Show Me The Money!

In the world of business, cash flow is king.  Money makes the wheels of business go round and it provides the fuel for growth and prosperity.  The problem is that the money is not always readily available in a timely fashion.  Lack of it can lead to creditor issues and can stymie the health, wellbeing and future growth of the business.  A pool of cash made available at the right time and for the right reason can speed up growth faster than having to go it on existing resources.

How about a loan, mortgage or line of credit?  Money made available in this fashion can provide the necessary financial leverage to take care of business and/or move forward.  The trick here is the intelligent and responsible management of the money to achieve the desired goals or results.  Often times with loans or mortgages, there are strings attached on how the money can be spent.  This is not necessarily a bad thing.

A major consideration when applying for financing should be the ability to pay it back.  The assumption is that the injection of funds will allow for business to go forward and provide the money to pay off the loan or keep the line of credit in check.  Keep in mind the interest that will also be part of the payback.

For businesses, there are a number of products available when it comes to loans and lines of credit.  Let’s explore some of them.  I must give a special shout out to my friend and associate Sharon Mosca who is a small business account manager at the TD Canada Trust here in Dundas, Ontario.  Sharon provided me with the resource materials that illustrate the kinds of products that her bank has available for businesses.  I am pleased to refer her to you without hesitation for any of your financial needs.  Let me know if you need her contact information.

This leads me to my first point: you want to deal with someone, a point person, who will really get to know you and your business.  This is important when it comes to fine tuning your wants, needs, and ability to service the debt.  Not going this route could lead to catastrophe down the road.

Loans and/or lines of credit can be for as low as $1,000.00 for businesses with small projects or that just need to occasionally bridge the gap between receivables and payables.  Many business owners and managers can relate to this.

A small business financing loan can be used to purchase owner-occupied real estate or for improvements to new or existing properties.  It can also be used to finance equipment for the business.

Business investor mortgages are also available.  These would be for properties where the owner does not occupy the entire property.  How much of the value of the property that could be mortgaged would depend on things like location and what percentage of the property the owner would occupy.

Not to be left out are loans, lines of credit and mortgages for rural properties zoned for agriculture.  The amounts available would be determined by such things as the size of the property and whether there is a house on it.  Also whether there are any additional buildings.  Other things to be considered would include additional sources of income besides farming, and other current debts.  The money can be used to purchase property, make improvements to it, or restructure the debt.

When it comes to applying for business loans, mortgages or lines of credit, depending on the amount of money being applied for and the reasons for it, security on the debt will no doubt be required.

Under the right circumstances, a lot of money is available to business owners.  The intent should be to determine what you need and then go see what works best and if you qualify.  By all means feel free to connect with me to discuss your situation.  As usual, the numbers from the bookkeeping perspective will need to be in place in order to go after and qualify for a loan or a line of credit.  You can also go directly to someone like Sharon to see what they would need to get the ball rolling.

Here’s to our mutual financial health.




Meet Vaidehi, a dedicated and professional Bookkeeper since 2021, who proudly supports and assists her clients. Her efficiency and expertise shines through her seamless handling of her clients’ financial records including Accounts Receivable, Accounts Payable, Bank Reconciliation and client communication. Trust Vaidehi to provide the support and solutions you need. During her personal time, Vaidehi enjoys dancing, cooking and tending to her garden.


Bookkeeping Manager

Introducing Tinna, our resourceful and dynamic Bookkeeping Manager with over 12 years of hands-on experience. An expert in all aspects of accounting and finance operations, she handles preparation and maintenance of statutory accounting books, reconciling revenue and expenditure accounts, overseeing the preparation of monthly, quarterly, bi-annual and year-end financial statements, implementing stellar accounting systems and controls, budgeting and financial projections. Tinna’s solid background in managing both financial and non-financial assets, investigating and auditing accounts, makes her an asset to the Fiscal Performance team.


Executive Director

A true believer in the power of streamlined workflows and strategic financial planning, Duane is not just about balancing the books; he is also about balancing success with sustainability, innovation with tradition, and growth with groundedness. Bringing together a blend of expertise, experience, and enthusiasm, he is focused on improving systems to continue on providing a high level of customer service to all of Fiscal’s partners, customers and vendors. He invites you to join the Fiscal Performance network and learn how to solve your accounting and bookkeeping challenges today.


Client Service Manager

If you’re seeking a bookkeeper with a passion for precision, a friendly demeanor, and a love for the beautiful game of soccer, then look no further than Olusegun. With over 10 years of experience with auditing and financial analysis, Olusegun brings a unique blend of expertise and enthusiasm to the table. Known for his approachable demeanor and willingness to go the extra mile, he’s not just your typical accountant – he’s a trusted ally in your company’s full cycle financial management. So, if you’re in need of a bookkeeper (with auditing know-how) who gets the job done, valuing integrity and reliability as part of every job, Olusegun is your go-to guy!


Task Manager & Quality Control

Sam is a seasoned Bookkeeping Manager with over 14 years of experience. Proficient in book cleaning, reviews, HST report preparation, and finalizing accounts using QuickBooks, he holds a Bachelor’s degree in Law, and Master’s degree in Commerce. Sam is known for his dedication to meeting deadlines, his collaborative work ethic, and equal prioritization of family and work. A nature and pet lover, he finds solace in music.



Meet Alex, a highly esteemed member of our team, whose accounting expertise spans back to 2015. Holding a semi-qualified Chartered Accountant designation and a post-graduate in Accounting (achieved in 2018) Alex remains steadfast in catering to the needs of clients. Over the course of this distinguished career, Alex has cultivated invaluable proficiency with an array of esteemed accounting software. Renowned for unwavering punctuality, Alex consistently maintains a proactive approach, ensuring meticulous oversight of all deliverables.



Meet Eric, a distinguished professional with a Master of Commerce and a semi-qualified Chartered Accountant. He boasts three years of specialized experience in Canadian and US accounting, using software such as QuickBooks Online, QuickBooks Desktop, and Dext. Eric’s proficiency shines through his seamless handling of onboarding, migration, clean-up, and catch-up projects. Renowned for his tech-savvy approach, Eric leverages his expertise in advanced Excel macro building to empower clients — enhancing their productivity and efficiency. Trust Eric to deliver unparalleled financial solutions tailored to your specific needs, ensuring excellence every step of the way.



Jess is a dedicated Bookkeeper, with a Bachelor of Accounting, who is proud to assist her clients with bookkeeping support, since 2020. Jess is well-versed in a suite of software programs with a focus on QuickBooks Online. Her expertise extends beyond conventional bookkeeping, encompassing Accounts Receivable, Accounts Payable Management, Payroll processing, and adeptly managing the books as per client specifications and needs. She stands out for her swift file processing capabilities and streamlined financial processes at Fiscal Performance.


Task Manager

Meet David, Fiscal Performance’s Task Manager. A distinguished accounting & finance professional since 2014, David is adept in leadership roles. Known for his advanced skills in process implementation and continuous improvement, David works to ensure optimal outcomes for clients. With extensive experience spanning global markets including Canada, USA, UK, and Australia, he specializes in providing comprehensive CFO & bookkeeping services. Proficiency in a variety of accounting software enables him to tailor solutions to meet his clients’ needs effectively. David is detailed oriented and his ability to deal with conflicting priorities in high-pressure situations makes him an VIP at Fiscal Performance.



Introducing Chris, a Reviewer at Fiscal Performance and a seasoned professional in the accounting & finance industry. He boasts a career, starting in 2017, that includes executive roles to team leader positions. A post graduate in accounting, he is proficient in software such as QuickBooks Online and QuickBooks Desktop. Chris has honed his skills over the years, optimizing his bookkeeping processes by prioritizing accuracy and efficiency. Known for his dedication and meticulous approach, Chris consistently seeks out innovative solutions to streamline operations and deliver top-tier results. His commitment to excellence and his proactive attitude makes him an invaluable asset at Fiscal Performance.

Tracy Khamis

CPB, DFA – Bookkeeping Services Specialist™

Managing Director

Always wanting to learn and gain knowledge, Tracy has worked for multiple companies from various industries. Having the opportunity to work in varied industries from small companies to large organizations such as banks, accounting firms, schools, restaurants, construction, manufacturing and the arts has been extremely exciting. Each industry has different rules that apply, along with different government requirements. This experience has provided Tracy with extensive growth and understanding of bookkeeping, multiple software platforms, and in-depth financial report preparation. To know Tracy is to appreciate what she can do to put your books in order and keep them in a timely, relevant and professional manner.

Office: 1-905-662-9437
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