Grow with a small business loan built for Canadian businesses.
Canadian term loans with clear terms and a payment schedule set out in your lender offer. Available amounts, cost, and timing depend on your business and assessment.
A versatile financial solution tailored to the evolving needs of small and medium-sized businesses.
Whether you’re expanding operations, investing in inventory, or managing a cash-flow gap, a term loan can provide working capital subject to lender approval.
Apply once and review any available offers with your advisor. Compare the structure, cost, and payment schedule before accepting.
Funding tailored to your business needs
Our small business loan offers rapid, transparent financing to fuel your strategic goals.
Amounts shaped to your needs
Available amounts depend on your revenue, time in business, cash flow, and the lender’s assessment of your request.
Clear funding expectations
If approved, your written lender offer will set out the funding timing and conditions. Timing varies by lender and file.
Simple online application
Start online with your business details. Depending on the lender, you may be asked for bank statements, financial information, and identification.
Review the full cost
Your written offer should explain the payment schedule, total repayment, fees, security, and any early repayment terms before you accept.
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.
Fast, easy online application
Tell us about your Canadian business and funding need. We’ll explain what information the lender needs to assess the request.
Start ApplicationClear visibility on every offer
Review any available loan offers side-by-side in your Thrivewell portal, including the terms and costs provided by the lender.
See your offersExpert guidance at every turn
A funding specialist can help you understand which available structure may fit your goal and answer questions about the lender’s offer.
Talk to an advisorFunded at the speed of your business
If you accept an offer, follow the lender’s closing steps. Funding timing depends on the lender, documentation, and approval conditions.
Get fundedSmall Business Loan
FAQs
Quick answers on rates, structure, and timing. Still have a question? Talk to a specialist.
- Depending on your business and lender availability, you may be considered for a term loan, line of credit, or another working-capital structure. Each option is subject to assessment and its own written terms.
- Credit checks and their effect vary by lender and product. Ask which type of check applies before proceeding; any final approval remains subject to the lender’s underwriting.
- For basic working-capital consideration, businesses generally need at least 6 months of trading and at least $10,000 in monthly revenue. Approval also depends on cash flow, documentation, and the lender’s assessment.
- Early repayment depends on the lender and the written offer. Check the agreement for any fees, discounts, or adjustments before accepting.
- Timing varies with the lender, product, documentation, and underwriting. Your lender or funding specialist can explain the expected decision and funding timeline for your file.
Are there alternatives to a small business term loan?+
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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.