Published term loan terms, side by side. Rates reviewed August 2026.
Best for: Established businesses with $5,000 a month in sales that want a term loan and a line of credit together
Apply Now Full profileBest for: Established businesses wanting a low rate with a long repayment runway
Apply Now Full profile| Merchant Growth | Nexus Finance | |
|---|---|---|
| Amount range | $5,000 – $800,000 | $2,500 – $1,000,000 |
| Rate | From 7.99% APR | From 7.5% APR |
| Term | 6 – 24 months | 3 – 72 months |
| Funding speed | 2 days | 2 days |
| Income types | 3 income types accepted | 3 income types accepted |
| Revenue minimum | $5,000/month revenue minimum | $10,000/month revenue minimum |
| Time in business | 12 months trading minimum | 6 months trading minimum |
| Minimum credit band | poor | poor |
| Provinces | All provinces and territories | All provinces and territories |
