Canada: Working Capital Loans Fast (And Easy!)

Working Capital Loans for businesses in Canada.

These  include business bank statement loans and small business loans. Quick processing.
Loans for businesses in Quebec. Apply today.

Apply Securely Now

 Call 919-771-4177 for more info.

DocuSign 30 Second Application here.



FAQ Frequently asked Questions

What are the qualifications for a business loan in Canada?

Canadian business with $10,000 or more in monthly revenues, bank balances of at least $1,000 average and limited nsf history have excellent programs to get approvals under.

Can we still be approved with bad credit?

Very low fico scores and bad credit programs are available for Canadian companies. Credit scores as low as 500 and below can qualify for a line that can be renewed and borrowed against continuously.

Can businesses in Quebec get a loan?

There are several programs available for businesses in Quebec for many industry types. Approvals can be obtained within 2 to 4 hours and funding into the business checking account within 24 to 48 hours.

Can we get a 2nd loan if we already have an existing loan?

You can get a second business loan for a Canadian company in addition to your existing loan. This is called a 2nd position
and you will be approved for the maximum amount and payments the business can afford.

Canadian cash flow loan choices

These are based on the company’s business cash flow.  The company needs to have the following:
– $10,000 per Month or more in total deposits each of the most recent 3 months.
– 5 or more separate deposits per month.
– An average daily balance of $1,500 or more.   This bank statement loan for companies in
Canada is available to most Canadian companies.

Canadian accounts receivables financing

Businesses that have provided goods and services to another business.   The company then issues an invoice.   These businesses can get an advance against that invoice.   An advance can be a paid to the company waiting to get paid on the invoice.   The advance percentage is normally 70% to 80% of the amount of the invoice.

Canadian businesses can use their sales and equipment to get funding.  Most Canadian businesses have sales or equipment.  Many will qualify.

Good news for companies in Canada.  Lenders in Canada offer mostly traditional bank business loans.   These loans are difficult to get approved for.   Alternative loans will give Canadian companies more ways to correct cash flow issues.   They are also known as business loans in Canada or business loans for companies in Canada.

Go to the SBA for assistance with business plans and financial statements.

Business Loans for Canadian Companies