Chris was fantastic throughout my process as he's always available to answer any questions. His knowledge and professionalism made the experience stress-free. Highly recommend!Very quick to get the application approved in one day and very good service. Highly recommended for a growing business.I have been dealing with Chris for the past year .. he has helped me a lot with my new business easy to deal fast and over all a great customer service.. if anybody is looking for a small funding fot there business this is the right company .This company have been great to me in my business. Always coming through for me. Thanks Chris… you’re amazing
Chris was fantastic throughout my process as he's always available to answer any questions. His knowledge and professionalism made the experience stress-free. Highly recommend!
Very quick to get the application approved in one day and very good service. Highly recommended for a growing business.
I have been dealing with Chris for the past year .. he has helped me a lot with my new business easy to deal fast and over all a great customer service.. if anybody is looking for a small funding fot there business this is the right company .
This company have been great to me in my business. Always coming through for me. Thanks Chris… you’re amazing
Does My Business Qualify?
Located in Canada*
Generating at least $10,000 each month in sales for the last 6 months
*excluding Quebec
Inquire today to see how Capital Advance can provide you with funding you can count on
By submitting this form, you consent to receive communications (text, calls and/or emails) from Capital Advance.
No Hidden Fees. No Credit Checks. No Collateral. No Surprises.
From small startups to major enterprises,
businesses across Canada rely on us.
Get Direct Cash Flow for Your Small Business
$10,000 to $100,000 in 24 Hours
Early Repayment Discount
No Indiscriminate Debt Stacking
Additional Capital Availability
Our Partnership Promise
Get Direct Cash Flow for Your Small Business
$10,000 to $100,000 in 24 Hours
Early Repayment Discount
No Indiscriminate Debt Stacking
Additional Capital Availability
Our Partnership Promise
Proud Member of the Canadian Lenders Association
Industries We Serve
Flexible Business Funding for These Industries
Salon/Spas
Retail
Restaurants
Manufacturing
Automotive
Skilled Trades
Trusted by Businesses of Various Sizes and Industries
Chris was fantastic throughout my process as he's always available to answer any questions. His knowledge and professionalism made the experience stress-free. Highly recommend!Very quick to get the application approved in one day and very good service. Highly recommended for a growing business.I have been dealing with Chris for the past year .. he has helped me a lot with my new business easy to deal fast and over all a great customer service.. if anybody is looking for a small funding fot there business this is the right company .This company have been great to me in my business. Always coming through for me. Thanks Chris… you’re amazing
Chris was fantastic throughout my process as he's always available to answer any questions. His knowledge and professionalism made the experience stress-free. Highly recommend!
Very quick to get the application approved in one day and very good service. Highly recommended for a growing business.
I have been dealing with Chris for the past year .. he has helped me a lot with my new business easy to deal fast and over all a great customer service.. if anybody is looking for a small funding fot there business this is the right company .
This company have been great to me in my business. Always coming through for me. Thanks Chris… you’re amazing
Why Partner With Capital Advance?
Access Capital Quickly
Receive funding fast, often within 24 hours for qualifying businesses. Avoid the delays typically associated with traditional funding sources.
Discover Direct Funding
Experience the difference with direct funding focused solely on your business needs. Avoid third-party brokers and commission-driven agendas for a straightforward, honest partnership.
Access Capital Quickly
Receive funding fast, often within 24 hours for qualifying businesses. Avoid the delays typically associated with traditional funding sources.
Discover Direct Funding
Experience the difference with direct funding focused solely on your business needs. Avoid third-party brokers and commission-driven agendas for a straightforward, honest partnership.
Support Business Growth
Leverage our funding to expand, invest in new equipment, or increase your operational capacity. Utilize our financial solutions during periods of low cash flow to keep your business thriving.
Receive Personalized Service
Benefit from customer care that understands and responds to your unique business context. Work with a team that prioritizes your business’s success and growth.
Simplify Application Processes
Save time with our efficient, one-application approach. Directly access your funding, free from third-party broker interference.
TESTIMONIALS
Loved by Small Business Owners All over the Country
”The guys at Capital Advance Corp are the true supporters of small businesses in Canada. Chris was always quick to respond to emails and prompt in processing funding requests and applications. Thank you guys for all you do!
Francis
”I highly recommend Capital Advance. The whole process was fast and simple. George was such a pleasure working with. He helped me every step of the way and truly seems to care about my business! Huge thank you to George and his team.
Marisa
Compare
Standard Business Loans to Merchant Cash Advances & Term Funding
Business Loan
A business loan is a sum of money that a company borrows from a bank or other financial institution to financially manage planned or unplanned events. In doing so, the borrower incurs a debt, which they then pay back with interest and within a given period of time.
Requirements
- Time in business – Typically, you need two years of business history to qualify for a traditional business loan.
- Credit score – Check required and a minimum credit score of 650 is generally required to qualify for a business loan.
- Collateral – Some business loan options may require collateral to back the loan or line of credit. Collateral may include business equipment, a vehicle, or your home.
- Paperwork – Require financial statements and tax returns, business plan, personal financial statements of owners, as well as articles of incorporation and ID.
Advantages
- Term – 1 to 5 years.
- Interest Rate – Pegged to Prime rate + risk metric.
Disadvantages
- Processing time – 1 to 6 weeks.
- Requirements above
Or call us
1-888-326-8239
Merchant Cash Advance & Term Funding
A merchant cash advance or term funding is an alternative type of business financing that advances a lump-sum payment based on prior sales (and thus predicted future sales), at a fixed cost. Essentially guaranteeing the advance with future revenue. This type of financing is typically for businesses that get revenue through credit card sales. The advance isn’t technically a business loan, and MCAs don’t report your payment history to the credit bureaus. So you won’t build credit through this financing. Eligibility guidelines for MCAs are loose, making it easy for businesses with bad or no credit to get approved.
Requirements
- Time in business – 6 months.
- Credit score – N/A as no credit checks are done(Lien checks will be done, but this don’t effect credit score).
- Collateral – N/A as no collateral required (unsecured).
- Paperwork – Require prior 6 months of bank statements. Prior to funding require driver’s license, articles of incorporation and a void cheque.
Advantages
- Processing time – 24 hours.
- Requirements above are less and more flexible than applying for a business loan.
Disadvantages
- Shorter term – 3 to 8 months.
- Higher cost of capital
Or call us
1-888-326-8239
Get the Funding You Need in 24 Hours, Regardless of Credit Score
No Hidden Fees. No Credit Checks. No Collateral. No Surprises.
Inquire today to see how Capital Advance can provide you with funding you can count on
By submitting this form, you consent to receive communications (text, calls and/or emails) from Capital Advance.
General FAQ
Is Capital Advance a direct lender or broker?
Capital Advance is a direct lender. We do not work with brokers and will never share or sell your information.
What are the minimum requirements for Business Funding in Canada?
Capital Advance requires you to have an established Canadian business for at least 6 months, that consistently generates more than $10,000 in gross revenue each month. At this time we do not provide funding in Quebec. We offer small business funding solutions such as working capital loans, which can help your business thrive.
What products do you offer that are a business loan alternative?
We provide term funding and merchant cash advances to small businesses in Canada.
If I didn’t qualify for a small business loan from my bank will Capital Advance approve me?
It is very likely that we will be able to provide you with quick short term funding, even if you are not eligible for a small business loan from your bank. Business loans require a minimum of 2 years in business, Capital Advance requires 6 months in business. A business loan requires a minimum credit score, Capital Advance does not do a credit check.
What other factors do you look at when determining my application approval?
In addition to the above minimum requirements we will assess your cash flow, debt obligations, supplier and rent payment history, years in business, industry, public records, social presence and other factors when determining your approval for business funding.
My business or I do have no credit history, will I be approved?
Capital Advance does not require you to have a minimum credit score and thus you are eligible to apply with no credit history.
Does Capital Advance fund startups or pre-revenue businesses?
Capital Advance does not provide start-up funding.
I have a low credit score, will I be approved?
Capital Advance understands that many life situations can affect your credit score and thus we do not take it into consideration when reviewing your business funding application. We offer solutions like bad credit business loans and no credit business loans.
How do I apply for working capital?
To apply for working capital loans please start here.
How long does the application process take?
Completing the application will take you less than 10 minutes to complete and we will provide you with an answer within 48 hours, giving you access to fast business loan options.
Do you do a credit check?
Capital Advance does not do a credit check.
If I have a business loan, other term funding or a merchant cash advance will I still qualify?
Capital Advance will provide you capital even if you have an existing loan, line of credit or funding from another alternative working capital lenders. We will however assess your current debt obligation and balances to determine how much working capital loans you qualify for.
Does Capital Advance provide unsecured business loans?
Capital Advance provides only unsecured business funding products. Unlike a bank loan which typically requires collateral.
Does Capital Advance provide personal loans?
Capital Advance does not provide personal lending.
What can I use the funds for?
Your funds can be used for nearly any business need! From inventory funding and marketing to payroll and renovations, a merchant cash advance provides the flexibility to invest where your business needs it most.
Is a merchant cash advance right for my business?
A merchant cash advance could be ideal for a business that quick business funding and has steady sales. It’s especially helpful for seasonal businesses or those with fluctuating cash flows.
How often will I need to make payments?
Repayment of your merchant cash advance will be made automatically through a pre-authorized debit from your bank account daily or weekly. This allows for manageable payments, instead of a sizable monthly payment.
Will I be able to repay my balance early?
You may make an early repayment of your balance at any time. In addition to not charging you any penalties we will provide you with a 10% discount on the outstanding balance at that time. This is one of the many Capital Advance Advantages.