Document Your Loan

Last year in Canada approximately 21 million Canadians either lent or borrowed money from friends or family members, but only 17% actually put the loan in writing. Close to 54% of the undocumented loans were not paid back. It has been proven that if a loan is documented, the likelihood of repayment is significantly higher. Through this process we aim to lessen the default rate to under 5%.

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Organizations for Canadian Women Entrepreneurs to Join

Wednesday, January 13th, 2010 | Uncategorized | admin

Organizations for Canadian Women Entrepreneurs to Join

the Canadian Women’s Business Network
The Women Entrepreneurs of Canada
the Canadian Association of Women Executives and Entrepreneurs (CAWEE)
the Foundation of Canadian Women Entrepreneurs
The Royal Bank Women Entrepreneurs
The Resources for Women Entrepreneurs library.

Do let me know if you know of an organization or Web site that provides support for Canadian women in business that I’ve missed. Contact Ryan@documentyourloan.net.

Don’t forget to visit www.documentyourloan.com to prepare for your venture in asking friends and family for a loan!

If you are lending money to friends and family, lend to Women Business Owners in Canada

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