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Small business resources for growth, expansion and profitability

Find what you need to successfully manage and grow your small business.

Being a small business owner can be an exciting venture, and one of the best parts about owning a small business is that you’re in full control. You get to call the shots when it comes to marketing your business and you directly contribute to its growth and expansion. The reward is not only in the form of profit, but also from serving and delivering a quality product or service you believe in.

You probably already know that getting established and having a set plan of operation are two major components that will help get your business off to a good start. Check out our detailed resources to help you along the way.

What do you want to learn about first?

Managing a successful small business is hard work

What you have taken on is not easy. There will be many hardships you will have to endure and the time will come when you will seriously wonder if it’s all worthwhile. When these occasions come about, remember that you are not alone and there are many institutions set up to assist you. So, swallow your pride and take advantage of what is offered.

What to consider before starting a business

Making sure that you’re starting a business that serves a need and is eligible for financing is key to making sure that your new business will be a success.

1. What it has to offer

You must find out whether people will buy the product or service you intend to offer. Have a good look at any competition you will come up against and ensure that the market you’ll be working in will be big enough to sustain your ongoing profitability.

2. How much it will cost

The amount of financing you need will depend on the type of business you intend pursuing. It’s often best if you start small and allow your business to force any growth in its own right.

If you have the patience to do this, you will minimize any risk of getting too big too early and having your legs cut off beneath you before you even get properly started. The less money you borrow to get your business started, the better position you will be in to stave off any low income periods you come to experience.

3. Market research

There are two types of market research for you to undertake: primary and secondary. Primary research will involve doing survey work, interviews of likely customers and taking to other businesses to ascertain the level of support your business would be likely to receive once you’ve got it up and running. Secondary research is what you do when you look into what others have already done such as that found in trade publications and government statistics.

Ready to get started? Apply for a business loan today

Name Product Interest Rate Loan Amount Loan Term Minimum Revenue Minimum Time in Business Loans Offered
SharpShooter Funding Business Loan
Prime pricing from 9.00%
$500 - $250,000
6 - 120 months
$10,000 /month
100 days
Unsecured Term, Merchant Cash Advance, Invoice Factoring
To be eligible, you must have been in business for at least 100 days with a minimum of $10,000 in monthly deposits.

SharpShooter provides capital to small businesses that are underserved by banks and credit unions. It measures overall business health and potential rather than focusing strictly on traditional metrics. Fill out a simple application and get pre-approved in minutes. Receive your funds within 24 hours.
Swoop Funding Business Loan
4.00% - 25.00%
$1,000 - $5,000,000
3 - 60 months
$10,000 /month
24 months
Term, MCA, LOC & more
To be eligible, you must have been in business for at least 24 months and have a minimum of $100,000 in annual revenue.

Swoop partners with banks and alternative lenders to match your business with the right funding options. Register for free and browse your offers without affecting your credit score.
Lending Loop Business Loan
Starting at 4.96%
$10,000 - $500,000
3 - 60 months
$8,500 /month
12 months
P2P
To be eligible, you must have been in business for at least 12 months and have a minimum of $100,000 in annual revenue.

Lending Loop is Canada’s first regulated peer-to-peer lending platform. Complete an application in 5 minutes. Once you accept your loan offer, investors will begin to fund your loan on the marketplace. Your loan will be transferred to your bank account when it is fully funded.
OnDeck Business Loan
8.00% – 29.00%
$5,000 - $300,000
6 - 18 months
$10,000 /month
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 monthly revenue of $10,000.

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.
Loans Canada Business Loan
Prime Pricing from 9.00%
$2,000 - $350,000
3 - 60 months
$4,166 /month
100 days
Unsecured Term
To be eligible, you must have been in business for at least 100 days, have a credit score of 410+ and show a minimum of $4,166 in monthly deposits ($50,000/year).

Loans Canada connects Canadian small business owners to lenders offering financing up to $350,000. Complete one simple online application and get matched with your loan options.
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