Small businesses are the backbone of most economies, and they are essential for economic growth and job creation. One of the biggest challenges that small businesses face is securing financing to help them grow and expand. While traditional bank loans are a common source of funding for small businesses, other options are worth exploring, such as using a private lender for business loans, equipment financing, and invoice factoring. Ottawa Consultants have these services available to small businesses not only in Ottawa but across Ontario, Canada and the United States.
Through our partners, Ottawa Consultants can offer small to medium-sized businesses loans. We are able to offer invoice factoring where small businesses can have outstanding invoices 95% paid in a matter of days as opposed to sixty to ninety days. Through our partners, we can offer small to medium-sized businesses lease buy-backs. We offer point-of-sale/payment services as well as offering commercial leasing loans, purchase order financing and more.
Here is a list of some of the services we offer:
Benefits Of Using Ottawa Consultants For Your Small Business Financing Needs
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Quick access to funds: Ottawa Consultants' lending partners typically have a faster turnaround time for the loan application process compared to traditional banks. This means that a small business can have quick access to the funds they need to grow their business.
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Flexibility: Ottawa Consultants' lending partners are often more flexible when it comes to the types of loans they offer and the terms of the loans. This means that small businesses may be able to find a loan that fits their unique needs and financial situation.
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Less stringent requirements: Ottawa Consultants' lending partners may be willing to work with businesses that have less than perfect credit or do not meet traditional bank loan requirements. This can be beneficial for small businesses that may have difficulty securing loans through traditional means.
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Business growth: The primary reason a small business should use Ottawa Consultants' lending partners is to grow their business. Whether it be expanding operations, investing in new equipment or inventory, or hiring additional staff, private finance lending can provide the funds necessary to achieve these goals.
Equipment Financing For Business Or Your Clients
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Increased Sales: By offering financing options, businesses can make their products more accessible to customers who may not have the upfront cash to make a purchase outright. This can increase sales and revenue for the business.
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Customer Loyalty: Offering lease-to-own options can create a sense of loyalty between the customer and the business. Customers are more likely to return to the business for future purchases, and they may also refer others to the business.
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Reduced Financial Risk: Unlike traditional loans, lease-to-own financing allows businesses to transfer the risk of equipment ownership to the customer. This reduces the financial risk to the business and allows them to focus on other aspects of their operations.
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Tax Benefits: Leasing equipment can provide tax benefits to businesses. Lease payments may be tax-deductible, and businesses may be able to claim equipment depreciation on their taxes.
Book Your Complimentary Financing Consultation Today
We offer a complimentary 30-minute introductory session. Don't hesitate to contact us to book yours today at info@ottawaconsultants.com or by calling 613-704-2866. You are also welcome to visit our "Contact Us" page and fill out the form. Someone will get back to you within twenty-four hours.
