MONTRÉAL, Québec, July 6, 2015 –IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”). Pursuant to the Press Release dated June 19, 2015, IOU Financial, a leading online lender to small businesses, wishes to provide further details regarding its previously announced private placement for gross proceeds of $3,118,000. As previously announced on […]
We are not out to discredit banks or bankers, but we do believe that many potential borrowers make unwarranted assumptions about banks that we’d like to clear up. The bottom line is that sometimes a bank is a good place to get a small business loan, and other times it’s not. Banks Are Not Impartial
5 Things Your Bank Won’t Say About Small Business Lending Read More
It takes a lot of drive and dedication to start a business, as well as successfully operating and growing it. A business plan is an indispensable tool to get you started and keep you on track. Write a business plan first, and then spend the money necessary to start your business. Following a good business
Staying Focused With a Business Plan Read More
In a word, Yes! Most every business has a website, but many sites suffer from stagnant content. This limits readership and gives no incentive for consumers to revisit a site. Without return visits, you generally have to make the sale the first time a consumer comes to your site. A blog can give you additional
Should You Start a Blog for Your Business? Read More
The summer is here. It’s time for fun – time with the family. Maybe the thought of that raises your stress level thinking that you can’t enjoy family time and keep your business running as it should. Don’t let your anxiety get the best of you. Just follow a few important steps and have a
Enjoy Summer AND Run a Successful Business! Read More
Montreal, Quebec, June 29, 2015 — IOU FINANCIAL INC. (“IOU Financial” or the “Company”; ticker symbol IOU/TSX-V), a leading online lender to small businesses, acknowledges the filing on June 25, 2015, of a take-over bid circular by Qwave Capital LLC (“Qwave”) for its unsolicited partial offer to purchase 34,000,000 outstanding common shares of IOU Financial
Cash is the lifeblood of small businesses, because often they do not have alternate sources of small business funding. A company’s current assets minus its current liabilities are its working capital. Cash and its equivalents — short-term Treasury bills and commercial paper — plus assets that can become cash within a year, such as accounts
Understanding How to Manage Capital Read More
MONTRÉAL, June 19, 2015 /CNW Telbec/ – IOU Financial Inc. (TSXV: IOU) (“IOU Financial” or the “Company”), a leading online lender to small businesses, is pleased to announce that it closed its previously announced private placement for gross proceeds of $3,118,000. A syndicate of underwriters (the “Underwriters”) led by Haywood Securities Inc. and including Cormark Securities Inc. completed
Will Today Be a Good Day or a Bad Day? It’s Up To You! That glass you are looking at – is it half empty or half full? If it’s filled half way with water, both answers would be right. But your answer speaks volumes about how you are viewing the situation. If you view
Positivity, It Affects Your Work! Read More
MONTREAL, June 15, 2015 /CNW Telbec/ – IOU FINANCIAL INC. (“IOU Financial” or the “Company”) (TSXV: IOU), a leading online lender to small businesses, notes the announcement by Qwave Capital LLC (“Qwave”) of its intention to make a formal offer to acquire 30,000,000 outstanding common shares of IOU Financial, representing approximately 55.9% of the outstanding common shares of