Articles

OnDeck Canada Forges a New Path as Journey Capital

[Montreal, April 1, 2024] — OnDeck Canada unveiled a new identity, including a new name, logo, and tagline, as part of an extensive rebranding initiative. Starting today, the company has officially rebranded to Journey Capital. The new identity follows a 2022 management buyout and marks a new chapter for the company as it continues to…

Financial literacy: A key to small business success

Financial literacy is something that’s often overlooked by entrepreneurs and small business owners. Today’s business landscape is more competitive than ever, so understanding the fundamentals of budgeting, cash flow management, and financial planning can make the difference between success and failure. Being financially literate can give you the knowledge you need to make informed decisions,…

7 tips for effectively managing summer temp employees

Summer is in full swing, and for many business owners, this means managing interns and other temporary employees. These workers can present unique challenges due to their limited experience and different motivations compared to year-round staff. As a manager, you know a one-size-fits-all approach doesn’t work, especially with seasonal workers. So, here are seven actionable…

How to benefit from summer tourism in Canada

Summer in Canada is a vibrant time, filled with warm weather, fun festivals, and a surge of tourists eager to explore everything our country offers. For small businesses, this presents a golden opportunity to capitalize on increased foot traffic and boost their revenues. Here are a few strategies small businesses can use to capitalize on…

Discover two new ways to renew funding from your MyPortal account

If you’re a Journey Capital customer, you know about our quick and convenient online financing services. And now, obtaining more funding for your small business has never been easier. We recently launched two all-new ways to get more financing for your business. The first is our Self-Requested Renewals feature, which allows qualifying customers to request additional funding,…

Journey Capital is a Certified™ Great Place To Work®

[Montreal, June 3, 2024] — Journey Capital is thrilled to be recognized as a Certified™ Great Place To Work® for 2024-2025. This illustrious award comes straight from our employees, with 97% saying Journey Capital is a fantastic place to work. Great Place To Work® is a global authority on workplace culture, employee happiness, and leadership…
Small Business owner working in bakery.

How does a Business Line of Credit work?

Does your small business need financing to help keep things moving in the right direction? Whether you’re looking to fund minor renovations or repairs, manage your cash flow, or build your inventory, a Business Line of Credit could be the perfect solution. And unlike other options out there, Journey Capital has the only true Line…

How the 2024 federal budget affects small businesses

Every year, the Canadian government announces its federal budget, which outlines its plans for how it will be spending money. Small businesses should pay close attention, because the new governmental policies and allocations can affect how they operate.  This year, the government is focused on helping small businesses achieve growth and stay competitive. The measures outlined…

Summer 2024: What to expect and how to prepare your small business

Canadian small businesses are currently facing a mixed bag of opportunities and challenges as summer draws near. Despite a strong job market and population growth, consumers are struggling with issues such as high debt and rising mortgage rates, which are limiting their spending power. However, there is hope on the horizon. The Bank of Canada…

Fintech Focus: Small business success with David Souaid

In recent weeks, our CRO David Souaid has been on a tour of podcast interviews, sharing invaluable insights in the world of small business lending, entrepreneurship, the future of fintech, and more. Whether you’re a seasoned entrepreneur or just starting out, these podcasts are packed with practical tips and inspiration to help you reach your…

How to get your small business ready for spring

It’s time for small businesses to shake off the winter blues and prepare for a fresh season of growth and opportunity. Spring brings with it a sense of renewal and rejuvenation, making it the perfect time to review, refresh, and revitalize your strategies. Here are a few tips to get your business ready for the…

Boost your sales with upselling and cross-selling

Getting new customers is crucial to your business, but making the most of your existing customer base is just as important. Upselling and cross-selling are popular sales techniques that not only enhance your customers’ experience but can also boost your bottom line. The best part? Upselling and cross-selling are easy to do. With a few…

5 tips for small business success in 2024

Looking towards the future is essential for small business success. But if this next year is anything like the past few, it will be both challenging and unpredictable. So how do you set your business up for success moving forward? Getting insight on emerging trends is the first step. Here’s five tips for your small…

2024 CEBA Repayment Guide: What you need to know

The latest Canada Emergency Business Account (CEBA) deadline for loan forgiveness has passed (January 18, 2024). However, if you applied for a refinancing loan on or before that date, you qualify for a special extension until March 28, 2024, to keep the forgivable portion of up to $20,000. If you didn’t apply for refinancing, you’ve…