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RELEASE – OnDeck Announces Agreement to Combine Canadian Operations with Evolocity Financial Group

RELEASE – OnDeck Announces Agreement to Combine Canadian Operations with Evolocity Financial Group

Combination Will Create A Leading Online Lending Platform Serving Small Businesses in Canada Today’s announcement was made by Noah Breslow, Chairman and Chief Executive Officer of OnDeck and Neil Wechsler, Chief Executive Officer of Evolocity. The transaction will combine the direct sales, operations, and local underwriting expertise of the Evolocity team with the marketing and…

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The Canada Post Strikes: What Your SMB Needs to Know

The Canada Post Strikes: What Your SMB Needs to Know

Small businesses across Canada have been feeling the effects of Canada Post’s rotational strikes. So what do you do when it’s the busiest online shopping season ever and one of your primary distribution channels goes missing in action? A Long History of Labour Disputes Canada Post strikes are nothing new. Between 1965 and 1997 the…

Get Ready For the Biggest Online Shopping Season of All Time

Get Ready For the Biggest Online Shopping Season of All Time

Take those pumpkins off the porch and put your costumes back in the closet, Halloween is behind us and the Holiday shopping season is in full swing. More consumers than ever are doing their holiday shopping online, in fact 15% of all commerce in the world is done online. 15% may not seem like much,…

The 5 Essential Holiday Marketing Tips for SMBs  

The 5 Essential Holiday Marketing Tips for SMBs  

Whether we want to believe it or not, the holiday shopping season is in full swing. We have already looked at 4 ways your business can take advantage of the rush, now it’s time to brush up on some of our favourite marketing tactics to help make the season a success. 1. Let Your Customers…

The 4 Big Challenges Facing Family-Run Businesses in Canada

The 4 Big Challenges Facing Family-Run Businesses in Canada

Family-run businesses come in all shapes in and sizes, from behemoths like Molson Coors and Bombardier with close to 100,000 employees combined, all the way to the mom and pop shop on the corner of your street. In fact, 80% of all businesses in Canada are family owned. Running a family business comes with a…

Already Thinking About The Holidays? You Should Be.

Already Thinking About The Holidays? You Should Be.

Summer just ended and we’re already getting into holiday mode, crazy right? Not at all. Business owners across the country are starting to ramp up operations to get ready for their busiest time of the year. The most wonderful time of year Winter is typically a tough time for Canadian businesses. Customers opt to stay…

RELEASE | Evolocity Receives Significant Increase to Senior Banking Facility with Bank of Montreal (BMO)

RELEASE | Evolocity Receives Significant Increase to Senior Banking Facility with Bank of Montreal (BMO)

Evolocity Financial Group Adds Funding Capacity; Significant Increase to Senior Banking Facility with BMO High Demand for B2B Lending Products Driving Growth Montreal, Quebec – September 13, 2018 – Evolocity Financial Group, a leading financial technology company providing business loans and merchant cash advances to small and medium-sized Canadian merchants (“SME”), today announced that it…

Online Lending in Canada: A Look Back

Online Lending in Canada: A Look Back

Evolocity Financial Group is celebrating our 10th anniversary this year and we have been doing a lot of reminiscing. The conversations tend to go the same way as we dive into the drastic changes our industry has gone through over the last decade. You might be surprised to hear about how different things were back…

The Resources Your Female-Led Business Has Been Looking For

The Resources Your Female-Led Business Has Been Looking For

It’s 2018, being a successful business owner shouldn’t depend on your gender – but it does. Female entrepreneurs are faced with hurdles all along their entrepreneurial journeys. Unfortunately, resources to help businesswomen in Canada are lacking and securing working capital is difficult. The ecosystem is still growing; if you know where to look, the support…