Learning Center

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.

What is the minimum salary to get a loan?

Your salary is a factor looked at to determine the loan amount you may get approved for but that’s not all; there’s other elements considered you should know mentioned in this post.

How much can I borrow with a 750 credit score?

Determine what kind of loan you can get approved for with a 750 credit score and use our loan calculator to find out a possible monthly repayment amount.

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.

What credit score do I need for a $3,000 loan?

Smarter Loans can connect you with over 20 lenders that share their eligibility requirements before you apply for a $3,000 loan. Learn what’s a good credit score and if your credit score will determine your loan approval.

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.

Are Proceeds From a Reverse Mortgage Taxable?

Watch this 1 minute video to learn whether the proceeds from a reverse mortgage are taxable or not.