MERCHANT GROWTH PRODUCT
Line of Credit
Have the convenience of being able to access cash when your small business needs it!
$5K - $500K
Get funded in as fast as
24hrs
Convenient
Take 5 mins to fill out the application.
Flexible
Merchant Growth products fit the needs of your small business
Fast
How does it work?
The Line of Credit gives small businesses the freedom to access capital when they need it, repay it when they want to, and borrow again.
The Line of Credit has flexible payments, and interest is only paid on what you withdraw. The maximum Line of Credit amount will be 25% of the maximum qualifying amount that your business is eligible for.
What can you use your Line of Credit for?
Get flexible access to cash with a lower initial commitment than term loan.
The Line of Credit is a great product for clients that may not have a large project in the works but want available capital immediately.
It also works as a good auxiliary product for clients already with a Fixed or a Flex product, that would also like access to a Line of Credit. We have seen it put to use for inventory purchases, cashflow, technology upgrades and more!
Minimum Requirements
Minimum eligibility requirements for Merchant Growth small business products
Location
Canada
Monthly Revenue
$10K
Time in Business
6 months
How does it work?
STEP 1
Complete Application
Take 5 minutes to provide a few pieces of information — online or on the phone, it’s your choice.
STEP 2
Review Options
Your dedicated lending advisor will reach out and work with you to determine the best solution.
STEP 3
Get Your Funds
Receive your funds into your business bank account in as fast as 24 hours.
Get started today
Complete our online application and we’ll contact you to present financing options tailored to your business needs.
