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Thinking Capital

Avg. Rating: 5.0 (6 reviews)

Thinking Capital is the first and largest online small business lender in Canada.  Founded in 2006 and having provided over $1 billion in funding to more than 15,000 small businesses we have proven to be the right fit for a wide variety of business types.  With quick turnaround times, no collateral requirements and friendly service we can get you the money you need when you need it!

 

Why Thinking Capital:

– No obligation quote

– Apply online in minutes

– Get up to $300,000

– Fast funding – in less than 2 business days

– Strong partnerships with financial institutions, payment providers and retailers

 

Fixed or flexible payment solutions to best meet your needs:

Fixed – also known as a “term loan”, where you pay the same amount daily for the duration of your fixed payback period.  Having a set amount will allow you to budget and plan since you know what you will commit to your loan repayment and it will not change.

Flexible – it uses your daily credit & debit transactions to come up with a repayment amount for that day.  This way, the amount you owe is a % of sales rather than a flat rate – which is a great option when your business has a lot of fluctuations in terms of sales.

 

  • TIME IN BUSINESS: Since 2006
  • # OF CUSTOMERS: Over 15,000
  • TOTAL FUNDED: Almost $1B
  • LOANS OFFERED: Merchant Cash Advance, Business Term Loan

1-866-889-9412

info@thinkingcapital.ca 4200 Boulevard Dorchester #300, Westmount, QC H3Z 1V4
Call Center: Monday - Thursday: 8:30 AM - 6:30 PM Friday: 9:00 AM - 4:00 PM
Support Offered:
  • Web Chat
  • Help Center/Blog
  • Email Support
Availability: Everywhere in Canada

Products Offered

Below are all the products offered by this company.

Conditions & Rates

Interest rate Daily repayment based on sales volume Amount $5,000 – $300,000 Term N/A

Eligibilty & 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 ($20,000 if home-based business)

What you need to provide

  • Government issued identification
  • Void Cheque
  • Business banking statements or merchant statements/DRF
  • More documents might be required the higher the requested amount

Repayment & Issuance

How fast can you get the money Within 24 hours Funding method Direct deposit How does repayment work Daily from bank account, as a percentage of sales via merchant processor

Conditions & Rates

Interest rateStarting at 8.39% Amount$5,000 – $300,000Term 6 – 12 Months

Eligibilty & 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 ($20,000 if home-based business)

What you need to provide

  • Government issued identification
  • Void Cheque
  • Business banking statements or merchant statements/DRF
  • More documents might be required the higher the requested amount

Repayment & Issuance

How fast can you get the money Within 24 hours Funding method Direct deposit How does repayment work Daily from bank account

Articles About Thinking Capital

See All Articles

Catching up with Canada’s oldest alternative lender
By Ryan Weeks

Ryan is the editor of AltFi News and an expert in the alternative finance space. He has been featured in the Guardian, Equities.com, and is a regular guest on radio.

Thinking Capital Reviews

Avg. Rating: 5.0 (6 reviews)
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Amazing Service!

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!

James
Reliable, fair and convenient

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.

Amanda
Very Happy

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. Thanks again Brian

Brian
Helped my business

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)

Curtis
Good rate

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.

Robert Z
Daniel at Thinking Capital

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.

Karen

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