency Business Account (CEBA) has been a lifeline for many, offering interest-free loans up to $60,000. With nearly $50 billion distributed, it’s crucial to understand the terms for loan forgiveness before the fast-approaching deadline on January 18, 2024.

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