Business Loans Canada - Fuel Your Growth
Access $10,000 to $2 million in business financing with rates from 6.99%. Working capital, equipment, expansion - funded in 24-48 hours.
Fast Funding
Get funds in 24-48 hours
$10K - $2M
Flexible loan amounts for any business
Revenue-Based
Approval based on cash flow, not just credit
Any Industry
All business types and sectors welcome
Business loans provide Canadian entrepreneurs and companies with the capital needed to start, operate, or expand their businesses. Unlike personal loans, business loans are specifically designed for commercial purposes and take into account your business revenue, cash flow, and growth potential - not just personal credit.
Whether you're a startup needing initial capital, an established business expanding to new locations, or a seasonal business managing cash flow, there's a business loan solution that fits your needs. Canadian lenders offer amounts from $10,000 to over $2 million with flexible repayment terms.
Types of Business Financing Available
Working Capital Loans
Cover day-to-day operating expenses, payroll, inventory, and seasonal cash flow gaps
Equipment Financing
Purchase machinery, vehicles, technology, or office equipment with 100% financing
Business Line of Credit
Revolving credit for ongoing business needs. Draw funds as needed and only pay interest on what you use
Merchant Cash Advance
Based on future credit card sales. Fast funding for retail and restaurant businesses
Business Loan Qualification Requirements
- Time in Business: Minimum 6 months operating history (some lenders accept startups)
- Monthly Revenue: Minimum $10,000/month gross revenue
- Business Registration: Registered Canadian business (sole proprietorship, partnership, or corporation)
- Credit Score: Personal credit of 550+ (some lenders more flexible)
- Business Bank Account: Active business banking relationship
Industries We Finance
How fast can I get business funding in Canada?
Most businesses receive funding within 24-48 hours of approval. Some lenders specializing in merchant cash advances can fund the same day. The application takes just 10 minutes, and you'll typically receive a decision within a few hours.
Can startups qualify for business loans?
Yes! Businesses operating for at least 6 months can qualify. For newer businesses, lenders look at factors like revenue trajectory, business plan, owner's credit score, and industry experience. Some lenders even work with businesses that haven't launched yet if the owner has strong credentials.
Do I need collateral for a business loan?
Not always. Many business loans are unsecured and based on your revenue and cash flow. However, secured loans backed by equipment, inventory, or real estate typically offer lower rates and higher amounts. We offer both secured and unsecured options.
What's the difference between a business loan and a business line of credit?
A business term loan provides a lump sum upfront with fixed monthly payments. A line of credit is revolving - you draw funds as needed up to a limit and only pay interest on what you use. Lines of credit are better for ongoing expenses; term loans are better for one-time purchases or investments.
- Business registration/incorporation docs
- 3-6 months business bank statements
- Financial statements (P&L, balance sheet)
- Tax returns (last 2 years)
- Personal ID and credit check
Minimum:
$10,000
Maximum:
$2,000,000
Interest Rates:
From 6.99% APR
Terms:
3 months - 10 years
Approval Time:
4-24 hours
- Equipment & machinery
- Inventory & supplies
- Business expansion
- Marketing campaigns
- Hiring & payroll
- Real estate purchase
Apply for Business Financing Today
Fast approval based on your business revenue. Get funded in 24-48 hours.