Business
A Peek Into the Future of In-House Real Estate Financing with Christopher Aubin
Traditional lending practices often fall short, as evidenced by the 2008 housing crisis, as well as the current state of the real estate market. To help the everyday American finance their dream home, one company has adopted a strategy that may be the very future of real estate loans.
Anchor State Investments, led by CEO Christopher Aubin, offers a powerful solution through in-house financing.
Anchor State: Redefining Real Estate Financing
Aubin, a former Marine turned real estate mogul, founded Anchor State Investments with the mission to make homeownership accessible for all, especially those often overlooked by wider society, such as his fellow servicemen. The company’s strategy is an overarching one, combining property rehabilitation, financial education, and most notably, highly flexible capital options.
“We’re here to change lives by providing opportunities that traditional lenders often avoid,” Aubin states. “We aim to keep things hassle-free, quick, and fair. If you’re looking at rental property investment, exploring opportunities in fixer-upper projects, or embarking on new construction ventures, Anchor State’s got your back.“
Anchor State’s financing program is designed to offer fair, transparent lending options to those who may not qualify for the strict requirements of conventional mortgages. Providing competitive interest rates, flexible terms, and personalized financial counseling, the company hopes to revitalize homeownership as a concept itself.
Current Strategies and the Rise of In-House Financing
Traditionally, real estate purchases have been financed through banks, credit unions, and government-backed loans. However, these options often come with strict requirements, lengthy processes, and potentially predatory terms. In-house financing, on the other hand, offers a more streamlined and individualized option.
According to a recent study by the National Association of Realtors, in-house financing accounted for 12% of all real estate transactions in 2023, up from just 5% in 2020. This growth can be attributed to the increasing demand for flexible, accessible financing options.
“In-house financing is the future of real estate,” Aubin predicts. “By 2030, we expect it to be the primary financing method for at least 30% of all home purchases. Anchor State will lead the way.“
The Advantages of In-House Financing
In-house financing offers quite a number of benefits over traditional lending methods. First, in-house lenders can customize loan terms to fit individual needs, considering factors beyond just credit scores. Second, the application and approval process is often faster, as it’s handled directly by the real estate company. Third, in-house financing can provide opportunities for those with less-than-perfect credit or non-traditional income sources.
“Our goal is to say ‘yes’ when banks say ‘no,’” Aubin explains. “We believe everyone deserves a chance at homeownership, and in-house financing makes that possible.“
Anchor State’s in-house financing program has already made a significant impact. In 2023, the company financed over 150 home purchases, with an average interest rate 1.5% lower than the national average. Additionally, 90% of Anchor State’s in-house borrowers reported feeling more financially secure and empowered as homeowners.
With the affordable housing crisis impacting millions of families across the country, in-house financing is one of the most powerful solutions available to the average citizen. By 2025, the U.S. housing market is projected to need an additional 2.5 million affordable homes – many of which are financially out of reach for the average American.
“The future of real estate isn’t just in the hands of major developers,” Aubin concludes. “It has to be about people, about strengthening communities, and creating a path to financial freedom. That’s what in-house financing represents, and that’s what Anchor State is all about.“
Business
Why Multi-Province Payroll Compliance Is the Hidden Challenge Canadian SMBs Face and How Folks Solves It
Byline: Shem Albert
Running payroll in Canada can feel like crossing a country stitched from many different fabrics. Each province weaves its own pattern of tax rules, leave policies, and benefit requirements, creating a landscape where a single misstep can ripple through every paycheck. For small and mid-sized businesses, the challenge often remains hidden until growth pushes hiring beyond provincial borders or brings remote workers into the fold. What seems like a routine back-office task quickly becomes a test of accuracy, timing, and local knowledge. This is the gap that Folks set out to close, offering a way for employers to navigate Canada’s regulatory patchwork without slowing their momentum.
Provincial Rules Add Complexity
Canada’s payroll environment varies sharply by province. Federal rules set the foundation, but provincial tax rates, deductions, statutory leave entitlements, and benefit premiums add layers of complexity that employers must monitor carefully. Small and mid-sized businesses with staff across provinces or remote employees face different tax tables, reporting deadlines, and leave calculations that directly affect pay accuracy and remittance schedules.
Folks built its payroll module to address these differences. The platform calculates the correct provincial tax rates and deductions for each employee, applying updates automatically so employers avoid misapplied withholdings or late filings. Multi-location tax management allows a company with workers in Ontario, Quebec, or several other provinces to process payroll without creating separate accounts for each jurisdiction. Bilingual functionality in English and French and secure Canadian data hosting support compliance while keeping employee records accessible across language and regional boundaries.
Unified Records Improve Accuracy
Payroll errors often stem from mismatched employee data. Changes in pay rates, banking details, or benefits eligibility may not align between HR and finance systems, creating incorrect deductions or delayed payments. Smaller teams juggling separate platforms spend valuable hours reconciling information instead of focusing on strategic work.
Folks resolves these issues by combining HR and payroll in one platform. Updates to wages, hours, or tax information entered on the HR side flow directly into payroll without re-entry. This single, verified record strengthens the accuracy of every payroll run and ensures employees receive the correct pay and deductions. By removing the need for repetitive administrative work, HR staff can redirect their time to tasks that support growth and employee engagement.
Automation Keeps Provinces in Step
Each province sets its own requirements for holiday pay, pay frequency, and statutory benefits, making manual calculations both time-consuming and error-prone. Businesses that expand or hire remote employees must keep pace with shifting provincial regulations or risk penalties and audit issues.
Folks address these demands with automation designed for Canada’s regulatory landscape. Pay statements, deduction calculations, and custom pay schedules follow the applicable provincial rules without extra configuration. The system’s automated updates mean that a company hiring staff in British Columbia or Quebec can meet local payroll standards without adding new layers of setup or monitoring. Employers gain the ability to expand into new regions while maintaining accurate, on-time pay.
Reporting Strengthens Compliance
Changing tax rates and reporting requirements require ongoing attention from HR and finance teams. Companies that rely on disconnected systems risk missing a provincial update or submitting incorrect remittances, which can lead to fines and interest charges.
Folks provides detailed reporting tools that compile payroll, deductions, and benefits information across all locations. Employers can generate clear remittance and deduction summaries, simplifying the process of meeting provincial filing requirements. For organizations that want additional guidance, Folks also offers a payroll management service that brings in-house specialists to assist with configuration, compliance, and regular updates. These reporting features help companies stay audit-ready and avoid costly compliance gaps.
Scalable Payroll for Expanding Businesses
Many small businesses begin in a single province, where local tax and payroll demands can be learned over time. Growth into new provinces or the decision to hire remote staff adds a level of complexity that manual processes cannot handle efficiently. Errors multiply, compliance risks rise, and payroll teams spend more time correcting mistakes than supporting expansion plans.
Folks provides payroll that scales with company growth. Provincial tax logic, automated deductions, bilingual support, and secure Canadian data storage are built directly into the platform. By maintaining an accurate employee record and applying province-specific rules automatically, the system allows Canadian SMBs to expand with fewer administrative surprises and more predictable payroll operations. Companies gain the stability of compliant payroll across provinces while controlling the time and costs that typically accompany multi-jurisdiction growth.
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