One application. 14 lenders.
Get Funded One application routed to where you qualify.
Every Apply button starts the same single application. Your chosen lender is prioritized first.
About $85,700 on average. That is from 192 Ontario business applications on our platform in the first half of 2026. More than half came from owners with no credit score on file, so lenders weigh revenue and time in business, not only a personal score.
Eleven offer term loans or lines from 7% APR. Three offer sales-based advances, priced as a factor from 1.1 to 1.5. Together they lend from $2,500 to $50 million. Thirteen consider owners with poor credit. Our application reaches all fourteen at once.
It depends on the product. An advance is a purchase of future sales, not a loan at interest, so it is priced as a factor rather than an APR. When the borrower is a company rather than a person, federal rules exempt loans over $500,000 from the criminal interest rate. The same borrower can be charged up to 48% APR on a loan of more than $10,000, up to $500,000. Ask any lender for the total cost in dollars before you sign.
Steady revenue and some history. Lenders want $5,000 to $20,000 a month in revenue and three to twelve months in business, depending on the lender. Recent business bank statements show both.
Every business lender we work with is on the business loans in Canada page.
Reviewed by Rafael Rositsan, Co-Founder and CEO, Smarter Loans, 4 October 2026. Lender terms checked August 2026. Platform figures cover applications from 1 January to 30 June 2026.
Fourteen lenders in our network lend to Ontario businesses, from $2,500 to $50 million.
Ontario businesses asked for about $85,700 on average. Figures are from Smarter Loans applications, January to June 2026.
No. Thirteen of the fourteen lenders consider owners with poor credit, and more than half of Ontario applicants had no score on file. Figures are from Smarter Loans applications, January to June 2026.
Three lenders offer advances priced as a factor from 1.1 to 1.5, a multiplier on the amount rather than an annual rate.
Lenders want $5,000 to $20,000 a month in revenue and three to twelve months in business.
