Compare Small Business Loans In Canada
Achieve your business goals by securing the funds you need.
Fund Your Business
Many businesses in today’s economy need liquidity to continue operating without stress or risk of default. Allow us at LendingArch to connect you with a small business lender that will have the highest chance of approval, so you can get the funds you need to continue growing your business.
Expand Your Business
Lots of businesses don’t realize that by applying for a small business loan, you can re-invest into expansion, and increase your overall revenues. Think of it as a term loan, for a better future. Our recommended providers will analyze your business, and give you the money you need, on terms that suit you best.
Frequently Asked Questions
Generally businesses can qualify for either term loans or a line of credit. Term loans give you a lump sum payment upfront, whereas a line of credit is available to you whenever you need, but it isn’t acquiring interest until you pull it out.
This depends on the lender you choose and your businesses overall health and revenues. That being said, many online lenders will lend up to $500,000.
Some of the basic requirements you’ll be met with are having a registered business, that you’ve been in business for over 6 months, and that you’re monthly revenue exceeds $10,000 per month.
Business lenders understand that sometimes you need the money FAST. That’s why you can get funded in as little as 24 hours.