Business lines of credit for Canada’s strongest profiles.
A Canadian revolving credit line may help with recurring cash needs. Availability, limit, cost, repayment schedule, and fees depend on lender assessment and the written offer.
A revolving line that flexes with your cash-flow cycle.
A line of credit can provide access to funds as needs arise, subject to the lender’s conditions and available credit.
The written offer will explain how draws, repayments, interest, fees, renewals, and any security requirements work.
Funding tailored to your business needs
Our business line of credit offers rapid, transparent financing to fuel your strategic goals.
Revolving access, when available
Approved businesses may draw and repay within the lender’s terms. Limit and availability depend on assessment.
Understand draw timing
The lender’s offer and account terms will explain how to request funds and when an approved draw can reach your account.
Know the cost of the facility
Interest, fees, payment frequency, and treatment of unused capacity vary by lender. Review the full cost before accepting.
Security depends on the offer
Some facilities may be unsecured while others may require security or a guarantee. Your written lender offer will set this out.
A transparent approach to business funding
Your Thrivewell advisor helps you review available funding options. Lender terms, costs, security, and timing are confirmed in the written offer.
Apply for an available facility
Lines of credit are reserved for the strongest profiles and remain subject to lender approval, conditions, and any review requirements.
Start ApplicationDraw what you need from the portal
If approved, your lender will explain how to request draws, view availability, and make repayments under the facility.
See your offersRepay on a schedule that fits
Repayment schedules and whether credit becomes available again depend on the facility terms. Check the offer for early repayment provisions.
Talk to an advisorFuture draws remain conditional
Further draws and renewals depend on the lender’s terms, account performance, and available credit at the time.
Get fundedBusiness Line of Credit
FAQs
Quick answers on rates, structure, and timing. Still have a question? Talk to a specialist.
- They solve different problems. A line may suit recurring or changing cash needs, while a term loan may suit a one-time investment. The right choice depends on the offer, cost, repayment schedule, and your cash flow.
- That depends on the lender and facility. The written offer should explain interest, commitment or non-use fees, and how charges are calculated.
- Draw timing depends on the lender, request method, approval conditions, and banking rails. Your facility terms should explain the expected timing.
- Lines of credit are generally reserved for the strongest profiles. Lenders consider trading history, revenue, cash flow, documentation, and other risk factors; there is no single public cutoff.
- You can ask whether a limit review is available, but an increase is not guaranteed. The lender may reassess performance, documentation, security, and affordability.
Is a line of credit better than a term loan?+
Do I get charged when the line is unused?+
How quickly can I draw funds?+
Who is considered for a line of credit?+
Can I increase the limit later?+
Ready to fund your company's future?
Start your Canadian business funding application online. An advisor will review your needs and explain any available lender offers.