Business Loans

Capital for Canadian businesses — without the bank runaround.

Working capital, term loans, BDC-partner financing, equipment leases, and real-estate-secured business loans. We shop the entire Canadian SME lender network so you only have to apply once.

Fund in 7-21 days·30+ SME lender partners· FSRA Licensed #13737

TL;DR

Need $25k-$5M for working capital, growth, or equipment? We map your file across 30+ Canadian SME lenders (banks, monolines, BDC, alt-A, private). Most files close in 7-21 days. No-pull pre-qualification, full fee disclosure, and an advisor who picks up the phone.

No-pull pre-qual Written quotes $0 to you

$1.8B

Total funded volume

30+

SME lender partners

7-21d

Typical close window

5★

Five-star reviewed

What we arrange

Eight ways to fund your business.

Not every business needs the same product. We start by understanding the use of funds, then match you to the lender and structure that wins on rate AND terms.

Working Capital

Revolving lines of credit secured against revenue. Pay interest on what you draw.

$25k – $250k5-10 days

Term Loans

Fixed-amount, fixed-term capital for growth, expansion, or acquisitions. 1-7 year amortization.

$100k – $5M14-21 days

Real-Estate-Secured

Use your owner-occupied commercial or residential as collateral for a lower-rate business line.

$200k – $5M21-35 days

Equipment Financing

Leases or term loans for vehicles, machinery, technology, dental, restaurant fit-outs.

$10k – $2M7-14 days

BDC Partnership Loans

Below-market rates via the Business Development Bank of Canada. We handle the application.

$100k – $5M21-35 days

Acquisition Financing

Funding to buy out a partner, acquire a competitor, or roll-up adjacent SMEs.

$250k – $5M+30-60 days

Receivables Factoring

Convert outstanding A/R into immediate cash at 1-3% per 30 days, no debt on books.

$25k – $1M5-7 days

MCA Alternatives

Better-priced alternatives to merchant cash advances. No daily card-swipe holdback.

$25k – $500k5-10 days

Industries we know

We know your industry's quirks.

Lenders price based on industry codes (NAICS). Knowing which lenders are appetite-friendly to your sector saves rate and avoids declines.

🏗️

Construction & Trades

Project-based cashflow lending

🍽️

Restaurants & Hospitality

Seasonal-aware structures

🏥

Medical & Dental

Equipment + buy-in financing

💻

Technology & SaaS

Recurring-revenue underwriting

🏭

Manufacturing

Equipment + receivables stack

🚚

Transportation & Logistics

Fleet financing + working capital

🛒

Retail & E-commerce

Inventory-backed lines

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Professional Services

AR-friendly working capital

How it works

Five steps. No bank runaround.

From "I need capital" to funded — typically two to three weeks. Faster on simpler files, slower on complex secured deals.

5-minute intake

We scope use-of-funds, revenue, time-in-business, collateral. No credit pull.

Lender shortlist

Within 24-48h: 3-4 lenders sized for your file with rate ranges and conditions.

Document pull

Tight checklist — banking, financials, ID, property/equipment if applicable.

Term sheets

Written quotes from selected lenders. Side-by-side comparison.

Funded

You sign. Funds disburse to your business account or to a third party.

Why a broker beats your bank

Your bank knows one lender. We know thirty.

Capability

Mortgage Squad Advisors

Your bank

Lenders shopped

30+ across all asset types

Time to first quote

24-48 hours

2-3 weeks

BDC partnership financing

Yes — pre-vetted relationships

Sometimes, slower process

Real-estate-secured business loans

Up to 80% LTV from MIC partners + A-lenders

Limited

Equipment financing

Lease vs loan modelled both ways

Loan only

Industry-friendly lenders

Matched by NAICS code

One blanket policy

Cost to you

$0 — lenders pay finder fees on funded files

Origination fees + legal

"We needed $480k of working capital to take on a major contract. Our bank wanted six weeks and a personal guarantee for the full amount. Mortgage Squad Advisors shopped six lenders, came back with three written quotes in 36 hours, and we closed an unsecured line in 11 days at a rate below what our bank quoted. The contract delivered — and we kept growing."

— Karim S., Owner, Industrial Coatings Inc., Mississauga ON

What are the main types of business financing in Canada?

There is no single “business loan” — there are several distinct products, and matching the right one to the use of funds is what saves you money. A term loan advances a lump sum repaid over a fixed amortization, ideal for expansion, acquisitions, or one-time growth costs. An operating line of credit is revolving capital you draw and repay as cash flow swings, charging interest only on the balance outstanding — built for payroll, inventory, and seasonality. Equipment financing funds vehicles, machinery, or technology with the asset itself as security, often structured as a lease or a term loan. A commercial mortgage finances owner-occupied or investment real estate over longer amortizations at lower rates. And working-capital facilities — receivables financing, short-term advances — bridge timing gaps. The discipline is matching product to need: never fund a permanent asset with a short-term line, or a temporary gap with a multi-year loan.

What is the Canada Small Business Financing Program (CSBFP)?

The Canada Small Business Financing Program is a federal program administered by Innovation, Science and Economic Development Canada that helps small businesses access financing they might not otherwise obtain. It works by sharing the lender’s risk: the government guarantees a portion of eligible loans, so banks and credit unions can say yes to files they would otherwise decline. CSBFP funds three broad categories — equipment, leasehold improvements (renovating a leased space), and real property (commercial land and buildings) — rather than general working capital or inventory. Generally, for-profit small businesses operating or planned to operate in Canada with gross annual revenues at or below the program’s threshold can qualify; the lender, not the government, makes the credit decision and administers the loan. Because the program is lender-delivered, the right introduction matters — we know which institutions actively write CSBFP loans and how to package a file so it qualifies.

How do lenders assess a business loan application?

Lenders underwrite a business on a handful of pillars. The first is cash flow and debt service — they model whether your earnings comfortably cover the new payment, usually expressed as a debt service coverage ratio (DSCR); most want coverage meaningfully above 1.0. Next is time in business: established operators with two or more years of financials are lower risk than start-ups, which shifts terms and security. Credit matters on both sides — the business’s payment history and the owner’s personal bureau. Lenders scrutinize the use of funds, because productive, revenue-generating purposes underwrite far more easily than refinancing losses. Finally, security and personal guarantees: collateral such as equipment, receivables, or real estate lowers the lender’s exposure, and owners are typically asked to sign a personal guarantee. Strengthening any one of these pillars — clean financials, a clear funds story, supporting collateral — directly improves the rate and limit you’re offered.

Secured vs unsecured business loans — and where do private lenders fit?

A secured loan is backed by collateral — real estate, equipment, or receivables — which lowers the lender’s risk and, in turn, your rate and amortization. An unsecured loan relies on cash flow and the owner’s guarantee alone; it funds faster and keeps assets unencumbered, but prices higher and caps lower. The trade-off is almost always speed versus cost: the cheapest capital takes the most documentation and time, while the fastest capital costs more. This is where private and alternative lenders earn their place — they move in days, look past a bank decline, and fund situations banks won’t, at a premium you pay deliberately and temporarily. One of the most efficient structures we arrange uses real-estate equity to secure cheaper business capital: borrowing against a building or owner-occupied property converts a high-rate unsecured need into a lower-rate secured facility, often saving thousands a year.

Why use a commercial mortgage broker for a business loan?

Your bank can offer you its own products; a broker offers the whole market. Through our commercial desk we map your file across 100+ lenders — chartered banks, credit unions, BDC-style and program lenders such as the CSBFP, and private capital — then structure across them so each layer does what it does best. That might mean a bank term loan for the bulk, an operating line for seasonality, and a private bridge to close a timing gap, all coordinated. The broker advantage is matching your business to the right lender and program rather than forcing it into one institution’s box, and knowing in advance which lenders favour your industry, revenue profile, and use of funds. As an FSRA-licensed brokerage (#13737), we disclose every fee in writing before you sign, and our team serves clients in 50+ languages — so the structure, and the conversation, fit your business.

FAQ

Common questions, answered.

How much can I borrow with a business loan in Canada?

Unsecured working-capital lines typically range from $25,000 to $250,000 depending on revenue and time-in-business. Secured term loans (real estate, equipment, or accounts-receivable backed) can go up to $5M+. We size facilities against your specific cashflow and collateral position rather than applying a one-size-fits-all cap.

How fast can a business loan close?

Working-capital lines and merchant cash-advance alternatives typically fund in 5-10 business days once documents are in. Secured term loans (real-estate or equipment-backed) close in 14-21 days. Power-of-sale and emergency bridge needs can close in 7-14 days through our private lender network.

Do I need to put up my home as collateral?

Not necessarily. Many of our SME clients qualify for unsecured working-capital lines based on revenue and time-in-business alone. Real-estate collateralization is one option among several — we use it only when the math improves materially (lower rate, longer amortization, larger limit).

What documents do I need to apply?

For unsecured: 6 months of business banking, year-to-date P&L, two years of T2 corporate financials (or T1 + T2125 for sole props), and government-issued ID. For secured: add property assessment or equipment invoices. We'll send a precise checklist after a 5-minute intake — usually shorter than what your bank asks for.

Will applying hurt my personal credit?

Pre-qualification is no-pull. Most business credit decisions rely primarily on business credit + cashflow, with a soft personal-credit check only at full underwriting. Multiple lender shops are bundled within 14 days by Equifax/TransUnion, so you can compare without taking multiple hits.

What rates can I expect?

Working-capital lines: roughly Prime + 2.5% to Prime + 6% based on file strength. Secured term loans: 6% to 9% on real-estate-backed, 7% to 12% on equipment, 8% to 14% on receivables. BDC partnership financing prices below market for qualified files. We disclose every quote in writing before you sign.

Can you help if my bank already declined me?

Yes — that's a meaningful share of the files we close. Bank declines often happen for structural reasons (industry code, time-in-business, missing GAAP financials) that alternative lenders treat differently. We have established relationships with 30+ alt lenders specifically for these scenarios.

Do you work with start-ups under 2 years?

Yes — though structures shift. Under 2 years usually means stronger personal guarantees, BDC start-up financing programs, equipment-secured term loans, or owner-occupied commercial real-estate paths. We've placed many sub-2-year files; we just structure them differently from mature businesses.

Talk to a senior broker today.

5-minute call. No credit pull. Real lender shortlist within 48 hours.