Thinking Capital Business Loans & Reviews

Thinking Capital

Avg. Rating: 5.0 (11 reviews)

Thinking Capital is now Driven. Please visit their profile here.

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:

– Fast funding – within 24hrs

– No origination fees or hidden costs

– No penalty/early repayment fees

– Flexible repayment options

Term Loans & Line of Credit business 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.

Line of Credit –a business line of credit gives you ongoing access to the capital you need to make sure your business runs smoothly. You can withdraw funds in one lump sum, or use your line of credit as needed for inventory, special projects, marketing, renovations, etc. Every withdrawal you make from your line of credit has its own fixed repayment schedule. With daily, weekly and bi-weekly options, choose a plan that works best for you.

TIME IN BUSINESS: Since 2006
# OF CUSTOMERS: Over 15,000
TOTAL FUNDED: Almost $1B
LOANS OFFERED: Business Term Loan, Business Line of Credit

Visit Site and Apply

Frequently Asked Questions About Thinking Capital

What is Thinking Capital?

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.

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.

What Products and Services Does Thinking Capital Offer?

Thinking Capital offers small to medium sized business term loans and a business line of credit.

How Much Can I Borrow from Thinking Capital?

Thinking Capital loans range from $5,000 to $300,000.

What Is the Interest Rate on a Thinking Capital Loan?

A business loan from Thinking Capital will start at a 8.39% interest rate.

What Is the Term Length for a Thinking Capital Loan?

Terms on Thinking Capital loans are between 2 to 12 months.

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.

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 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 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.

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.

Which Provinces Is Thinking Capital Available in?

Thinking Capital is available for business financing everywhere in Canada.

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.

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.

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

Loan

Excellent service provided by Daniel in Thinking Capital. Really happy with the service.

Noel perera

Above and Beyond Expectations!

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!!

Cameron Wilson

Director/President Cleansheet International

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

Gennaro Angelillo

Great service!

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 she's always quick, helpful and to the point! Thank you Cordia!!!

Betty K.

Best lending Company

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 funding to operate. Thanks to Cordia's assistance, i was able to secure the funding i needed for my business, when i needed it! She went above and beyond to make sure that i received my funding quickly! With this great service at Thinking Capital/Driven Financial and their amazing rates and payback program, there is no need to look at another lender again! They have a client for life with me!

Lazaros Dimitriou