What type of alternative business loans can I get in Canada?
Canadian Business bank statement loans
Canadian companies can find alternative working capital loans available in the United States.
Another option is a business bank statement loan.
The company’s business cash flow is how they can qualify. Because of this, the business needs to have the following:
- $10,000 per Month in deposits each of the last 3 months.
- 5 or more deposits per month.
- An average daily balance of $1,500 or more.
How do I qualify for a business loan in Canada?
Review the alternative business loans for businesses in Canada on this page. Decide which option you may qualify for. Complete the Online application above or call and talk to a representative and discuss which loan option might be best for your business.
Canadian Accounts Receivables financing
After a Company’s products have been delivered or services rendered to another company, they send an invoice for payment. Canadian Accounts Receivables financing funds about 75% of the face value of the invoice is paid immediately to the company issuing the Invoice. When the paying company pays the invoice, the last 25% is paid minus a service fee. As a result, the company’s cash flow is accelerated by 100% during the year
FAQ Frequently asked Canadian business loan questions and requests
Can I get a business loan in Quebec?
We have excellent options for businesses in Quebec. Terms between 3 and 9 months with competitive rates and fast funding.
Amounts range from $10,000 as high as $500,000 for Canadian companies. Establish a relationship now for easy future funding. Underwriting offers fast renewal funding options. Apply above.
Canadian small business loans. Get easy and fast alternative business loans for businesses in Canada. Short 30 second Application.