Merchant Growth

Rated 4.8 from 6 Reviews
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We are one of Canada’s fastest and most friendly alternative financiers. We’ve been helping businesses grow since 2009, it’s all we do and we love doing it. Our innovative approach blends thoughtful customer care, complete transparency, and the latest technology to provide fast accessible financing to small businesses in Canada. Basically, we work really hard to make business financing easy to understand, accessible for everyone, and make the whole process quick…really quick.

 

Merchant Growth is a member of the Canadian Lenders Association:

 

spTime in business:

Since 2009

spCustomers:

Over 1,700

spTotal funded:

Over $150M

spLoans offered:

Small Business Financing

Products Offered

AMOUNT

$5K - $800K

INTEREST RATE

From 7.99%

TERMS

6 - 24 Months

Business Loan

Conditions & Rates

Interest rate 7.99% – 39.99% Amount $5,000 – $800,000 Term 6 – 24 Months

Eligibility & Documents

Who is eligible

  • Minimum $5,000 sales per month

What you need to provide

  • Signed Application
  • Government ID
  • Bank Statements

Repayment & Issuance

How fast can you get the money 1  Business Day Funding method EFT How does repayment work Auto daily or weekly payments


Line of Credit

Conditions & Rates

Interest rate Starting at 7.99% Amount $5,000 – $800,000 Term N/A

Eligibility & Documents

Who is eligible

  • Minimum $5,000 sales per month

What you need to provide

  • Signed Application
  • Government ID
  • Bank Statements

Repayment & Issuance

How fast can you get the money 1  Business Day Funding method EFT How does repayment work Minimum weekly payments


Contact information

  • cont10350 Yonge St #101, Richmond Hill, ON L4C 5K9
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Availability:

All of Canada

Support Offered:

  • Web Chat
  • Help Center/Blog
  • Email Support

Call Center:

7am PST – 4pm PST
Frequently Asked Questions About Merchant Growth

What is Merchant Growth?

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Merchant Growth is one of Canada’s fastest business lenders. Their latest technology helps provide fast accessible financing to small businesses in Canada.

What Products and Services Does Merchant Growth Offer?

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Merchant Growth offers small business financing, and their products include business loans and a line of credit.

What Is the Interest Rate on a Merchant Growth Loan?

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Interest rates on Merchant Growth loans range between 7.99% and 39.99%.

How to Qualify for a Merchant Growth Loan?

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To qualify for a Merchant Growth loan you need to make $5,000 minimum sales per month and fill out a signed application, provide government identification and bank statements.

How Fast Can I Get a Loan from Merchant Growth?

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Merchant Growth can provide funding for your business in as little as 1 business day upon receiving your completed application forms and documents.

How Does Loan Repayment Work at Merchant Growth?

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Merchant Growth loans are repaid through pre-authorized payments from your bank account.

What Kind of Customer Support Does Merchant Growth Offer?

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You can contact Merchant Growth via phone, email or their help centre online.

Is Merchant Growth Safe?

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Merchant Growth has been helping businesses grow since 2009. Merchant Growth is a part of the Canadian Lenders Association and has been seen on CTV, CBC News and was in Growth 500 as one of Canada’s Fastest Growing Companies. They have nearly 2,000 customers and have funded over 150 million dollars. They also have offices in Toronto and Vancouver.

How Much Can I Borrow from Merchant Growth?

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You can borrow $5000 - $500,000 from Merchant Growth.

What Is the Term Length for a Merchant Growth Loan?

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Terms on a Merchant Growth's business loan are between 6 and 24 months.

Can I Apply Online for a Merchant Growth Loan?

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Yes, complete Merchant Growth's online application and they'll contact you right away and present small business financing options tailored to your business needs, based on the information you provide.

How Will Merchant Growth Send Me the Loan?

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The loan proceeds are usually sent by electronic funds transfer where your funds will be directly deposited into your bank without any paper money changing hands.

Which Provinces Is Merchant Growth Available in?

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Merchant Growth is available in all of Canada.

What are Merchant Growth Working Hours?

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You can apply for a Merchant Growth loan online or they can be contacted by phone, Monday through Friday from 7AM to 4PM PST.

Merchant Growth Reviews
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Avg. Rating: 4.8 (6 reviews)

Waiting for my loan now
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March 26, 2018

“I got a quick approval for the amount that I asked. I was expecting crazy high interest but it was not bad considering I don't have the best credit now. I'll receive my loan in a day hopefully. Thanks Merchant Advance Capital! ”

Customer Service
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March 26, 2018

“Honestly the reason I want to give Merchant Advance Capital five stars is their great customer service.I got the funds, and while the application was similar to other loan providers, the customer service here was amazing. ”

Helped with upgrades
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September 12, 2019

“I was looking to upgrade some machinery for my auto shop. Merchant Growth was able to give me a loan for $50,000. The entire process too just a few days. ”

Tailored Financing for My Restaurant
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April 21, 2025

“Super professional. They worked with my restaurant’s cash flow to find the right financing option. Highly recommend!

Fair Rates and Small Business Friendly
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April 21, 2025

“Good rates and transparent terms. They really understand small business needs. The setup took a few days but worth it.”

Fast Funds, No Hassle
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April 21, 2025

“Our business needed a quick cash injection and Merchant Advance delivered. Easy process and helpful team.

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