Small Business Loans and Financing Thompson, Manitoba

Thompson is a city in the northern region of Manitoba. Commonly known as “the Hub of the North”, what is more uncommonly known is the rising small business community that works in the area. A large credit to their growth is the usage of online small business loans to help them manage their finances. Any business owner knows the value of a strong financial foundation. It allows them to pay for expenses, update signage whenever they want, hire new employees when necessary or simply have money for emergency repairs. These loans are especially popular amongst restaurants, retail stores, salons and automotive shops. Historically, business owners dreaded the application process for small business loans.

It always meant extremely lengthy application forms and weeks of waiting time to be considered for a loan.

It’s been our goal at Smarter Loans for years to simplify this process. We have produced a loan directory over the years to help connect prospective applicants with eager small business loan providers. They look past the regular requirements traditional institutions place on their loans, so do not fret if you have a low credit score.

Just below this paragraph is the list mentioned above. Many of these loan providers carry the same products such as merchant advances loans and working capital loans. However, they fluctuate in rates and terms, so we strongly recommend you to compare them thoroughly. After doing so, just click the “Apply Now” to fill out an application form with the desired company. Most loans are deposited within a couple business days after being approved. If you “pre-apply” at Smarter Loans instead, a team member of ours will assist you in choosing a small business loan provider in Thompson.

Company
Amount
Interest Rate
Reviews
Terms
$5,000 - $100,000
Starting at 29%
4 - 6 months
$5,000 - $100,000
Starting at 6.87%
3 - 18 Months
$10,000 - $300,000
Starting at 6.99%
4 - 18 Months
$5,000 - $250,000
Starting at 9.99%
6 - 24 Months
$5,000 - $250,000
Starting at 9%
3 - 18 months
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$5,000 - $150,000
8.99% - 18.99%
3 - 24 Months
$5000 - $500,000
12.99% - 39.99%
6 - 18 Months
$5,000 - $100,000
Starting at 15%
12 - 18 Months
$5,000 – $500,000
Starting at 5.9%
3 – 60 Months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $35,000
19.99% - 46.96%
9 - 120 Months
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
Up to $35,000
Starting at 5.15%
Varies
$1,500 - $12,500
19.99% - 34.99%
12 - 60 Months
$500 - $10,000
12.99% - 39.99%
9 - 36 Months
$1,000 - $35,000
5.6% - 25.5%
36 - 60 Months
Company
Amount
Interest Rate
Reviews
Terms
$100 - $1,500
Varies
Up to 2 months
Company
Amount
Interest Rate
Reviews
Terms
$3,500 - $49,500
8.99% - 29.5%
12 - 84 Months
$5,000 and up
9.9% – 31%
24 – 84 months
$5,000 - $40,000
Starting at 2.9%
12 - 72 Months
Company
Amount
Interest Rate
Reviews
Terms
$50,000 and Up
Varies
Varies
$50,000 - Unlimited
Varies
Varies
$10,000 - $25,000
Varies
12 - 60 months
Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$1,000 - $1,000,000
6% - 25%
3 - 24 Months
$50,000 - Unlimited
Varies
Varies
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$5,000 And Up
4.9% - 24.99%
18 - 84 Months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $35,000
19.99% - 46.96%
9 - 120 Months
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
Up to $35,000
Starting at 5.15%
Varies
$350 - $25,000
Varies
12 - 60 months
Company
Amount
Interest Rate
Reviews
Terms
$500 - $30,000
19.99% - 39.99%
6 - 120 Months
$1,500 - $12,500
19.99% - 34.99%
12 - 60 Months
$500 - $10,000
12.99% - 39.99%
9 - 36 Months
$1,000 - $35,000
5.6% - 25.5%
36 - 60 Months
Company
Amount
Interest Rate
Reviews
Terms
No Lender found for Recreational Vehicles

Thompson Info Box

  • Based on the latest available information, there are 2,700 registered homeowners in Thompson.
  • Employment rate is: 70%.
  • As per the latest independent research, an average monthly employment income in Thompson amounted to $56,100.
  • On the average each Thompson resident carries a burden of consumer debt of $21,800.
  • Thompson’s major employment areas are management of companies and enterprises, wholesale trade, professional, scientific and technical services.
This data was researched in 2019 and uses various information resources, including Canada’s National Statistics Agency, etc., where the information can be as of an older date. The facts above may change as new information becomes available. We do our best to keep the information up to date.

Smarter Loans provides you with access to reliable Business Loan lenders in Thompson for your borrowing needs.

Browse through our register of Business Loan companies to get current Business Loan rates in Thompson

For Business Loans most common use cases are:

  • get fast funding for your business
  • invest into your business anywhere in Canada
  • expand your business and increase revenue
  • invest into renovations or equipment upgrades
  • purchase new inventory
  • purchase or upgrade equipment
  • get commercial business funding in any kind of industry

just to name a few.

Different Types of Loans in thompson

Elite Trusted Lenders

These companies are recognized for their excellent service, product offering and financial literacy education for all Canadians.