Author: Marc Ovadia

A financing offer can appear affordable when the payment is viewed on its own. The more useful question is whether the complete obligation fits the business. Owners need to understand the total amount they will repay, how often payments will leave the account, which fees or conditions apply and whether the financed investment is likely to produce value before the obligation ends. This review matters for Canadian small businesses because cash flow can vary by season, customer payment cycle and industry. A manageable payment during a strong month may place pressure on payroll, inventory purchases or tax remittances during a…