do for you.
Business loans. Credit lines
Debt Consolidation loan is a
personal loan that allows you to
consolidate many other debts into one. For
example, if you have three credit cards, you
may be able to
eliminate your credit card debt by
getting a Debt Consolidation loan to pay off
the credit cards, so that you only have one
payment each month instead of three. One of
the most popular forms of
debt consolidation loans in Canada is a
consolidation mortgage loan on your home.
In Canada, lenders will provide you with a
mortgage (a loan against your house) for up to
100% of the value of your home.
We can help you
to get a business loan if:
- you have
sufficient experience and training to operate
a successful business?
- you prepared
a loan proposal and business plan that
demonstrate your understanding of and
commitment to the success of the business?
- you can show
that the business have sufficient cash flow
to make the monthly payments?
Up to 100% financing
possible. Credit report may not be required.
Tips: How can you
be ready for a business loan?
- Be totally
open with the institution.
- Provide all
statements of business activity
- Have a
complete business plan
statements and/or quotes for what you are
using the money for
comparable models to better equip yourself
- Use a
portion of your money as a 'down payment'
- Have a game
- Be realistic
In some cases you have
no choice but apply for private mortgage.
Conventional lenders have turned you down and
you are unable to obtain financing from other
sources. Typically you will be self employed
or may have had some credit problems in the
past. This does not mean you are a bad person;
just that you do not meet the stringent
lending criteria of the banks.
Maybe you are trying to buy that
dream home but don't meet the banks or CMHC's
requirements. Maybe you want to buy that small
cottage in the middle of no where. Or maybe you are
falling behind on your debts and need to refinance
everything to try and save your home and stave off
A private mortgage could be an ideal
solution to your dilemma.
Yes, you will pay a higher interest
rate and yes, there will be additional fees. Your
interest rate and the fees involved in arranging the
mortgage will be determined by the level of risk
involved in the transaction. A typical borrower that
is considered to be a moderate level of risk could
expect to pay a rate between 8% and 11% and fees
equal to 2-4% of the mortgage amount. High risk
borrower might be requested to pay to pay a little
A private mortgage may only be a
short term solution. Once you have demonstrated your
ability to make your mortgage payments on a timely
basis we will assist you to obtain mortgage from
financial institution. Most bankers would take
another serious look at your situation after about a
dedicated to provide you with a one-stop shop for
all your automotive needs. From purchasing a car,
financing a car, getting a warranty and finding
automobile insurance, TrueLoan.ca is your one stop shop
to get you in your new vehicle with little or no
Automotive Purchasing - Every dealer has numerous
cars available and can help you in any type of
vehicle you are looking for. Vehicles are sold
Certified and emission tested to meet Ontario
license standards, unless noted. All the prices are
Automotive Financing - The car application link is
located HERE . Please include the dealership you
are buying the car from and the registered VIN
number of the vehicle. TrueLoan requires this for
ALL car applications. Please include a bill of sale
at time of submission. Interest rates are determined
by credit score and income. Rates range from
Automotive Warranty - Warranty's are available
through our car warranty partner companies, please
provide model, make and kilometers to one of our
representatives for a free quotation with different
options for your used vehicle warranty
As a private investor you
may be looking for ways to diversify your
portfolio. We offer private investors an
alternative wealth building tool with the
benefit of real estate security and monthly
income. We prepare a complete underwriting
package on your behalf.