With an operating line of credit, you can purchase inventory, finance receivables, or flex with seasonal demands.

A line of credit can be a great way to finance your accounts receivable, cover daily operating expenses, take advantage of supplier discounts, avoid overdue payment penalties and reduce interest costs.

Features of an operating line of credit from G&F:

No matter your needs, we can customize options to fit your business. Our experienced and knowledgeable team of lending professionals will work with you to achieve the financial stability you desire. Our Business Relationship Managers have an appreciation and knowledge of business communities throughout the Lower Mainland. Talk to us about our competitive lines of credit today!

Save time and money when you're processing payroll.

Businesses with several employees may need a solution that manages their employees’ time as well as their payroll. This often involves staying on top of extensive legislation and paperwork.

ADP can provide payroll services for small (1-49 employees), mid-sized (50-999 employees), and large (1,000+ employees) companies.  

You will also receive assistance from ADP should you need to communicate with the Canada Revenue Agency. ADP will work directly with the agency on behalf of your business. 

You provide the hours your employees worked, ADP will take care of the rest. Finally, an affordable solution that allows you to focus on your core business, not administration.

Boost your sales volumes and make faster transactions backed by payment experts

You can expect competitive pricing and products, convenience, and personal service from our merchant services solution. By offering your customers the convenience of paying with their debit or credit card, you can improve your service, build customer loyalty, and increase sales.

• New, lower interchange rates — Benefit from interchange rates as low as 0.87%*. Effective May 2020 through to May 2025
• Fast access to funding — Breathe easy knowing that the payments you process today will be funded as early as the next business day.
• Payment technology to suit your needs — Get the right solutions to minimize fraud and chargebacks and lower your interchange rates.
• 90-day satisfaction guarantee — Feel confident with your decision with our 90-day guarantee. You can exit penalty-free if you’re not satisfied.
• Support right from the start — Get the support you need at every step including dedicated account management, training and customer support 24/7/365.

*Quoted interchange rate applies to emerging market merchants on consumer credit card transactions; otherwise the new average interchange rate will be between 1.4-1.5%, depending on transaction and credit card type. Rates apply to Canadian transactions that qualify at the Consumer Electronic Interchange level, as set by Visa and Mastercard. Transactions that do not qualify for this interchange level will be subject to an interchange differential/downgrade fee.

Assessment fees apply to Canadian transactions. Other fees/taxes may apply. Global Payments reserves the right to determine qualified merchants and is under no obligation to approve a merchant.

Attract and retain valuable talent by adding Group Health Benefits to your compensation package.

Gulf & Fraser Insurance Services (a subsidiary of G&F Financial Group) has partnered with leading Canadian Underwriters to provide G&F business members with comprehensive healthcare or group RRSP benefits for you and your employees.

Why invest in group health or RRSP benefits for your employees?

Not only do group benefits help you retain the best talent, they will also improve the well-being and productivity of your employees and allow you to focus on growing your business.                           

In fact, a study by Canada Life Group Insurance showed that 25% of respondents believe that helpful employee benefits and perks would have the biggest positive impact on their work productivity. Your premiums may also be tax-deductible as a business expense.

Signing up is simple.

Contact a G&F Wealth Protection Planner to get group benefits set up for your employees. We will meet with you to determine the group benefits program that best suits the needs of your business and employees. 

Call 604-419-8888 to get started.

Disclaimer: Insurance products are available through G&F Financial Group Insurance Services Ltd., a wholly-owned subsidiary of G&F Financial Group. This website is for informational purposes only and is not intended to provide specific insurance, financial, investment, tax, or other advice to you, and should not be acted or relied upon in that regard. Insurance products are underwritten by certain licensed insurance companies and are only available throughout British Columbia, Canada.

Wire transfer

Use G&F’s wire transfer service to transfer funds to and from financial institutions world-wide.

Make business payments to other countries quickly and easily. Choose from single or multiple, one-time, recurring, or future-dated payments. G&F can set up advanced online payment services to help you send funds quickly and securely.

E-transfer

Send and receive money quickly, conveniently, and safely using your phone or computer with Interac^® e-transfers. All you'll need to know is the recipient's email or mobile number. No account information is required. You can also transfer on-the-go, using G&F's mobile banking app. 

See our FAQs for more information on e-transfers, including transaction limits and additional features such as Request Money.

Automated funds transfer

Fast, secure, and economical, PaymentStream^TM AFT streamlines your payment processing.

With our convenient and cost-effective online cash management service, you can automatically deliver or receive payments to and from accounts held at other financial institutions. (This service is also known as AFT, CAFT, EFT, pre-authorized payments and pre-authorized debits.) 

Convenient and hassle free, you can use the PaymentStream^TM AFT service for a variety of purposes:        

• Depositing your employees' payroll directly into their accounts         
• Collecting monthly/scheduled membership fees (e.g., health club)      
• Collecting monthly/scheduled maintenance fee or rent (e.g., strata fees)         
• Making recurring payments to your suppliers       
• Collecting donations as a charity or other not-for-profit organization         
• Collecting payments from your customers

PaymentStream^TM services are offered in partnership with Central 1 Credit Union. PaymentStream™ is a web-based application which uses two-step security. Some benefits of PaymentStream™ include comprehensive risk controls, a retention history of up to 18 months and the ability to download AFT reports in CSV and PDF formats.

Get insurance coverage for your business and have peace of mind in the event that something happens to you or your partner. 

Key person insurance

Key person insurance provides assurances to business creditors and employees that the business will continue even if a key person passes away. The life insurance proceeds provide immediate cash to cover the business’s working capital needs and to find and train a suitable replacement for the key person who passed away.

Our Insurance Planner can also help you plan your future—and the future of your business—by giving you succession planning strategies which can protect the business owners and equity in the event of a death.

Business loan protection

A life insurance policy purchased for business loan protection can help a business negotiate loans and repay business debts with a tax free life insurance proceeds when a business owner or another key executive dies. It can also prevent a business owner or their estate from becoming liable for the business debts if the owner passes away.

Buy/sell funding

Ensuring there is a plan for the eventual transfer of the business interest will help owners realize the full value for the business interest and it will also help the business and the remaining owners survive the transition. This succession plan is typically done through a buy-sell agreement.

Life insurance is an efficient way to fund the obligation that results from a buy/sell agreement when a shareholder or partner passes away. There are numerous possible ways to structure a buyout on death and life insurance funding plays an important role in ensuring the buyout occurs.

Funding capital gains

When an individual who owns shares in a corporation, a partnership interest, or business asset will be deemed to have disposed of these properties at death. Life insurance is an effective way to fund the tax liability that will arise with the disposition of these assets. 

Listen to a Smart Money Podcast about protection for small businesses

As a small business owner, you can get so focused on keeping things running that you may not be aware of all the options available to protect your business should something unexpected occur. In this Smart Money Podcast, we talk with Steve Camele, G&F wealth protection planner, about five types of protection for your small business.

As a business owner, you've worked hard on creating a solid business plan. What about your personal financial plan?

Often overlooked from a business perspective, financial planning for owners is vital to protect their personal assets and plan for the future. Our team of wealth experts can develop a plan to meet your business and financial goals. 

Through G&F's partnership with Aviso Wealth, we offer a full array of investments* including tax-efficient investments whether held in the business or personally. CalI 604-419-8888 and get started today! 

*Mutual funds are offered through Credential Asset Management Inc. Mutual funds and other securities are offered through Credential Securities. Online brokerage services are offered through Qtrade Investor. Qtrade Investor and Credential Securities are divisions of Credential Qtrade Securities Inc.