Driven Review – Transparent & Fast Business Loans for Canadian Entrepreneurs

In this review, we’ll cover Driven – who they are, what they offer, and how to apply.

Who is Driven?

Driven is a Canadian fintech lender that has been empowering small and medium-sized businesses since 2006. With nearly two decades of experience, Driven has helped over 17,000 businesses across Canada access the funding they need to grow, invest, and succeed.

Their mission is to make business financing transparent, accessible, and simple — providing fast, reliable capital without the confusing fine print or long bank approval times.

What Does Driven Offer?

Driven provides business loans ranging from $500 to $300,000, with repayment terms between 2 and 24 months.

Here’s what sets them apart:

• Loan Amounts: $500 – $300,000

• Repayment Terms: 2 – 24 months

• Interest Rates: starting from 8.39% APR

• Funding Time: typically within 48 hours after approval

• Full Transparency: all fees and repayment details are shown upfront – no surprises, no hidden costs.

Driven’s loans are designed for small and medium-sized business owners who value speed, clarity, and trust in their lending partner. Whether you’re looking for working capital, inventory purchases, equipment upgrades, or expansion funding, Driven provides quick access to the capital you need to keep your business moving forward.

Why Choose Driven?

Driven stands out for its transparency-first approach — borrowers can see the total cost of borrowing upfront, ensuring full clarity from day one.

They also pride themselves on speed. Most approved applicants receive funds within 48 hours, helping businesses take advantage of opportunities or manage short-term cash flow needs without delay.

Unlike traditional banks, Driven looks beyond credit scores. They evaluate your business’s overall performance and health, making funding accessible to a wider range of entrepreneurs.

Eligibility Requirements

To qualify for a loan with Driven, your business must:

• Be an active small or medium-sized business in Canada

• Be able to provide CRA business documents (for new applicants)

• Complete a site visit during the verification process

• For returning customers, CRA documents and site visits may still be requested depending on the application

This ensures that each business relationship is built on transparency and trust.

How to Apply

Applying through Smarter Loans is fast and simple:

1. Visit Driven’s profile on Smarter Loans.

2. Click Apply Now.

3. Complete the short online application and provide the required documents.

4. Receive approval and have funds deposited into your account within 48 hours.

Driven’s process is designed to be quick, straightforward, and business-friendly.

Our Verdict

Driven is a great choice for Canadian small business owners seeking transparent, fast, and flexible funding. With a clear cost structure, competitive rates starting at 8.39%, and funding in as little as two days, Driven is one of the most reliable non-bank lenders for entrepreneurs ready to grow.

Apply with Driven through Smarter Loans to get started today.