Driven
Driven is Canada’s leading fintech dedicated to small businesses, providing flexible capital, personalized support, and next-generation data science and technology. Since 2006, Driven has empowered over 17,000 Canadian businesses to survive, thrive, and grow. They offer fixed-term business loans to support various business needs.
Expert Review
Best For
Driven is ideal for established small and medium-sized businesses needing fast, predictable financing for growth initiatives or operational improvements.
Our Take
Driven is a long-standing fintech lender exclusively focused on Canadian small businesses, operating since 2006 and supporting over 17,000 businesses. They offer fast access to capital with hands-on support and data-driven underwriting tailored to real-world business performance. Their fixed-term business loans range from $10,000 to $300,000 with predictable repayments.
What We Like
- Clarity and transparency in total cost of borrowing with no hidden fees.
- Range of term options (3-24 months) and flexible repayment schedules (daily, weekly, biweekly).
- Nearly two decades of experience structuring products around practical business needs.
Where to Improve
- Shorter-term loans can lead to aggressive repayment schedules, requiring businesses to generate returns quickly.
- Documentation requirements, including CRA documents and site visits, can be heavier than some newer fintech lenders.
- Final pricing varies by business profile, and not all applicants qualify for the lowest advertised rates.
Verdict
Driven is a strong option for Canadian small business owners prioritizing speed, certainty, and access to capital for growth. While not the cheapest for those qualifying for bank loans, its structured approach and experience make it a valuable alternative for strategic business financing.
Brand Signals & Trust
Years in Business
20+
Geographic Reach
Canada-wide
Product Diversity
1 product
Customers Served
17,000+
Trust Badges
Quality Lender, Enduring Excellence
Products Offered
Business Loan
Amount Range
$10,000 - $300,000
Interest Rate
From 8.39%, exact cost shown before commitment, interest included in repayments, no hidden fees.
Term
3 - 24 Months (3, 4, 6, 9, 12, 18, 24 months)
Funding Speed
Within 48 hours upon approval
Eligibility
- Existing small to medium sized businesses across Canada
- Businesses in various industries including restaurants, retail, auto repair, health and beauty, construction
Google Reviews
574 Google reviews
Monday: 9:00 AM – 8:00 PM
Tuesday: 9:00 AM – 8:00 PM
Wednesday: 9:00 AM – 8:00 PM
+4 more days
Photos
2021 Nissan Kicks SR Black. Thank you MOE for such a impressive help to make it happened. I got my first car because of you. I do appreciate all the time you spend to approved my Car. Such a smooth paper works and friendly approaching to us. Thank you for your dedication at your work just to approved my Car. And they also delivered it great with your friendly and nice drivers. Two thumbs is not enough for all your deligent and patient help to us. Moe your so awesome. I will surely introduce you to my friends. Such a great and awesome service Driven.🥰🥰🥰🫰🫰🫰❤️❤️❤️😊😊😊
2023 ford edge titanium 2.0L turbo. Was a wonderful experience. Never had a person work so hard on making sure I get a trade in and new approval after multiple places I went! She was honest and made sure she made a strong case for the bank where they can’t say no. She’s very caring and hard working! You want what you’re looking for give her a call she will make sure you get it at a good cost. Thank you Jennifer Pham !!!
Tyler was amazing!! He got me approved and into my car of choice even in a tough credit situation, he handled everything with patience and positivity, I couldn’t have asked for someone better through this process 🙏🏽 The entire team was super welcoming and amazing, thankyou Tyler and Sonia I’m so thankful 🫶🏼
I had an excellent experience with a representative named Joe. He was extremely helpful and very kind. I highly recommend this dealership for financing or purchasing your next vehicle. The staff is friendly, supportive, and truly committed to helping you get your dream car. Thank you, Driven Auto Dealer, and especially Joe.
Sonia is truly exceptional at what she does. She works tirelessly to ensure that every step of the process is efficient, seamless, and tailored to your specific needs. She takes the time to listen, genuinely cares about her clients, and provides thoughtful advice and clear guidance throughout. If you are looking for someone to partner with you and help navigate any challenges along the way, Sonia is absolutely someone you can trust. She is open, honest, transparent, professional, and highly knowledgeable. I am incredibly grateful for all of her support and assistance. The Driven team is equally impressive. Their professionalism, positive energy, and welcoming atmosphere make the entire experience even better. The staff is friendly, engaging, and a pleasure to work with. I highly recommend them — they truly go above and beyond. Thank you again for such an outstanding experience.
How Driven Compares
Quick Eligibility Check
Get a quick indication of whether you might qualify with Driven.
This is an estimate only and does not guarantee approval. For a detailed assessment, use our full loan estimator.