Is it easy for a business to get a loan?

Is it easy for a business to get a loan?


If you’re a business owner in Canada and have been around for a year or more, generate $7,000 to $10,000 a month in revenue then you should be able to get financing for your business.

In some cases you can even get approved for a business loan within 24 hours. Apply for a business loan here!

You will have to provide a lender with the financial history of your business to ensure the cash flow supports the repayment schedule of the loan you obtain.

There are many business financing options, including:

It is easy to get a business loan in Canada if you’re a healthy, profitable business who’s taking on financing for growth. Get a business loan now!

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Vlad Sherbatov

Vlad is the President and Co-Founder of Smarter Loans, Canada's original and largest loan comparison website. He is a passionate entrepreneur and business leader in the Canadian financial sector. He was selected as a 2019 Top 25 Leaders in Lending by the Canadian Lenders Association. Vlad is an author at Smarter Loans, and has been featured in publications like the Toronto Star and National Post, among others.