Tell us what kind of business financing you're looking for. We'll take it from there.
Get instantly matched with the best business financing for you.
Bask in the satisfaction of saving thousands on business financing!
With Comparewise, you’ll be able to compare the best business loans from the best lenders in Canada. Want to know what the latest business loan rates are in Canada? All you have to do is fill out the form above to try our free, no-obligation service, and we'll connect you with business loan brokers who get rates from a variety of lenders.
Beat the market by accessing the best, most current rates in seconds.
You'll never pay a cent for Comparewise services. We're 100% lender-funded.
We shop around so you don't have to. Skip the search and get the best rate.
Rest assured that your application is secure. We connect you with only top providers.
Have a different question? Contact us today.
A business loan is when money is borrowed from a lender for business needs with an agreement to pay it back, with interest, in instalments over an agreed period. Business loans are specifically for business owners who need funding for business costs such as purchasing inventory or the expansion of their operation.
A business loan works in the same way as any other loan. The business receives a certain amount of money from a lender and repays it over a specified period including accrued interest. Payments can be made either monthly, bi-weekly, or weekly until the full loan amount owing is paid.
Acquiring funding in the form of a loan will enable you to purchase assets, such as new inventory or more efficient machinery, or to purchase property to expand your operation.
In a way, a business loan is an investment in your business by a lender. Therefore, before applying for one, determine how you will make the money to pay it back in the long term.
Start with a quote and get funds in 24 hours.
