What is Merchant Growth?
Merchant Growth is one of Canada’s fastest business lenders. Their latest technology helps provide fast accessible financing to small businesses in Canada.
Is Merchant Growth Safe?
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.
What Products and Services Does Merchant Growth Offer?
Merchant Growth offers small business financing, and their products include business loans, a line of credit, and merchant cash advance.
How Much Can I Borrow from Merchant Growth?
You can borrow $5000 - $500,000 from Merchant Growth.
What Is the Interest Rate on a Merchant Growth Loan?
Interest rates on Merchant Growth loans range between 7.99% and 39.99%.
What Is the Term Length for a Merchant Growth Loan?
Terms on a Merchant Growth's business loan are between 6 and 18 months.
How to Qualify for a Merchant Growth Loan?
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.
Can I Apply Online for a Merchant Growth Loan?
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 Fast Can I Get a Loan from Merchant Growth?
Merchant Growth can provide funding for your business in as little as 1 business day upon receiving your completed application forms and documents.
How Will Merchant Growth Send Me the Loan?
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.
How Does Loan Repayment Work at Merchant Growth?
Merchant Growth loans are repaid through pre-authorized payments from your bank account.
Which Provinces Is Merchant Growth Available in?
Merchant Growth is available in all of Canada.
What Kind of Customer Support Does Merchant Growth Offer?
You can contact Merchant Growth via phone, email or their help centre online.
What are Merchant Growth Working Hours?
You can apply for a Merchant Growth loan online or they can be contacted by phone, Monday through Friday from 7AM to 4PM PST.