Canada
Business funding for Canadian companies
Merchant cash advances and revenue-based funding from $10,000 to $350,000 for Canadian businesses. Same-day decisions, funds in 48–72 hours, and one underwriting desk from application to contract.
What a Canadian business needs
- 12+ months in business under the same ownership
- About $50,000 a month in business deposits
- 550+ credit score
- Active Canadian business operating account
- Three most recent months of complete business bank statements
No tax returns and no business plan. The three months of statements do the work, and photo ID and a void cheque are only asked for once an offer is accepted.
Provinces we review
Industry matters more than province. Cannabis, gambling, adult, collections, credit repair, real estate holding companies, staffing agencies and non-profits are outside what we fund on either side of the border.
Canadian funding questions, answered
Does Workable Funding fund Canadian businesses?
Yes. Canadian files are underwritten and managed through the same Workable funding desk as US files. Transactions may be funded directly or through Workable's own capital relationships under our contract. Advances run from $10,000 to $350,000 CAD equivalent.
What does a Canadian business need to qualify?
At least 12 months in business, roughly $50,000 a month in deposits, a 550+ credit score, an active Canadian business bank account, and the three most recent months of complete business bank statements.
Which provinces can be funded?
Canadian businesses across the provinces are reviewed, including Ontario, Quebec, British Columbia, Alberta, Manitoba, Saskatchewan, Nova Scotia, New Brunswick and Newfoundland and Labrador. Industry restrictions, not geography, decide most files.
How fast is a decision on a Canadian file?
A complete file submitted during business hours gets an answer the same business day, usually within about 90 minutes, and funds typically land within 48 to 72 hours of a signed contract.
How are payments collected in Canada?
Payments come out of the business operating account on a daily or weekly schedule agreed up front, sized to what the bank statements can carry.
Does applying affect personal credit in Canada?
No. The decision is driven by business bank statements, not a hard credit pull.
Send the statements, get a real answer today
Apply online or email three months of business bank statements and we will come back with an offer or a straight answer on what is missing.