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David Gens

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.
To Raise Equity Or Not To Raise Equity, That Is The

To Raise Equity Or Not To Raise Equity, That Is The Question

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
Should Fintechs Be Regulated Like Banks And Credit

Should Fintechs Be Regulated Like Banks And Credit Unions?

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 One Reason Banks Should Learn To Love Alternative

The One Reason Banks Should Learn To Love Alternative Lenders

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
3 Major Decisions Your Business May Face This

3 Major Decisions Your Business May Face This Year

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
How We Can Improve The Next Generation's Financial

How We Can Improve The Next Generation's Financial Outlook

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
In a Stagnant Economy, Spending Is Key to Stimulating Small

In a Stagnant Economy, Spending Is Key to Stimulating Small Businesses

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