No-Collateral Working Capital

An innovative approach to business financing blends thoughtful customer care,
complete transparency and smart technology to provide accessible financing that
makes sense. Our modern business financing options allow
small business owners fast & easy, no-collateral access to working capital, with flexible
payback options responsive to the ebbs and flows of your business cycles.

Preferred Industries:

  • Restaurants, Pubs, Cafes, Food Services
  • General Contracting (annual revenue $100k)
  • Automotive Repair & Servicing
  • Health & Wellness Spas
  • Health Care Professionals & Clinics
  • Florists
  • General Retail

Minimum Credit Criteria

  • Minimum 6 months in business
  • Minimum $10,000 per month in average sales
    over the last 6 months
  • Active commercial lease, no home businesses
  • Must be a Canadian Business
  • No collateral required
  • Available to support all types of businesses

Example – High End Specialty Bakery
(8 Business Days to Fund)
Owners One with Credit Scores > 600, Renter (All Capital Invested Business), No Past Bankruptcy
Years in Business – 12 Years
Purpose Working Capital for a New Retail Store Location Opening (Staffing, Marketing, Launch Event ect.)
Funding and Term Requested
$80,000, 12 Months, Daily Repayment (Banking days only)
Avg. Monthly Revenue
$120,000 and New Retail Store Location will increase future revenues significantly
Lease Expiry Existing Store Location: 2 Years Remaining with Renewal Option
New Store Location: 7 Years with Renewal Option
Existing Lenders
BDC provided $250K Term Loan for New Location Leasehold Build Out
Existing D2D Bank – TDCT- would not provide an Operating Line of Credit for Working Capital

Example – Full Service Auto Repair Shop
(10 Business Days to Fund)
Owners Family Business. Two with Credit Scores >700, Homeowners, No Past Bankruptcy
Years in Business 50 Years!
Purpose Working Capital for Inventory and Shelfing system in order to expand their retail product
Funding and Term Requested
$200,000, 12 Months
Avg. Monthly Revenue
$250,000 and growing steadily
Lease Expiry 9 years remaining
Existing Lenders
BNS provided a $100K Operating LOC