Small Business Loans in Canada

There are over 1.3 small businesses in Canada, with nearly 35,000 new enterprises launched every year. Keep your business on the cutting edge and stand out from your competition with up to $500,000 in funding from Greenbox Capital® in just 24 hours.

Fast, Direct Canada Small Business Loans

The outlook for Canadian small businesses is bright. Competition is fierce in many industries, and it’s crucial for small businesses in every niche to differentiate themselves to stay ahead of their competition and continue to grow and succeed. 

Sometimes, your business needs an infusion of working capital to improve or expand. Government grants are available, but they are often restricted to specific industries or certain regions of the country. Loans from traditional lenders can also be difficult to obtain—the application process can take months and requires extensive paperwork, all with no guarantee of approval. In the meantime, opportunities to grow your business can quickly melt away while you wait. 

Canada Small Business Funding Solutions

As a direct alternative lender, Greenbox Capital can approve more loans for Canadian small businesses, often in as little as one business day. We offer a number of funding options for businesses in Canada. Greenbox Capital can fund businesses in all provinces except Saskatchewan.

Merchant Cash Advance

You’ll receive working capital now, and we’ll receive a percentage of your daily or weekly credit card sales until the terms of the advance have been met. Ideal for businesses with a high volume of credit card sales.

Merchant Cash Advance

Small Business Loan

Our business capital loans are typically between $20,000 and $60,000, but start as low as $3,000 and reach as high as $500,000 depending on the needs of your business. Ideal for businesses seeking short-term financing to grow.

Small Business Loan

Collateral Loan

A secured loan that uses commercial real estate to reduce the cost of the loan. Ideal for businesses looking for longer-term funding options.

Collateral Loan

Business Line of Credit

Borrow as much or as little as you need, draw and repay as you go, and pay interest only on the portion of money you borrow. Ideal for businesses looking for flexible funding.

Business Line of Credit

Invoice Factoring

Sell us your outstanding invoices at a discounted price in exchange for the net amount in cash. We’ll send you the remainder of the invoices’ value when your customer makes payment (minus our fee). Ideal for businesses with long accounts receivable periods.

Invoice Factoring

Direct Funding for Canadian Small Businesses

The best candidates for small business funding with low credit are prepared with a firm understanding of how much funding they need, what they plan to do with it, and how they plan to repay it.

Our friendly, expert Funding Advisors will work closely with you to determine which funding option will help you achieve your goals without compromising your cash flow. 

Learn more about our funding options

Will Your Business Qualify?

Your business’s credit score is just one part of the picture. That’s why approval for small business loans from Greenbox Capital is based on the overall health of your business. Here are some factors we consider:

  • Business revenue
  • Cash flow
  • Vendor payment history
  • Years in business
  • Public records

How Canada Small Business Loans Work

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    Submit your 1-page application

    After you submit your application, a Funding Advisor will reach out to you within 1 hour (during regular business hours) to discuss your options.

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    Choose your funding

    Your Funding Advisor will work closely with you to determine which small business funding option will help you achieve your goals without compromising cash flow.

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    Get funded

    Once you and your Funding Advisor determine what funding option will work best for your automotive dealer, your funding can be approved and deposited within 24 hours.

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    Repay your funding

    Repayment terms will depend on what kind of small business working capital loan you use. Terms are set in advance so you know what to expect and can plan accordingly.

Why Get Funded by Greenbox Capital?

Government grants are restrictive and funding from traditional lenders is difficult to obtain. With Greenbox Capital’s faster, streamlined application and approval process, you can get a business loan in Canada in just 24 hours. We provide responsible funding, and will never over-leverage your business by giving you more funding than you can handle. And if you have any questions along the way, our Funding Advisors will be standing by to offer support.