Most business owners looking for unsecured business loans in Canada run into the same problem. Lenders want collateral or a personal guarantee before they’ll hand over any money. Your house, your equipment, something they can take if things don’t work out. At Canada Capital we don’t work that way. We offer unsecured business loans and unsecured business funding based on your revenue. No collateral, no personal guarantee, no putting your personal assets at risk.
How Unsecured Business Loans Work
We look at your sales. That's the main thing. How much your business is bringing in, how consistent it is, and how long you've been operating. If the numbers work we fund you.
You can get a lump sum of small business capital or an unsecured business line of credit depending on what your business needs. Lump sum is better when you know the exact amount and what it's for. A line of credit without collateral is better when you want ongoing access to funds and only want to pay on what you draw. We break down the differences here.
For larger businesses looking for an unsecured corporate line of credit we can structure deals through our partner network. We work with funders that go up to $5 million so deal size isn't usually a limitation.
Who Qualifies for Unsecured Business Loans in Canada
Any small or medium sized business with consistent revenue. Restaurants, retail, contractors, trucking, salons, e-commerce. We work with most industries across every province.
Bad credit doesn't automatically disqualify you. Banks weigh your credit score heavily but we're more focused on what your business is doing right now. If your sales are solid and your credit has some rough spots you can still get approved for an unsecured business loan in Canada through us.
Why Business Owners Choose Unsecured Business Funding
Because they don't want to risk what they've built personally. A secured loan means if something goes wrong the lender comes after whatever you pledged. Could be your home, your car, your equipment. With unsecured business loans no personal guarantee is needed. The deal is backed by your business revenue and that's it.
Some of our clients have collateral they could put up but choose not to. Others don't have any to offer. Either way the result is the same. You get funded without your personal finances being on the line.
What It Costs
Unsecured business loans cost more than secured ones. No way around that. When there's no collateral the lender takes on more risk and the pricing reflects it. That's industry wide not just us.
We show you the total cost, payment schedule, and term length before anything is signed. You know exactly what you're paying and for how long.
Apply for Unsecured Business Loans in Canada
Apply here. Takes a couple minutes. Our team gets back to you and walks through what you'd qualify for and what the numbers look like.
-
Can I get an unsecured business loan with bad credit?
Bad credit doesn't automatically mean you can't get funded. Banks focus heavily on credit scores but we're looking at your business revenue. If your sales are consistent and your business is performing well a rough credit history isn't going to be the thing that stops you. It's a factor but it's not the only factor.
-
How much can I get with an unsecured business loan?
It depends on your business revenue and the structure of the deal. Through our in house funding and partner network we can do deals up to $5 million. Most small business deals are smaller than that but the option is there if your business supports it.
-
How fast can I get funded?
We've funded businesses the same day they applied. Not every deal moves that fast but most clients hear back from us within 24 hours. Banks take weeks for this kind of thing. We don't.