Term Funding is small business funding where business owners will make daily fixed payments within an agreed term (say 1 or 24 months) without accruing interest.

Absolutely nothing. There is no fee to apply and no strings attached.

To be approved for Term Funding, you must be in business for at least three months in Canada, have annual sales of $50,000 and not be an internet-based business.

Yes! Poor credit is not a problem; but, should not have an open bankruptcy.

The application process is quick and easy. From the moment you apply until the funds are in your bank account, takes about 5 to 7 days.

Repayment is easy. The agreed regular small, fixed payment withdrawn daily from the designated bank account. No need to worry of large, monthly payments.

Yes, the Term Funding is open and can pay-off without penalty at any time.

Yes, you can apply for Term Funding more than once, after the initial funding is paid in full.
Also, additional funding can be requested while the current one is in operation.

No interest charged on Term Funding. A flat fee is added to the funding amount.


A Merchant Cash Advance is not funding but a purchase of future credit card receivables, better known as receivable factoring.

Nothing. There are absolutely no application or set-up fees, closing costs or hidden cost.

We look at the average monthly Visa and MasterCard processing sales over a selected period, along with a credit report review, longevity of the business and if there are any other liens on the business.

From pre-approval to set-up for funding will take 3 to 5 business days.

We make cash advances from $3,000 to $500,000. Depending on your Visa and MasterCard sales, you could receive up to 100% of your processing volume.

A reserve of certain percentage of daily Visa and Master Card sales kept aside for repayment.

The percentage of reserve varies depending on the business revenue and results of underwriting.