8/17/2023 0 Comments Ifinance canada![]() "We are excited to offer these new terms to our customers. In business since 1996, iFinance Canada is well-known for its high approvals and customer-focused approach to lending. Effective immediately, iFinance Canada will offer terms as long as 72 months for all loans of $3,000 or more, making it easier for customers to get the financial assistance they need while enjoying a longer repayment period. TORONTO, ONTARIO, CANADA, Febru/ / - iFinance Canada, a national leading provider of financial solutions, is proud to announce exciting new financing terms for its valued customers. “That should be launched next month,” she says.Offering 72 Month Terms for $3,000 + Loans In addition to the New You Anti-Aging Show, she has created a search engine optimization service to help doctors better connect with their clients over the Internet, and, most recently, a Craigslist-like service for doctors that will let them buy and sell used medical equipment around the world. I don’t think we would have survived if we just tried to get everyone to adhere to our business model.” “We have had to adjust our model to match what the market was demanding, through the downturn and the gluttonous years before. ![]() Kaplan’s company not only survived the downturn in the economy - demand for elective surgery typically falls in a recession - but it has continued to roll out new products. When they were getting a pet loan, it was confusing when people would call up and get Medicard.” “That way, it is not as confusing when people call up because there are so many products. Kaplan says simply clearing up confusion is a big part of the name change. Medicard will end up becoming a subsidiary of a new entity, to be called iFinance Canada Inc. “My goal with the company is to manage all aspects of the company, and the only one that we don’t own completely is our source of funds.” “That has been about a year in setting up,” Kaplan says. The change should make the business less dependant on volatile bank lending and raise its profitability. Instead of relying on financing from banks to cover loans to its customers, the company will be able to attract term deposits from well-heeled investors. Kaplan, who won the Canadian Woman Entrepreneur start-up award in 2000, is currently working on a major transformation of her company, which will make it a major financial player in its own right. I just pull it out in the boardroom when I need to make a point,” she says, half joking. I believe you learn more on the street and by your own results. ![]() “I don’t put those things on my business cards. In the midst of building her company and raising that six-pack of children, she also found time to earn master’s degrees in business and science and is currently working on her PhD business thesis. I’m always trying to make sure that it is very clear that hasn’t been the case.” “The odd thing about a woman in business is the assumption that there is always a man behind the woman. Her second husband is also a doctor, although she is quick to add that she “acquired him after” she created the business. She’s succeeded in the man’s world of finance, even as she has raised six children, with her now-7-year-old a constant companion by her desk when he was nursing. Kaplan, soft-spoken and with a subtle sense of humor - she once described herself as a mix of “Scottish, Hawaiian and Botox” - is deadly serious when it comes to business. Rather than elbowing aside banks, she is providing financing to people who would typically run up their credit cards for these expenses. The two-tiered health system has not arrived as predicted, but her company has carved out a healthy niche providing loans to people for things they would have trouble getting from their banks: plastic surgery, orthodontics, infertility treatments, even vet bills. It’s no accident that Ann Kaplan ended up creating and running a first-of-its-kind business, which offers patient financing for elective surgery.īoth her parents were doctors and, in fact, it was her father’s prediction of two-tiered health care when the province cut funding for elective surgeries in 1996 that prompted her to launch Medicard Finance.
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