Fast approvals and funding
SharpShooter Funding
5.49% - 22.79%
APR
$1,000 - $300,000
Loan amount
6 - 60 months
Loan term
SharpShooter Funding offers fast loans and high loan amounts to businesses that meet basic eligibility criteria. It serves all of Canada. You can borrow up to $300,000 with no need for collateral, and your loan decision will be based on your overall business health rather than your credit score. Most loans are approved in as little as 24 hours, with funding disbursed in 2 to 3 days.
It is. SharpShooter has been providing business loans in Canada since 2015 and has an office in Toronto, Ontario. It is a member of the Canadian Lenders Association and has been quoted in the news.
SharpShooter offers the following benefits:
Keep an eye out for the following drawbacks when considering a SharpShooter business loan:
SharpShooter reviews have been mostly positive. Many people have commented on SharpShooter’s friendly, professional and supportive team. It received a couple of reviews about bad service in the last 12 months.
| Feature | Details |
|---|---|
| BBB accredited | No |
| BBB rating | Not available |
| BBB customer reviews | Not available |
| Trustpilot score | Not available |
| Google rating | 4.8 out of 5, based on 67 reviews |
| Customer reviews verified as of | October 19, 2022 |
SharpShooter Funding offers a number of different loans based on the needs of your business. They include the following:
| Type | Best for | How it works |
|---|---|---|
| Long term business loan | Covering a large, one-time expense | Borrow a lump sum and pay it back plus interest |
| Short term business loan | Covering small, irregular expenses | Borrow a smaller amount and pay it back plus interest |
| Bank only EFT program | Businesses that don’t process credit cards | Access money and pay it back based on a portion of your revenue |
| Merchant cash advance | Funding daily expenses with future credit/debit sales income | Use a portion of your daily credit/debit card sales to pay back your loan |
| Working capital loans | Paying for smaller, short-term expenses | Get a short-term injection of cash and pay it back within 12 months |
| Business bridge funding | Paying for smaller, short-term expenses | Borrow money and pay it back within 12 months |
| Business expansion funding | Expenses related to growing your business | Use funding to expand your business and pay it back with business revenue over the long term |
| Business line of credit | Ongoing expenses or extra financing for seasonal lulls | Access revolving funds and only pay interest on what you use |
You may be able to qualify for SharpShooter business loans if you meet the following eligibility criteria:
If you think that a SharpShooter Funding loan could be a suitable fit for your business, it’s easy to apply online in a couple of easy steps.
Once you get a SharpShooter business loan, you’ll need to start making repayments out of your business account based on the terms of your loan contract. For further information about your loan, you can contact SharpShooter Funding 7 days a week by sending an email to its business account or by calling its customer service line.
→ Didn’t get approved? Compare other business financing options with our guide to business loans
SharpShooter Funding lets you borrow reasonably large amounts for your business with fewer eligibility criteria. You can apply for funding and get approved in less than 24 hours, all from the comfort of your own home. You don’t need good credit to qualify for many types of business loans and you won’t need to put up collateral to secure the money you borrow.
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