LLC
Ways you can tax an LLC.
What are Disregarded, Partnership, S-Corp, C-Corp
What is SBP360?
Small Business Portfolio Tool (PMT on steroids)
What is the NHL team name for Ottawa?
Senators
Scotia One Business Accounts have been replaced with what?
Select Account for Business
What is the color of the sun?
The Sun is a yellow star
Qualifications to Elect S Corp Status
What is: no more than 100 shareholders, US citizen or legal resident, one class of stock, a domestic entity,
partnerships, corporations or non-resident aliens can not be S corporation shareholders
What departments fall under specialty banking?
Franchising
Professionals
RM7
Who won this year's Masters Tournament in Golf but got destroyed in the PGA championship?
Tiger Woods
Max Limit that can be approved on BAE? (Business Account Express)
$100K
What colored stars are the hottest?
Blue Stars have the hottest temperatures
Number of days to file an S election from date of formation or new year.
What is 75
Scotia Connect
Scotia Zero Plan = Zero/mth
This NBA team is also known as the "City of Brotherly Love"
Philadelphia 76ers
Max limit we can go on a Scotia Flex for Small Business?
Max LTV? (+300)
Max: $1MIL
LTV: 65%
What is nuclear fusion?
Small atoms that are combined into larger atoms, releasing huge amounts of energy
What is Running Start for Business?
What are the perks that come with the Running Start for Business Program? (+100/perk) Max 700 points
Intended to attract new business to Scotiabank and should not be actively promoted to existing customers. Special offers only apply to new accounts only.
1) Approve up to $25K in credit
2) Right Size Account for business minimum monthly fee waived for 3 months
3) Account Plan for agriculture, or Scotia Professional Plus Account Plan with monthly plan fee waived for 3 months.
4) Scotia Momentum for business VISA card with the annual fee waived for the first year.
5) Credit Line for business or Credit Line for agriculture with the standard monthly credit facility fee waived for the first five months.
6) Overdraft Protection for business with the standard monthly credit facility fee waived for the first five months.
7) ScotiaLine for business VISA card at Scotiabank prime for the first six months.
1 YR Non-Redeemable at 2.2%
The correct spelling of the first name of the Toronto Raptor's Leading Scorer in the 2019 NBA playoffs?
Kawhi "Leonard"
What are Small Business' 4 Key Segments of Focus?
Franchising, Professional, Agriculture, Skilled Trades
What element is the most abundant in the Sun?
Hydrogen
20% of your Personal SBA Scorecard is dependent on this key metric
Primary Customer Growth
Right now we have 7 VSBAs (Virtual Small Business Advisors). How many will we be expanding to in the near future so all 1000 branches in Canada have coverage?
27
The Correct Spelling of the Last Name of The Milwaukee Bucks star nicknamed "The Greek Freak". Write it down (if it's easier)
"Giannis" Antetokounmpo
How many Franchises do we have under our Franchise Banner?
133
A system that has a planet(s) that orbits 2 suns is called what?
Binary System