Which Small Business Financing is Best for You?

Generally, Flex Solutions are favoured by business that have seasonal variations in revenues and do most of their sales in debit or credit.

Fixed Solutions are typically favoured by businesses less affected by seasonable ups and downs. But there are other differences to consider. Refer to the comparison chart below for the major difference between the funding programs.

FLEX SOLUTION FIXED SOLUTION
Fees None None
Repayment Type FLEXIBLE FIXED
Collateral No No
Amount Available $5,000 - $500,000 $10,000 - $500,000
Ideal Industries Storefront, B2C Businesses, Retail, Spa, Restaurant, Auto All Industries

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.