Running a small business – under any circumstances – is an exercise in cash flow management. But for those small companies that need help with day-to-day working capital, financing for a new venture, or funds to cover unexpected costs, sourcing a convenient and reliable small business line of credit is critical. While there are many different types of business funding out there, commercial or a business credit line are among the most useful as they provide a flexible and affordable form of financing. With credit approval, a small business can access the funds they need to thrive.
At Smarter Loans have compiled a list of some of Canada’s most reputable business lenders, so you can compare their business lines of credit offerings. Click on any of the company names to learn more about them, and read on to learn everything you need to know about a line of credit and how they can help your small business manage its cash flow. A business lines of credit is a flexible financing option that can be used to cover short-term expenses and maintain a steady business cash flow.