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Find a business lender in this A-to-Z directory

Compare rates, fees and terms from top providers to get the financing your business needs.

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Emma Balmforth

Updated Feb 11, 2021

Fact checked

Whether you want financing to purchase new equipment, open a new location or just improve your business’s cash flow, you can read reviews and compare a variety of lenders below to find the most competitive rates and terms. You can apply for a range of different financing types including term loans, secured and unsecured loans, lines of credit and equipment financing.

Before applying for a loan, make sure your business meets the eligibility requirements. You’ll typically need to meet a minimum annual revenue and time in business requirement, as well as any personal credit score requirements.

2m7 Financial Solutions

Bank of Montreal

Driven

EconoLease

Greenbox Capital

HSBC

Jeeves

Merchant Growth

OnDeck

Compare business loans in Canada

1 - 3 of 3

Name	Interest Rate	Loan Amount	Loan Term	Minimum Revenue	Minimum Time in Business	Loans Offered
OnDeck Business Loan	9.99% – 29.00%	$5,000 - $300,000	6 - 18 months	$100,000/year	6+ months	Secured Term, Line of Credit, Merchant Cash Advance	To be eligible, you must have been in business for at least 6 months with a minimum annual gross revenue of $100,000. OnDeck offers fast and simple financing. Apply in less than 10 minutes with your basic business information and see your loan offers without hurting your credit score. Get approved within 1 business day, and choose your term, amount and payback schedule once approved.	Go to site More Info	Compare	loading Fetching your data...
Loans Canada Business Loan	6.60% - 29.00%	$4,000 - $500,000	3 - 60 months	over $10,000/month	100 days	Unsecured Term	To be eligible, you must have been in business for at least 100 days, have a Canadian business bank account and show a minimum of $10,000 in monthly deposits ($120,000/year). Loans Canada connects Canadian small business owners to lenders offering financing up to $500,000. Complete one simple online application and get matched with your loan options.	Go to site More Info	Compare	loading Fetching your data...
Merchant Growth Business Loan	12.99% - 39.99%	$5,000 - $500,000	3 - 12 months	$10,000 /month	6 months	Unsecured Term, Line of Credit, Merchant Cash Advance	To be eligible, you must have been in business for at least 6 months and have a minimum of $10,000 in monthly sales. Merchant Growth offers financing tailored to business needs. It specializes in providing capital based on future cash flows, but it also offers fixed solutions. Fill out an application within 5 minutes and get your funds within 24 hours.	Go to site More Info	Compare	loading Fetching your data...

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Emma Balmforth

Emma Balmforth is a producer at Finder. She is passionate about helping people make financial decisions that will benefit them now and in the future. She has written for a variety of publications including World Nomads, Trek Effect and Uncharted. Emma has a degree in Business and Psychology from the University of Waterloo. She enjoys backpacking, reading and taking long hikes and road trips with her adventurous dog.

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