In many cases, funding can be approved and deposited in as little as 4 hours, depending on the type of financing and how quickly we receive your documentation.

The requirements vary by product, but generally you’ll need:

• Basic business information filled out via our application (it’ll take you 2 minutes!)
• Recent bank statements (last 6 months)

Not always. Many of our solutions—like Lines of Credit and Small Business Loans—are unsecured, meaning no collateral is required.

Collateral may be used for larger, long-term loans if requested on your end.

We serve a wide range of industries across Canada, including:

• Retail and e-commerce
• Restaurants and hospitality
• Construction and trades
• Professional services
• Healthcare and wellness
• Manufacturing and logistics, to name a few!

If your business generates consistent revenue, there’s a good chance we can help.

We have no restrictions on industries!

The amount depends on your business type, revenue, and credit profile. Typical ranges are:

• Small Business Loans: $5,000 – $10,000,000
• Lines of Credit: $5,000 – $5,000,000
• Invoice Factoring: $20,000 – $10 million

Credit Card Processing: $20,000 – $5 million

Repayments depend on the product:

• Loans: Fixed daily/weekly/monthly payments
• Line of Credit: Payments tied to what you draw
• Invoice Factoring: Paid back when your clients settle invoices

Credit Card Processing: Pay back from your sales! Flexible and not fixed!

Yes. In fact, paying early allows you to benefit from a pre-payment discount. We’ll review all terms with you up front so you know exactly how early repayment works for your chosen product.

• Speed: Approvals in hours, not weeks
• Flexibility: We work with businesses traditional banks often decline
• Eagerness to fund: We want to fund you. We aren’t looking for a reason not to!

Focus on Canadian businesses: Programs built for entrepreneurs here at home.

No.

Yes. Many clients start with funding to try the process. If additional funds or programs are needed – you would be eligible.

Over 83% of CanaFund clients come back for additional financing. The process for additional funding takes minutes once your account profile is set up.

Typically, we look for at least 6 months in business (with revenue being generated), though requirements vary depending on the product. Strong sales and revenue history can help offset limited operating history (with existing revenue, we can work with at least 4 months).

Simply click Apply Now on our website. The application takes only a few minutes, and one of our advisors will walk you through your options.