Newfoundland and Labrador form the most easterly province of Canada. On Newfoundland island, the Norse archaeological site L’Anse aux Meadows is the reputed settlement of Viking explorer Leif Erikson. Gros Morne National Park, on the Gulf of St Lawrence, has cliffs, waterfalls and glacial fjords. Southeastern capital city St. John’s is known for the 17th-century Signal Hill citadel, with a hillside walking trail.
On Canada’s northeastern extreme, standing proudly against the vastness of the North Atlantic, is the territory of Newfoundland and Labrador. As a provider of small business funding and funding products, SharpShooter Funding© is actively involved in this region, assisting the owners of small and medium-sized enterprises as they pursue the capital they need.
From Hebron up in the north, beyond the Fraser River, down to the more populated southern cities of Newfoundland around the Gulf of St. Lawrence, there are countless small businesses that need assistance and support. We make it our mission to ensure that these businesses can draw upon that support as and when it is needed.
Newfoundland and Labrador relies upon these small businesses to keep money flowing in and to keep the jobs market healthy. As one of the leaders in the alternative funding market and as provider of funding and funding to businesses that need them most, SharpShooter Funding© is proud to be able to support these enterprises and the broader society.
Read on to learn a bit more about how this is one.
Traditionally, Newfoundland and Labrador lacked the sort of diverse economy enjoyed elsewhere, like Toronto or Vancouver. Economic activities over here have been historically dominated by the rugged Atlantic coastline and by the natural resources found further in-land. Maritime and mining industries still loom large over the region, but its economy has grown a little more diverse in recent years.
Business leaders in Newfoundland and Labrador recognize the need for increasing diversification. in the last decade, the GDP of the region has remained largely static, hovering generally between $30 billion and $32 billion per annum. With the arrival of COVID-19 in 2020, the perils of a static economy were laid bare, and many areas of Newfoundland and Labrador found themselves in significant economic danger in the face of the virus. Bailouts and other stimuli have been required to keep the economy functioning.
As we look towards a future free from coronavirus and from the restrictions and regulations that have plagued societies and economies across the globe, it is clear that small and medium-sized enterprises will be the driving force during the recovery phase. This is where SharpShooter Funding© is proud to make a difference. We make it much easier for business owners to get the funding they need, which will in turn help the local economy at what is a truly critical time for society.
But what sort of industries will these Newfoundland and Labrador businesses likely be operating in? Mining and the collection and processing of natural resources are two of the major industries in this corner of Canada, but they may be difficult for smaller-sized businesses to break into. So what other options are there for budding entrepreneurs in Newfoundland and Labrador?
Service industries, such as banking and finance, insurance and real estate, as well as retail and wholesale trading, make up a large proportion of Newfoundland and Labrador’s GDP and represent great opportunities for growth and investment in the province. These industries are mostly concentrated around the population center of St John, although other locations also have their own service industries and opportunities.
Elsewhere across the territory, the key industries include agriculture, fisheries, forestry as well as the aforementioned mining and oil sectors.
If we are to support small businesses in Newfoundland and Labrador, we need to do this in the right way. This means making it easier rather than harder to apply and to acquire the funding such businesses so acutely need. In order to achieve this, we have streamlined our process. Read on to learn more about the procedure for applying for small business funding and funding products in Newfoundland and Labrador.
In this digital age, we support swift and easy applications online. Head to the application form right here on our site, and then fill out the information as requested.
We work to treat you like an individual, but in order to do this, we first need to know what you need. Use the form to tell us, in as much detail, your aims and objectives for the funding you will receive. We will conduct a more in-depth consultation later on, but this is an important starting point.
We know how stressful and anxious it can be to have to wait around for a decision from a funding provider. This is why we aim to deliver you our decision within around 48 hours after we receive your application.
We offer an individualized service, helping you to make sure you get the funding package for your needs in Newfoundland or Labrador. This means we will carry out a consultation based upon what you told us and then provide you with an array of options to choose from.
We have already discussed how our services are designed to be as streamlined and straightforward as possible, and that agility and flexibility are key. With this in mind, we aim to deliver you your funds within around 48 hours of your acceptance of our offer.
We do provide specific funding for specific purposes in some instances, but, in most cases, you will be able to spend the funds your receive in any way you like, giving you the flexibility your business needs to take advantage of changes in the market.
We are sure you will agree that this is a far more straightforward and simple route to small business funding than that offered by most mainstream banks and funders. Head to the form on this page to begin, or reach out to our team with any questions and queries about what we provide.
Why is SharpShooter necessary for small businesses in Newfoundland and Labrador? Why is an alternative small business funding and funding network required at all? To understand this, we need to look more closely at the barriers that businesses in the territory are up against.
These issues represent obstacles, but obstacles can be overcome. This is what the alternative funding market is all about, and this is why business owners are increasingly turning to alternative providers such as SharpShooter for their Newfoundland and Labrador business funding.
That’s right — the situation is a positive one, and you and your business can gain access to the funding you need, even if you have been turned down before. Here’s how SharpShooter Funding© works.
SharpShooter provides a real alternative for businesses looking for funding. Let’s examine what this means:
Small and medium-sized enterprises are the future of Newfoundland and Labrador. Together, we can support this territory and its communities as they move forward towards a bright and happy tomorrow. Send us your funding application today, and let’s begin. Or reach out to our team with any questions.