Capital Advance
Capital Advance provides a stress-free financing option for small to medium sized businesses that need an alternative. They offer funding with no hidden fees, no collateral, and no surprises. Businesses can get cash for inventory, marketing, or expansion.
Expert Review
Best For
This lender is ideal for Canadian small to medium-sized businesses seeking fast, unsecured financing for inventory, marketing, or expansion.
Our Take
Capital Advance is a relatively new player in the Canadian business financing landscape, established in 2020, focusing on providing quick and straightforward funding solutions. They cater specifically to small to medium-sized businesses looking for alternatives to traditional bank loans, emphasizing transparency with no hidden fees or collateral requirements. Their offering of Merchant Cash Advances and Business Term Loans makes them a viable option for businesses needing rapid access to capital for growth or operational needs.
What We Like
- Fast funding within 48 hours.
- No collateral required for financing.
- Transparent with no hidden fees.
- Offers both Merchant Cash Advance and Business Term Loans.
- Flexible repayment options (daily or weekly).
Where to Improve
- Limited term lengths (1-5 months) may not suit all business needs.
- Excludes businesses in Quebec.
- Minimum monthly revenue requirement of $10,000 might exclude very small businesses.
Verdict
Capital Advance is a strong contender for Canadian businesses needing quick, unsecured funding with clear terms. While their short repayment terms and provincial exclusions might be drawbacks for some, their speed and transparency make them a valuable option for eligible businesses.
Brand Signals & Trust
Years in Business
6+
Geographic Reach
12 provinces
Product Diversity
2 products
Trust Badges
Verified, Fast Funding
Products Offered
Merchant Cash Advance
Amount Range
$5,000 - $300,000
Interest Rate
Starting at 10%
Term
1 - 5 Months
Funding Speed
Under 48 hours
Eligibility
- Operational for at least 90 days
- Located in Canada (excluding Quebec)
- Must generate more than $10,000 per month
- Accept payment via a POS system
Business Term Loan
Amount Range
$5,000 - $300,000
Interest Rate
Starting at 10%
Term
1 - 5 Months
Funding Speed
Under 48 hours
Eligibility
- Operational for at least 90 days
- Located in Canada (excluding Quebec)
- Must generate more than $10,000 per month
Google Reviews
56 Google reviews
Monday: 9:30 AM – 5:30 PM
Tuesday: 9:30 AM – 5:30 PM
Wednesday: 9:30 AM – 5:30 PM
+4 more days
Photos
Really wasn’t expecting anything faster than what I just experienced with capital advance. The process was pretty smooth and got a reply with an approval email within 1-2 hours and will highly recommend it to everyone. Chris helped at the time when no one else couldn’t and I will never forget that. Thanks again!
Chris was literally the only one I could find to solve our short-term cash flow issue in a pinch. Extremely cordial and professional throughout, we are looking forward to doing more business in the future as Evolectra scales nationally and beyond. Thank you Chris!
I can’t say enough good things about Chris. He has been incredibly supportive and understanding during some very challenging times. He took the time to explain everything clearly, never made me feel rushed or judged, and genuinely cared about finding solutions that worked for my situation. It’s rare to find someone so patient, honest, and reliable in this industry. I’m extremely grateful for his help and would highly recommend him to anyone looking for a lender who truly has your best interests in mind.
Ive used these guys twice now! Service is phenomenal! Fast response times, easy to work with and overall just a good team! Little higher interest rates but still highly recommend them to anyone!
Chris was very detailed and very helping, Follow up was great.no push. Thank you for attending to my business cash flow.well appreciated
How Capital Advance Compares
Quick Eligibility Check
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