Small Business Loan
- Advertised amount
- Homepage currently emphasizes C$10,000–C$500,000. Some sections and the product-page headline still show C$500–C$300,000; obtain a current written limit.
- Terms and payments
- Homepage lists 3, 4, 6, 9, 12 or 18 months; 24 months depends on eligibility. Daily or weekly payments.
- Entry screen
- Canada-based corporate entity, business bank account, 6 months operating, C$120,000 annual revenue and 600+ credit score. Approval is conditional.
- Documentation
- Business details and bank connection or six months of bank statements.
- Cost
- Promotional 3.9% is described as cents per dollar borrowed, not APR; reduced pricing is conditional. Obtain the full cost for each draw.
- Security
- Help centre says a general business lien and personal guarantee are required.
- Early repayment
- Help centre allows partial or full lump-sum repayment after 50% has been paid down; interest savings depend on conditions.
- Credit inquiry
- Help centre describes soft application inquiry and hard inquiry on first draw.
Provider sources: Current homepage · Small business loan · Security FAQ · Early repayment FAQ · Credit inquiry FAQ


