Revenue based small business loan options – approval is based on sales history not just credit history

A completely new approach to traditional small business loans, we provide financing to small businesses in Canada where approval is based on the sales history of  the business rather than the personal credit history of the business owner. We have three financing options designed specifically for a variety of business types and sizes.

Term Loan  –  Just like the banks but a lot easier to qualify and a lot faster. We approve over 90% of the applicants for our small business loans – most of them in 1-2 days. Small daily or weekly micropayments make it easier on your cash flow – there’s no big lump sum payment at the end of the month. Just a small, fixed amount that is automatically debited from your account every day or once a week.

Cash Line  – this is a longer term solution with ongoing access to working capital. It’s like a line of credit where you can borrow or “top up” as often as needed and pay down without penalty.

Merchant Cash Advance – this is our most flexible financing where we actually let the client choose the rate. Customers choose the rate (a percentage of daily sales) they feel is manageable for their business.  They also choose the number of months they need to repay. Based on this the total overall cost is determined.  This type of financing is best suited to retailers that have shorter term needs – inventory purchases for example.