Categories

Blogs
Posts By Date
Categories

Featured article

March 30, 2020
Here Is A New Listing That I Just Posted At 3 2220 20 AV NW in Calgary


Here is a new listing that I am happy to post at 3 2220 20 AV NW in Calgary.
Pizza Delivery...
More...

Latest Posts

Rob Campbell - RE/MAX Real Estate (Central) : Blog : Latest Blog Posts

March 30, 2020
Covid 19 Payroll Subsidy Info
For employers, we are getting more detail on the payroll subsidy:
https://www.singleton.com/2020/03/co...
More...
Business Owner Update - Friday March 27, 2020

Business Owner Update - Friday March 27, 2020


Today the Federal Government and Bank of Canada finally...

More...
Here Is A New Listing That I Just Posted At Calgary


Here is a new listing that I am happy to post at Calgary.

Wow! Great profitable pub in...

More...
COVID 19 - The Emerging "Stress Factor"

In talking to many of you this week, the number one emerging issue is stress.   The rapid...

More...
Misura Berteit & Associates - Resources for Businesses during COVID-19

We at Misura Berteit & Associates understand that the events of the last few weeks have left a lot...

More...

Financing

There are a number of options available for individuals looking to purchase a business. The biggest factor that people have to overcome is the amount of cash they have available to them for a down payment. This can be acquired from savings, RRSP's or home equity line of credit (heloc), just to name a few.


Most of the Major chartered banks have a program for small business lending. These programs go by different names depending on the bank. When you are speaking with the bank of your choice, make sure that you are dealing with the Commercial or Business Lending department of the branch. Even though you may have a relationship with the banker who did your mortgage, most of them don’t have the authority to do business lending or the specific knowledge of the types of lending products you will require.


We have some bankers who we have dealt with in the past and we would be happy to recommend someone to you. If you would like to take a few minutes to review some of the links below, you will find some interesting information on financing and the requirements for submitting a successful application.


Here is a list of Resource Links for lending;


SERVUS Credit Union - Small Business Lending & Resources

www.servus.ca

 

Government of Canada - Business grants and financing

www.fin.gc.ca

 

BDC – Buy a business
www.bdc.ca

 

Royal Bank – Starting a Business
www.rbcroyalbank.com

 

TD Canada Trust – Small Business Loan (SBL)
www.tdcanadatrust.com

 

Scotiabank – Business Loans
www.scotiabank.com

 

CIBC – Business Loans and Lines of Credit
www.cibc.com

 

BMO Bank of Montreal – Business Loans
www.bmo.com

 

ATB Financial – Small Business Financing

www.atb.com



Women's Business Ownership Initiatives

These are options specifically for female entrepreneurs to pursue business ownership. 


The Scotiabank Women Initiative

www.scotiabank.com


Alberta Women Entrepreneurs (AWE)

www.awebusiness.com

Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.