Articles About Business Loans

Where can I get a fast business loan?

Compare business loan options and offers online from this website we recommend if you’re seeking to obtain business financing.

What is the maximum amount for a business loan?

Most small business owners that use Smarter Loans for help in connecting with lenders are able to secure financing for hundreds of thousands of dollars. We share more details in this post to determine the various loans we help people achieve.

What is the average business loan amount?

Business loan amounts depend on the type of business you’re in, but there are averages that we see business owners seek and we share them in this blog post, plus give you connections to top lenders in Canada to easily apply for a loan online yourself.

Business Loans

Comparing Short-term Business Loans vs. Long-term Loans

Today, we’ll talk about short-term loans vs long-term loans to help you choose the best option for your small business. Let’s get started.

Is a business loan based on personal credit?

Business and personal credit aren’t the same thing. Learn why having good personal credit may help support you getting approved for a business loan, but is not the only factor.

Is it easy for a business to get a loan?

If you are a healthy, profitable business that needs financing to grow then a business loan may be right for you. Watch this YouTube Short to learn what’s needed to get approved for a business loan in Canada.

What do banks look for when approving a business loan?

Business loans work a lot like personal loans. You’re borrowing money from a lender that you eventually have to repay with interest and fees, as applicable. Read onward to learn what banks look for when approving businesses for a business loan.

Are business loans cheap?

There are a multitude of variables that will alter your business loan cost and fees. Find out how to get a business loan and what will change how much it costs, etc.

How long does it take to get a small business loan?

You can obtain a business loan in Canada in as little as 24-48 hours if you have all your documents prepared and meet all the eligibility requirements.

How To Get a Business Loan with No Collateral

Business loans without collateral are often referred to as “unsecured financing”, but this term isn’t technically accurate. Most business loans without collateral are secured by some kind of asset. Keep reading to learn more about these options, as well as what funding options are available to businesses with no collateral. But first, let’s take a closer look at what “collateral” actually means.