MHB Financial

Rated 4.6 from 8 Reviews
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Founded in 2020, MHB Financial has quickly established itself as a trusted partner for Canadian businesses seeking working capital solutions. With a focus on speed, flexibility, and transparency, MHB Financial has empowered over 10,000 clients to achieve their financial goals, facilitating more than $100 million in funding to date.

MHB Financial stands out by combining personalized service with a commitment to delivering the best possible financing options. Acting as both a lender and a broker, they ensure clients receive competitive rates and tailored solutions designed to meet the unique needs of their businesses.

Services Offered:

  • Unsecured Term Loans: Flexible funding without the need for collateral
  • Invoice Factoring: Turn outstanding invoices into immediate cash flow
  • Merchant Cash Advances: Funding tied to future sales for businesses on the move
  • Lines of Credit: Access capital when you need it, up to a set limit
  • Secured Asset-Based Loans: Financing backed by business assets
  • Point of Sale Financing: Solutions to support customer purchases
  • Custom Financial Solutions: Tailored funding options to fit any business need

With a streamlined application process, same-day funding, and a client-first approach, MHB Financial is dedicated to helping Canadian businesses thrive in today’s competitive marketplace.

spTime in business:

Since 2020

spCustomers:

Over 10,000

spTotal funded:

Over $100M

spLoans offered:

Unsecured Term Loans, Invoice Factoring, Merchant Cash Advance, Line of Credit, Secured Asset Based Loans, Point of Sale Financing, and more

Products Offered

AMOUNT

$5K - $2M

INTEREST RATE

From 7.99%

TERMS

2 - 36 Months

Working Capital, Invoice Factoring, Merchant Cash Advance, and more.

Conditions & Rates

Interest Rate:

Competitive rates starting at

7.99%

Loan Amount Range:

From $5,000 to $2,000,000

Repayment Term Lengths:

Flexible repayment terms spanning 2 to 36 months

Eligibility & Required Documents

Eligibility Criteria:

  • Must generate a minimum of $20,000 in monthly revenue
  • Must have been in business for at least 3 months

Documents Needed:

  • Three months of recent bank statements
  • Government-issued ID
  • Additional documentation may be requested

Repayment & Issuance

How Are Loan Proceeds Sent?

Loan proceeds are sent via direct deposit.

How Long Does the Process Take?

  • Application Time: Under 5 minutes
  • Approval Time: Within 24 hours
  • Loan Issuance: Same day

How Are Payments Made?

Repayments are made through weekly or bi-weekly schedules.


Contact information

  • continfo@mhbfinancial.ca
  • cont201 Bridgeland Ave Toronto, Ontario M6A-1Y7
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Availability:

Everywhere in Canada

Support Offered:

  • Call Centre
  • Email
  • In-person

Call Center:

Sunday - Friday 8 am - 7 pm
Frequently Asked Questions About MHB Financial

Who is MHB Financial?

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MHB Financial is a Canadian company specializing in providing working capital to businesses across the country. Founded in 2020, they have helped over 10,000 customers and facilitated more than $100 million in funding.

Why should I consider MHB Financial?

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MHB Financial takes the guesswork out of finding the best financing. If they cannot meet your needs directly, they will source funding from other lenders to secure the best deal for you. Their streamlined process ensures you receive quick approvals and funding, so you can focus on growing your business.

What is the interest rate on loans from MHB Financial?

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Interest rates start at 7.99%, ensuring competitive and transparent pricing for all clients.

What are the eligibility requirements for MHB Financial?

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Repayment options are flexible. Businesses can choose between fixed daily or weekly payments or repayments based on a small percentage of sales. This approach ensures that payments are manageable and do not over-leverage your business.

How does MHB Financial ensure I’m getting the best deal?

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MHB Financial acts as both a lender and a broker. If they can secure a larger amount of capital or a better rate through a partner company, they will source the financing elsewhere to provide you with the best deal available.

What documents do I need to apply?

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Applicants are required to provide three months of business bank statements and valid government-issued ID. Additional documentation may be requested during the review process.

What does MHB Financial do?

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MHB Financial offers customized financial solutions, including unsecured term loans, invoice factoring, merchant cash advances, lines of credit, secured asset-based loans, point-of-sale financing, and more. They work as both a lender and a trusted broker to ensure clients receive the best possible financing options.

How much can I borrow from MHB Financial?

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You can borrow between $5,000 and $2,000,000, depending on your business revenue and financial needs.

How quickly can I get approved and receive funding?

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The application process takes under 5 minutes, and approvals are typically completed within 24 hours. Once approved, funds can be disbursed on the same day.

How does repayment work with MHB Financial?

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To qualify, businesses must be located in Canada and have been operating under their current ownership for at least 3 months. They must generate at least $20,000 in monthly revenue, not be a start-up, and have no open bankruptcies.

What makes MHB Financial different from other lenders?

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MHB Financial prioritizes transparency, speed, and client success. With a 97% approval rating, competitive rates, and a commitment to finding the best financing for their clients, they offer a unique blend of personalized service and reliable solutions.

MHB Financial Reviews
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Avg. Rating: 4.6 (8 reviews)

Thank you MHB
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January 18, 2025

“I needed business financing and MHB Financial was able to help me by finding the right kind of terms and deal for my business.”

Always Reliable
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January 18, 2025

“This is the fourth time I have received working capital through MHB, they always come through!”

Simple Process
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January 18, 2025

“The service at MHB was great and they made the whole process of getting business funding easier than I expected. Would recommend to business owners in Canada. ”

Great great great
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March 31, 2025

“Great service, great people and great results. Def will use again in future (if needed)”

Decent Experience with Some Back and Forth
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April 28, 2025

“Decent experience. There was a bit of back and forth during the documentation process.”

Knowledgeable Team That Guides You Every Step
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April 28, 2025

“Their team was knowledgeable and patient. They answered all my questions and walked me through the process.”

Clear Terms, No Surprises – Solid Experience
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April 28, 2025

“MHB helped us get a home equity loan with clear terms and no surprises. Overall solid experience.”

Stress-Free Loan Process & Great Service
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April 28, 2025

“Excellent customer service and very competitive rates. MHB Financial made the loan process stress-free.”

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