Founder and CEO, Merchant Advance Capital
David Gens is the founder and CEO of Merchant Advance Capital, a firm that provides financing for small business owners. He was named one of Business in Vancouver's Forty Under 40 in 2014 and BC Business’ 30 Under 30.
Is there an economic activity more democratic than comparison shopping? In the lending industry, borrowers have long held
Many in venture capital preach the gospel of raising equity, saying that a small piece of a large pie is better than a large piece of a small pie. This is often self-serving. Although sometimes raising equity makes sense, entrepreneurs are too often on the side of parting ways with equity too easily, so that isn't the best advice.
01/11/2017 01:10 EST
The Canadian fintech marketplace is growing with significant speed. Canadians' adoption of financial technology -- or fintech
11/23/2016 07:48 EST
Like many other fintech startups, we only replace one or another aspect of banking services, but we obtain capital through private investment, not customer deposits through a chequing account. This fundamental difference is often overlooked in the conversation around regulating fintechs like banks and credit unions.
07/05/2016 12:02 EDT
The Canadian fintech space has never been more exciting. From mobile wallets and online banking, to robo-advisors and peer-to-peer lending; startup after startup, we're finally catching up to what has been business as usual in the States, and while it's taken a little longer to catch on here in Canada, there's little doubt fintech is already having a huge impact on Canadian banking.
04/25/2016 06:24 EDT
The small business marketplace experienced significant change and evolutionary progress in 2015 and no less should be expected in the coming year. With that, let's consider some of the issues that will matter most to small businesses -- particularly those changing rapidly with the introduction of new financial technologies.
01/28/2016 12:28 EST
It will be important to stimulate and encourage Canada's youth to become the next generation of business owners and operators, especially as more and more small and medium-sized enterprises engage in transitions of ownership from one generation to the next in the coming years.
12/15/2015 05:38 EST
With the confirmation of the Canadian recession by Stats Canada earlier this month and the government's subsequent announcement of a $1.9 billion surplus, spending has become a particular point of interest in our upcoming election. Small business owners, who make up 98 per cent of employer businesses in Canada, will be looking to see which party's proposed spend will have a tangible effect on their bottom lines.
09/29/2015 12:03 EDT
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