Tag: loans
Posted in General
Tax Court disqualifies government loan spending from SR&ED, with potentially devastating implications for Canadian tech
Recent ruling means startups can no longer “double dip” in government assistance. Canadian organizations that collect Scientific Research and Experimental Development (SR&ED) incentives may…
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Subsidiaries of FinTech startup Lendified face creditors over unpaid loans
Creditors move to seize Lendified assets after company defaults over some $6.6 million. Toronto FinTech startup Lendified said a number of its subsidiaries are…
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Square makes loans offering available for Canadian small businesses
Loans follow the launch of Square card for small businesses. Mobile commerce company Square has launched its loan offering in Canada, making the financing…
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QuadFi inks agreement for up to $127 million CAD to provide loans to underserved individuals
QuadFi targets young people, immigrants, and other demographics with a “thin credit history but bright prospects.” Toronto-based online lender QuadFi has entered into an…