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IOU Financial is a leading online lender specialized in helping small businesses with healthy cash flow. Typical customers include medical and dental practices, grocery and retail stores, restaurant and hotel franchisees and e-commerce companies. IOU Financial provides a unique approach to lending through an advanced, automated application and approval system. This accurately assesses applicants’ financial realities, with an emphasis on day-to-day cash flow trends, and makes small business loans of up to $150,000 to qualified applicants in only 24-48 hours. Speed and transparency make IOU Financial a trusted alternative to banks.
IOU Financial is a member of the Canadian Lenders Association:
TIME IN BUSINESS: Since 2008
# OF CUSTOMERS: Over 8,500
TOTAL FUNDED: Over $600M
LOANS OFFERED: Unsecured Term Loans, Line of Credit, Merchant Cash Advance, Invoice Factoring, Secured
Every detail of transaction was presented very candidly and to the point!
Cari Cox
True business partner
The folks at IOU care for business owners and worked really hard to get me approved for a business loan. I tried 3 other companies before them and had no luck, but these guys went really above and beyond to get me approved in 3 days.