The term 'Social Enterprise' implies a linking of business ventures to achieving social good. In the case of WLC, our 'social enterprise' program consists of assisting poor women in developing new methods of income generation, especially through small business ventures, in order to improve the income and quality of life of their families. We provide beneficiary women with skill training (particularly in sewing, although we are now expanding to other areas), instruct them in small business management, and provide them with the means of accessing small loans for startup capital. This is particularly important, as it can be extremely difficult for poor women who lack collateral to obtain loans except from private money lenders who charge massive interest rates. Women from our program have used these small WLC-facilitated loans to buy seeds for crops, purchase sewing machines, invest in cows for milk production, acquire the basic materials for a dry goods store and more. This means of aid allows poor women a new power over their own financial circumstances, and it has brought many of our beneficiaries remarkable success.
http://thegreatcurve.com World Literacy of Canada's Social Entreprise Program
BUFFALO, New York (Reuters) - Dozens of people were charged in what federal authorities on Tuesday called a highly sophisticated loan fraud scheme that robbed $ 2.7 million from at least 2000 victims with poor credit histories in Canada and the United ... Dozens arrested in loan fraud scheme with victims in U.S, Canada
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Question by J. Stark: How would I get a business loan in Canada for about .5mil? I've been looking at buying a business for over 2 years and I just found a very promising prospect. The catch is that it's going for $ 2.5 million dollars. I have looked up ways of getting business loans for up to about $ 250,000 but never anything this high. I'm just curious if anyone knows the best way to go about getting financing this high. Best answer for How would I get a business loan in Canada for about .5mil?:
Answer by metallhd62
business plan and bank if you like your kneecaps, otherwise VC if you can convince them, may be easier than a bank
Answer by Doctor Deth
you would need to pay auditors to do due diligence on the books of that company -examine financial statements and bank accounts for the past 3 yrs, determine viability of actually collecting the accounts receivaqbles and find out what kindof debts and liabilities the business has and create a business plan showing you'll be able to pay the loan and make a profit with the business, then you'll have to present your biz plan to a bank
Answer by Yareli
If you do not have a bad credit getting business loans are easy. It is generally seen that bad credit acts as an obstacle in the smooth running of a business. Are you also facing the same problem? No need to worry, as bad credit business loan is here to solve all your problems. The perfect use of bad credit business loanbusiness dealings is bad credit business loans. You can maintain your perfect credit score as long as you pay off your installments in time. This credit score improvement can enable you to avail any future loan with better terms and conditions.
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