smb loan
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Black Entrepreneur Program- Funding For The Forgotten
In March 2022, Former PM Justin Trudeau issued a statement on racial discrimination. He stated, “As part of the Government of Canada’s ongoing commitment to combat all forms of anti‑Black racism, we officially recognized the United Nation’s International Decade for People of African Descent (2015-24). We are also developing a whole‑of‑government action plan to eliminate systemic racism,…
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Why Banks Say ‘No’ to Profitable Businesses (20-year Insider Tells How to Get to ‘Yes’)
Most business owners assume banks reject applications due to lack of revenue. In reality, the decision is often made long before revenue is even considered. While revenue is important, there are other key factors to consider. 1. Incomplete or Weak Financial Documentation Banks don’t lend based on potential—they lend based on verified history. The typical…
