Nick Hollinger

Usually it's about 500 in ARR or more.

That's where we could start going to these other lenders, especially within Canada.

But below 500, we didn't find many, but ClearBank was one of them that was willing at that rate.

Like you're talking like if we went and raised like a, went to an angel and got them to pretty much loan us the 50 grand rather than taking an equity stake.

Yeah, yeah.

Yeah, we would be open to something like that.

If any of your listeners are out there looking at different or looking at lending, we would definitely be definitely reach out because we're interested in hearing what our options are.

Uh, probably more after we figure out, uh, what clear bank was able to do for us.

Cause we're, we're still testing, right?

Like, uh, we seven grand was an increase.

Seven grand ad spend for Google AdWords was an increase from five the month before and still seeing how an increase.

Uh, part of it is, uh, it's not just AdWords, but they do give you a pretty much a virtual credit card, which can be put towards specific channels.

No, I still pay myself like garbage.

Not ClearBank money, no.

They do allow you to submit an invoice, but I believe those are, it's more for, if they were to accept that invoice that you submitted, they would use it towards, they would want it to be towards a marketing channel.

So I have gross, I have net.

Okay, yeah, what's net?

I have net for the last 12 months was about 12%.

We haven't cracked that 100% mark, but given that we're within small to medium business, we were comfortable, but still looking at ways to optimize.

You got it, that's correct.