Official Canada Blog
News and notes from Google Canada
Helping Small Businesses grow their businesses on the web
Wednesday, October 23, 2013
In Canada,
5.1 million Canadians
– nearly half of our workforce – work in small businesses. With more than
1.2 million small- and medium-sized businesses
in Canada last year, representing over 99 per cent of all businesses in Canada, SMBs are a vital part of a growing economy.
But as many small business owners know, they are used to being pressed: for resources, for time, and especially for credit. Juggling expenses and managing seasonal business spikes and valleys doesn’t leave much room for other spending, like investing in a new equipment or spending time growing your presence on the web.
Starting today, and in recognition of Canada’s Small Business Week, we’re going to make it a little easier for Canadian businesses to grow their businesses online. Teaming up with RBC Royal Bank, we’re launching
AdWords Business Credit
in Canada, offering small and medium-sized business a credit card specifically for AdWords that will help them pay for their AdWords campaigns and track their spending.
For over a decade, AdWords has helped businesses of all sizes grow – by helping promote local businesses to the millions of people that search the web everyday for information about their favorite restaurant, their next purchase, or the service providers they need for their cars, their homes, their work.
As
Tom Hutchinson
, Google’s Vice-President Finance, explains: “We’ve consistently heard from small businesses that affordable access to credit is an important piece in growing their online presence, and ultimately, growing their business.”
“Small businesses need to be visible where consumers choose to be, so investing in an online presence is fundamental to attracting new customers and staying competitive,” says
Richard Thomas
, head, Business Credit Cards, RBC. “With AdWords Business Credit, business owners can capitalize on the benefits of online advertising, while freeing up cash flow.”
Here are a few details about the cards:
In Canada, AdWords Business Credit will have an 11.99% interest rate, with no annual fees.
RBC Royal Bank will be issuing the MasterCard.
AdWords Business Credit can only be used for online AdWords advertising purchases.
AdWords Business Credit comes to Canada after successful programs in the US and UK, where feedback from participating businesses has been overwhelmingly positive. In Canada, nearly half of small business owners we surveyed reported that they had to restrict AdWords campaigns to fund other business expenses, and half reported experiencing cash flow issues that could be improved with better access to credit. That’s where AdWords Business Credit can make a difference to these SMBs.
So if you’re a small business looking to grow your business online, be sure to have a look at these helpful resources:
Google’s
guide for small businesses
looking to start an AdWords campaign
Take Google’s short
Online Marketing 101
course to learn the basics of online advertising
Our Google Partners program to help you
find a trusted online expert
to help your business
Every day, AdWords enables more than one million businesses connect with their customers online. We hope that as part of these resources,
AdWords Business Credit
will give Canadian businesses more flexibility—some ‘extra credit’—so they're able to focus on growing their businesses even further.
Posted by Sophie Chesters, Head of Marketing, Google Canada
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