Archive for July 2024
Game On: Toy Distributor Lands $900,000 Finance
We are pleased to announce that a leading toy distributor has secured $900,000 in funding. This funding package includes a $750,000 Accounts Receivable (AR) facility and a $150,000 inventory facility. The toy distributor sought funds due to not meeting the incumbent lender’s funding minimum and facing historical losses. The funding will be utilized for additional…
Read MoreCanadian Labour Market Stalls: A Concern for Businesses?
In June 2024, the Canadian labour market witnessed a surprising development with the loss of 1,400 jobs, marking a rare contraction to a trend of adding to the number of employed since around February 2023.. This minor but significant decline has raised concerns among Canadian businesses, entrepreneurs and policymakers, signaling potential shifts in the economic…
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