Author: James Kisielew
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…
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…
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…
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…