24 Aug 2012

BDC releases financing and services statistics

An inconsistent, struggling global economy has caused many businesses throughout the world the put off growth for the time being, however, firms throughout Canada are still looking to seek out potential funding opportunities, according to recent data compiled by the Business Development Bank of Canada.

Recent BDC statistics showed that during the fiscal year 2012, its clients borrowed a total of $3.8 billion in loans and subordinate financing. By working to secure funding, expansion is clearly on the minds of many small businesses in Canada. Researching Toronto storage solutions is one of the considerations business owners undertake in the city as they look to add more inventory.  

"BDC clients have shown resilience through difficult economic times and, as a whole, improved their financial positions," said Jean-René Halde, president and CEO of the BDC. "The fundamental good news is that our clients, the entrepreneurs who are creating and growing businesses in Canada, are doing well."

Small businesses are the lifeblood of the economy throughout the world, and by opening up funding opportunities for them, the BDC is hoping to stimulate more growth.

Jiffy offers businesses plenty of options for Toronto storage, whether one needs to store filing cabinets or office supplies. What's more, the company is currently holding a contest for a new iPad 3, which is a device that just about every business person could use to help improve productivity.

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