Author: James Kisielew
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…
OnDeck Canada closes $75M senior credit facility with Bank of Montreal and Equitable Bank
OnDeck Canada, a leading fintech player in the small business lending space, today announced that it has expanded its senior credit facility to $75 million. The senior credit facility was arranged by Bank of Montreal (“BMO”), the company’s senior lender since 2017, and now includes Equitable Bank. Since its founding in 2008, OnDeck Canada has…