In this video, we review MPower Funds, a Canadian financing provider offering fast funding, structured lending options, and unique products like MLI Select loans for real estate investors. Whether you’re expanding your business, buying a franchise, or looking for flexible working capital, MPower Funds provides a range of solutions designed for small and medium-sized Canadian enterprises.
This video walks through who MPower Funds is, what they offer, how their underwriting works, and how to apply through Smarter Loans.
What This Video Covers
In this quick review, you’ll learn the essentials:
1. Who MPower Funds Is
MPower Funds is a national alternative lender supporting Canadian businesses through:
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Fast online applications
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Flexible financing structures
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Funding up to $500,000
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Programs built for growth, acquisitions, and real estate investment
The video introduces MPower’s mission: making capital more accessible to entrepreneurs who need reliable and timely funding.
2. MPower Funds’ Financing Products
The video explains each major funding product they offer:
Business Term Loans
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Lump-sum capital
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Predictable fixed payments
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Ideal for inventory, equipment, staffing, marketing, or expansion
Merchant Cash Advances (MCAs)
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Revenue-based funding
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Payments tied to daily or weekly sales
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Great for businesses with fluctuating revenue
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Faster approvals with more flexible underwriting
Business Purchase Financing
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Funding to acquire an existing business or franchise
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Structured repayment options
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Attractive for entrepreneurs expanding through acquisition
CMHC / MLI Select Financing
One of MPower’s unique offerings highlighted in the video:
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Financing for multi-unit residential properties
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Leveraging MLI Select tier benefits
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Lower interest rates, higher leverage, and extended amortization
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Ideal for real estate investors or developers focusing on rental properties
This makes MPower a rare lender that supports both business financing and specialized real estate programs.
3. Eligibility Requirements
The video outlines MPower’s underwriting expectations:
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Consistent monthly revenue
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Established business operation history
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Satisfactory credit standing
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Supporting documentation (bank statements, financials, etc.)
Eligibility varies by product, especially for business purchase financing and MLI Select loans, which require additional documentation.
4. Funding Speed
One of the strengths emphasized:
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Applications are completed fully online
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Approvals usually within 24–48 hours
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Funding delivered in 3–5 business days
This makes MPower a strong option for businesses needing capital without long delays.
5. Industries They Serve
The video notes that MPower works with many types of businesses, including:
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Retail & e-commerce
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Restaurants & hospitality
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Transportation & logistics
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Professional services
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Construction & trades
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Real estate investors (via MLI Select)
6. How to Apply Through Smarter Loans
The video ends by showing viewers how to start an application through Smarter Loans:
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Visit the MPower Funds lender page
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Review their products, terms, and requirements
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Click Apply Now to start
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Complete the secure online form
Smarter Loans helps you compare lenders and apply confidently through trusted Canadian financing providers.
Why This Review Is Useful
This MPower Funds video is perfect for:
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Entrepreneurs seeking fast working capital
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Investors looking for MLI Select financing
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Buyers planning a business or franchise acquisition
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Businesses with fluctuating revenue seeking MCA options
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Anyone comparing business lenders in Canada
It gives a clear, concise breakdown to help you decide if MPower Funds is right for your needs.
Related Tools & Resources
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Smarter Loans is Canada's online loan directory for any type of financing. The website helps Canadians find reputable lenders & financial companies all over Canada and compare their products, rates, and terms in one place.
