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Primed Loans

Avg. Rating: 5.0 (3 reviews)

From personal loans to business loans, Primed Loans assists businesses and individuals in accessing the funds they need to thrive. As one of the nation’s most credible and expansive online credit marketplaces, they specialize in connecting business owners and individuals with financing solutions tailored to their needs. Whether you’re growing a company or managing personal finances, Primed Loans makes the process seamless and efficient.

TIME IN BUSINESS: Since 2018
# OF CUSTOMERS: 1400+
TOTAL FUNDED: Over $300 Million
LOANS OFFERED: Unsecured Term Loans, Merchant Cash Advance, Line of Credit, Secured Asset Based Loans, Invoice Factoring

(514) 244-2206

info@primedloans.com 3055 Blvd. Saint-Martin O Suite # T500, Laval, Quebec H7T 0J3

Call Center: 24/7

Support Offered:

Email
Call Centre
Website FAQs
Live Support Chat
Social Media

Availability: Everywhere in Canada

Products Offered

Below are all the products offered by this company.

Conditions & Rates

Interest Rate: Starting at 7.99% (for unsecured loans)
Loan Amount: $10,000 to $500,000 (Unsecured Loans) / $250,000 to $20MM (Banking Loans)
Term Lengths:3 months to 120 months

Primed Loans offers competitive terms tailored to your financial needs, ensuring flexibility and transparency.

Eligibility & Documents

Who is eligible?
To qualify for a loan with Primed Loans

Unsecured Loans:Minimum $350K annual revenue or $30K+ monthly deposits.
- At least 1 year in business.
- Credit score of 620 or higher.
- Fewer than 3 NSF transactions in the past 30 days.
- Minimum of 4 deposits per month.

Banking Loans (QC):
- Minimum $1M annual revenue.
- At least 2 years in business.
- Credit score of 680 or higher.
- No NSF transactions in the past 90 days.
- Minimum of 4 deposits per month.

Requirements for Application

Unsecured Loans:
- Six months of bank statements.
- Completed application form.
- Signed mandate.

Banking Loans:
- Two years of financial statements.
- Projections (if applicable).
- Three months of bank statements.
- Signed mandate.
- Business structure organigram.

Primed Loans provides fast, tailored financing solutions to help your business succeed. Complete the application form to get started today!

Repayment & Issuance

How do you send the proceeds?

Direct Deposit

How long does it take to complete the application?

Unsecured Loans:
- The application takes about 4 minutes to complete.
Banking Loans:
- The application process may take up to 90 days, depending on the complexity.

How quickly will I know if I’m approved?

Unsecured Loans:
- Approvals are typically instant.
Banking Loans:
- Approval may take up to 90 days.

Once approved, how soon are funds available?

Funds are typically sent to the customer the same day for unsecured loans.

Frequently Asked Questions About Primed Loans

Who is Primed Loans, and what services do they provide?

Primed Loans is a trusted provider of personalized business and personal financing solutions, offering a variety of loan options to Canadian businesses and individuals.

Are loans from Primed Loans safe and secure?

Yes, Primed Loans is a reputable lender with a proven track record of helping businesses and individuals across Canada achieve their financial goals through transparent and secure financing.

Who is eligible for a loan from Primed Loans?

Eligibility depends on the type of loan. For unsecured loans, businesses must have a minimum of $350K annual revenue, 30K+ monthly deposits, a credit score of 620+, and at least one year in business. For banking loans (QC), businesses require $1M+ annual revenue, two years in business, a 680+ credit score, and no recent NSF transactions.

What types of loans does Primed Loans offer?

Primed Loans offers a variety of financing options, including unsecured term loans, merchant cash advances, lines of credit, secured asset-based loans, and invoice factoring. Loan amounts range from $10,000 to $20MM, depending on the type of financing.

What is the interest rate for loans from Primed Loans?

Interest rates vary based on the type of loan, creditworthiness, and other factors. Rates start at 7.99% for unsecured loans, with competitive terms that reflect current market conditions.

What can I use the loan for?

Loan proceeds can be used for a variety of purposes, such as business expansion, equipment purchases, managing cash flow, refinancing debt, or other operational needs.

What documents are required to apply for a loan?

For unsecured loans, you’ll need six months of bank statements, a completed application, and a signed mandate. For banking loans, required documents include two years of financial statements, projections (if needed), a signed mandate, three months of bank statements, and a business structure organigram.

What sets Primed Loans apart from other lenders?

Primed Loans stands out with a tailored, customer-centric approach, offering a high approval rate, competitive interest rates, and a streamlined application process. Their transparent, direct access to a wide network of capital resources empowers businesses to thrive.

How much can I borrow from Primed Loans?

Primed Loans offers a wide range of borrowing options to meet your needs. For unsecured loans, you can borrow between $10,000 and $500,000. For banking loans, the borrowing range is from $250,000 to $20MM, depending on your business's qualifications and financial requirements.

How do I apply for a loan with Primed Loans Canada?

Applying is simple! Start by completing their online application or contact them directly to schedule a consultation. The team at Primed Loans will guide you through the process, assist with gathering the necessary documents, and ensure your application is submitted seamlessly.

Primed Loans Reviews

Avg. Rating: 5.0 (3 reviews)

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Great Work at Primed Loans

Their Whole Team Works Hard to obtain you a product that fits your needs, thank you!

Valerie B.

Love Primed Loans

Primed Loans has revolutionized how businesses secure funding. Working with them is a no-brainer for any entrepreneur.

Pillow Team

Doubled Our Business

One of the most trusted names in business financing right now is Primed Loans. They truly understand what entrepreneurs need.

Dan N.