Time in business:
Customers:
Total funded:
Loans offered:
Thinking Capital is one of the first online small business lenders in Canada. Founded in 2006 and having provided over $1 billion in funding to more than 15,000 small businesses, they have proven to be the right fit for a wide variety of business types.
Products Offered
AMOUNT
$5,000 - $500,000
INTEREST RATE
Starting at 8.39%
TERMS
2 - 12 Months
Business Loan
Conditions & Rates
Interest rate Starting at 8.39% Amount $5,000 – $500,000 Term 2 – 12 Months
Eligibility & Documents
Who is eligible
- Owner must be a Canadian resident over 18
- Canadian-based business
- At least 6 months in business
- Average monthly sales of $7,000
What you need to provide
- Fully automated online application process – no additional documentation required
Repayment & Issuance
How fast can you get the money Within 24 hours Funding method Direct deposit How does repayment work Flexible repayment options including daily, weekly, bi-weekly and more.
Business Line of Credit
Conditions & Rates
Interest rate Varies Amount $500 – $300,000 Term 2 – 12 months
Eligibility & Documents
Who is eligible
- Owner must be a Canadian resident over 18
- Canadian-based business
- At least 6 months in business
- Average monthly sales of $7,000
What you need to provide
- Fully automated online application process – no additional documentation required
Repayment & Issuance
How fast can you get the money Within 24 hours Funding method Direct deposit How does repayment work Each Line of Credit draw is considered a fixed loan, which includes specific terms and conditions
Contact information
info@thinkingcapital.ca- 4200 Boulevard Dorchester #300, Westmount, QC H3Z 1V4
Availability:
Everywhere in CanadaSupport Offered:
- Web Chat
- Help Center/Blog
- Email Support
Call Center:
Monday - Thursday: 8:30 AM - 6:30 PM Friday: 9:00 AM - 4:00 PMFrequently Asked Questions About Thinking Capital
What is Thinking Capital?
What Products and Services Does Thinking Capital Offer?
Thinking Capital offers small to medium sized business term loans and a business line of credit.
What Is the Interest Rate on a Thinking Capital Loan?
A business loan from Thinking Capital will start at a 8.39% interest rate.
How to Qualify for a Thinking Capital Loan?
To qualify for a Thinking Capital loan, the owner must be a Canadian resident that's over 18 years old, the business must be Canadian-based and in business for at least 6 months, sales must average $7,000 monthly, and you will need to provide government identification, a void cheque, business banking or merchant statements, and depending on the requested loan amount, more documents may be required.
How Fast Can I Get a Loan from Thinking Capital?
Thinking Capital reviews and verifies business loan applications very quickly, and deploys funding sometimes as fast as the same day. They pride themselves on being a fast and reliable financing option, though some loans take up to 2 business days to receive.
How Does Loan Repayment Work at Thinking Capital?
A Thinking Capital business loans can be repaid daily, weekly and bi-weekly options, choose a plan that works best for you.
What Kind of Customer Support Does Thinking Capital Offer?
Getting a hold of the Thinking Capital customer support team is easy because they offer not only a web chat, but also a help centre/blog and email support. Their help centre is incredibly user friendly too, and even allows for you to enter keywords to find applicable information.
Is Thinking Capital Safe?
Yes, Thinking Capital is a leader in the Fintech industry and their platform is based on a decade of industry experience and customer feedback. Since 2006, the Thinking Capital has helped more than 15,000 small to medium-sized Canadian businesses reach their full potential. They've partnered with leading financial institutions and technologies such as CIBC, Money Mart, Moneris and many more! Thinking Capital is also one of the founding members of the Canadian Lenders Association.
How Much Can I Borrow from Thinking Capital?
Thinking Capital loans range from $5,000 to $300,000.
What Is the Term Length for a Thinking Capital Loan?
Terms on Thinking Capital loans are between 2 to 12 months.
Can I Apply Online for a Thinking Capital Loan?
Yes, in fact it only takes a few minutes to apply online and can be done anytime of the day.
How Will Thinking Capital Send Me the Loan?
Thinking Capital simply deposits the loan funds into the approved customer's business bank account, from which they are ready to use right away.
Which Provinces Is Thinking Capital Available in?
Thinking Capital is available for business financing everywhere in Canada.
What are Thinking Capital Working Hours?
While you can apply for a loan anytime online, the Thinking Capital also answers calls from Monday to Thursday, 8:30AM - 6:30PM EST, and Friday between 9AM and 4PM EST.
Thinking Capital Reviews
Avg. Rating: 5.0 (11 reviews)
Amazing Service!
April 6, 2018
“I needed help with some emergency expenses and was having a hard time getting additional financing. Thinking Capital was able to process my application and get money in my account in less than 3 days. The service is fantastic! ”
Reliable, fair and conven...
April 6, 2018
“Fair rates, fast deposits and easy to use. I was most impressed with with personal and friendly customer service I got from their staff. Would definitely recommend them to others. ”
Very Happy
April 6, 2018
“I was introduced to Thinking Capital at exactly the right time. I was opening another store and I was short on capital. Brian is who helped me and I found him to be kind, forth right and effecient. I got my funds the next business day. The whole experience a breeze...”
Helped my business
June 18, 2019
“I have been working with Thinking Capital for a bit now. They helped me move my food and beverage takeout into a thriving restaurant. The process was fairly straight forward and the staff were very helpful. Thank you Robert and team! (via Google reviews)”
Good rate
September 12, 2019
“I did some shopping around and found that Thinking Capital was able to offer my business the best rate for a loan of $70,000. Happy with my experience.”
Daniel at Thinking Capita...
February 22, 2020
“I have been working with Daniel at Thinking Capital for over a year. He goes beyond to make sure everything works. Greatly appreciate his diligence in making it a favourable experience. Highly recommend him. ”
Loan
March 12, 2020
“Excellent service provided by Daniel in Thinking Capital. Really happy with the service. ”
Above and Beyond Expectat...
March 12, 2020
“Sophie and Cynthia made the loan process easy, understandable, and even enjoyable. Their outstanding service, efficiency and obvious dedication to me as a client was unparalleled. Highly impressive!!”
Director/President Cleans...
March 12, 2020
“Best of the best. Amazing service and so professional. Moustafa Kamal was a real pro and takes care of my business needs.
Highly recommended to everyone”
Great service!
April 4, 2022
“I've been dealing with Thinking Capital for years. The service is fast, effective and professional! Never thought borrowing for your business could be so simple. I want to say a big thank you to Cordia who not only makes you feel like your dealing with a friend but...”
Best lending Company
April 4, 2022
“The best lending company around! I can't say enough to expressed how pleased i am with the customer service from Cordia at Thinking Capital, now Driven Financial. Corida, understands how important it is to a small business owner to be able to have the proper fundin...”
