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Business Loans in Alberta - Quick Funding Options for Small & Medium Businesses

One application. 13 lenders from our 50+ network. Funded in 24 to 48 hours.

13 lenders in our network serve Alberta. Borrow $250 to $50 million from 7% APR, with funding as fast as 48 hours. Most lenders require 12 months in business and $10,000 monthly revenue. Merchant cash advances are shown as factor rates, not APR. Rates reviewed August 2026.

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Revenue: AnyAmount: Any Product: Any Sort: Recommended
★★★★★ 4.6 (16)
Amount
$5K - $500K
Rate
Factor 1.1 - 1.5 See true cost ›
Terms
5 - 9 months
Min revenue
$15,000/mo
Time in business
6+ months
Best for Businesses with strong monthly sales that want repayment tied to revenue rather than a fixed schedule · Merchant cash advance
★★★★★ 5.0 (8)
Amount
$5K - $5M
Rate
From 9.99% APR
Terms
12 months
Min revenue
$10,000/mo
Time in business
12+ months
Best for Established businesses needing a large raise with flexible underwriting · Term loan · Also offers: merchant cash advance
★★★★★ 4.4 (7)
Amount
$5K - $500K
Rate
From 9.99% APR
Terms
2 - 24 months
Min revenue
$10,000/mo
Time in business
12+ months
Best for Businesses that want revenue-based funding priced as an APR rather than a factor rate · Merchant cash advance
★★★★★ 4.9 (11)
Amount
$10K - $1.5M
Rate
From 7.99% APR
Terms
3 - 24 months
Min revenue
$10,000/mo
Time in business
6+ months
Best for Businesses six months old that need a large term raise and want a line and an advance available too · Term loan · Also offers: line of credit, merchant cash advance
★★★★★ 4.6 (13)
Amount
$5K - $500K
Rate
From 9.99% APR
Terms
4 - 12 months
Min revenue
$10,000/mo
Time in business
6+ months
Best for Businesses six months old that want a term loan without a full year of history · Term loan · Also offers: merchant cash advance
★★★★★ 4.6 (10)
Amount
$10K - $300K
Rate
From 8.39% APR
Terms
3 - 24 months
Min revenue
$10,000/mo
Time in business
6+ months
Best for Newer businesses that want a straightforward term loan with total cost visible before committing · Term loan
★★★★★ 4.4 (9)
Amount
$5K - $500K
Rate
From 16% APR
Terms
6 - 24 months
Min revenue
$8,333/mo
Time in business
6+ months
Best for Businesses wanting term, revolving and revenue-based options under one roof from 6 months trading · Term loan · Also offers: line of credit, merchant cash advance
★★★★★ 4.8 (10)
Amount
$5K - $800K
Rate
From 7.99% APR
Terms
6 - 24 months
Min revenue
$5,000/mo
Time in business
12+ months
Best for Established businesses with $5,000 a month in sales that want a term loan and a line of credit together · Term loan · Also offers: line of credit
★★★★★ 4.8 (6)
Amount
$5K - $50M
Rate
From 7% APR
Terms
5 - 96 months
Min revenue
$10,000/mo
Time in business
12+ months
Best for Established businesses seeking the lowest published rate or a very large raise · Term loan · Also offers: merchant cash advance
★★★★★ 4.8 (3)
Amount
$2.5K - $1M
Rate
From 7.5% APR
Terms
3 - 72 months
Min revenue
$10,000/mo
Time in business
12+ months
Best for Established businesses wanting a low rate with a long repayment runway · Term loan · Also offers: merchant cash advance
★★★★★ 4.6 (11)
Amount
$5K - $2M
Rate
From 7.99% APR
Terms
2 - 36 months
Min revenue
$10,000/mo
Time in business
12+ months
Best for Established businesses needing a large raise with short-term flexibility · Term loan · Also offers: merchant cash advance
★★★★★ 4.6 (11)
Amount
$5K - $300K
Rate
From 7.99% APR
Terms
3 - 12 months
Min revenue
$10,000/mo
Time in business
12+ months
Best for Established businesses wanting a short-cycle term loan at a low rate · Term loan · Also offers: merchant cash advance
★★★★★ 4.9 (7)
Amount
$250 - $1M
Rate
From 10% APR
Terms
3 - 60 months
Min revenue
$10,000/mo
Time in business
12+ months
Best for Businesses needing a very small facility, or a large one, from the same provider · Term loan
WHAT ALBERTA BORROWERS REQUEST
Start A Business
24.7%
Other (Business)
17.9%
Everyday Operations
17.4%
WHERE ALBERTA DEMAND COMES FROM
Calgary 28.4% · Edmonton 25.3% · Lethbridge 3.2% · Red Deer 2.6% · Airdrie 2.1%
Share of Alberta requests · Source: Smarter Loans platform data, H1 2026
WHY BUSINESS RATES CAN DIFFER FROM CONSUMER CAPS
  • The federal criminal interest rate of 35% APR applies to commercial loans of $10,000 or less
  • Commercial loans between $10,000 and $500,000 are exempt from the 35% cap if the rate does not exceed 48% APR
  • Commercial loans above $500,000 are not subject to a rate cap
  • This is why merchant cash advances and short-term business financing can price above consumer loan rates
Source: Criminal Interest Rate Regulations (Canada Gazette), verified Aug 2026
GOVERNMENT AND LOCAL PROGRAMS FOR ALBERTA BUSINESSES
  • Canada Small Business Financing Program · Government-backed loans of up to $1.15 million through participating banks and credit unions · Details ›
  • BDC financing · Term loans and working capital from the federal business development bank · Details ›
  • Futurpreneur Canada · Startup financing and mentorship for entrepreneurs aged 18 to 39 · Details ›
  • Alberta business grants and support · Provincial funding programs and business advisory services · Details ›
  • Business Link · Free startup advice and market research for Alberta small businesses · Details ›
No referral fees are earned on program links.

Common questions

What do Alberta lenders require to approve a business loan?

Typically $10,000 or more in average monthly sales and at least one year in business, though several lenders on this page fund earlier-stage businesses at lower amounts. Alberta's resource cycle produces uneven revenue, so lenders serving the province tend to weigh recent bank statements more heavily than a flat annual figure.

Are business loan rates capped in Alberta?

Federally, not provincially. Commercial loans of $10,000 or less fall under the 35% APR criminal rate; between $10,000 and $500,000 the exemption allows up to 48% APR; above $500,000 there is no cap. Alberta adds no separate provincial ceiling on commercial lending.

One application. 13 lenders. Get Funded