Merchant Growth
Merchant Growth is one of Canada’s fastest and most friendly alternative financiers, helping businesses grow since 2009. Their innovative approach blends thoughtful customer care, complete transparency, and the latest technology to provide fast accessible financing to small businesses in Canada. They work hard to make business financing easy to understand, accessible for everyone, and make the whole process quick.
Expert Review
Best For
Merchant Growth works best for small businesses with consistent sales that need working capital to grow, stabilize cash flow, or respond to short-term opportunities.
Our Take
Merchant Growth is an established Canadian alternative lender focused entirely on small business financing. Operating since 2009, they have funded over $150 million to more than 1,700 businesses, building a reputation for speed, transparency, and hands-on customer support. They offer both fixed-term business loans and revolving lines of credit, with funding available as quickly as one business day.
What We Like
- Speed of funding (as quickly as one business day)
- Transparency around cost and structure
- Membership in the Canadian Lenders Association
- Availability of both term loans and lines of credit
Where to Improve
- Cost can be significant at the higher end of the rate range (up to 40%)
- Daily or weekly repayment schedules can be restrictive for some businesses
- Documentation requirements may feel heavier compared to ultra-light fintech lenders
Verdict
Merchant Growth is a strong option for Canadian small businesses needing fast, accessible financing with clear repayment terms, especially for short- to mid-term working capital. While traditional bank loans may be more affordable, Merchant Growth offers a practical and experienced alternative when speed and simplicity are paramount, helping businesses move quickly towards growth.
Brand Signals & Trust
Years in Business
17+
Geographic Reach
Canada-wide
Product Diversity
2 products
Customers Served
Over 1,700
Trust Badges
Quality Lender, Enduring Excellence
Products Offered
Business Loan
Amount Range
$5,000 - $800,000
Interest Rate
7.99% – 39.99%
Term
6 – 24 Months
Funding Speed
1 Business Day
Eligibility
- Minimum $5,000 sales per month
Line of Credit
Amount Range
$5,000 - $800,000
Interest Rate
Starting at 7.99%
Term
N/A
Funding Speed
1 Business Day
Eligibility
- Minimum $5,000 sales per month
Google Reviews
186 Google reviews
Monday: 9:00 AM – 5:00 PM
Tuesday: 9:00 AM – 5:00 PM
Wednesday: 9:00 AM – 5:00 PM
+4 more days
Photos
⭐⭐⭐⭐⭐ I want to give a big thank you to Bruno at Merchant Growth for his incredible support in helping my small business, Patton Motorcars, secure the capital we needed to grow. Bruno was professional, knowledgeable, and truly cared about helping me move my business forward. The process was smooth and efficient, and his guidance made all the difference. Thanks to his help, we’re now in a stronger position to build and expand. Highly recommend Bruno and the team at Merchant Growth!
I had a great experience with Merchant Growth. The process was clear and smooth, and the funding was deposited into my account very quickly. I would especially like to thank Jordan Goldberg for his professionalism, patience, and support throughout the process. He explained everything clearly and helped me get the funds when I really needed them. Highly recommended
My experience with Merchant Growth couldn't have been better! Bruno was a pleasure to deal with, so friendly, helpful and efficient. Such a nice break from dealing with banks and their limitations. The weekly payments based on your business performance makes it so easy. Merchant Growth works with you to find a solution that will work best for you and your business... I definitely recommend and will continue to work with them in the future!
They are very helpful, I got the funds within few hours after I signed back. I wanted to thank Nic Morello. Guide me through and explain very clear to me. Thanks Nic. Great job.
Great working with Merchant Growth! They came through for us in a time where our business needed to shift our focus on a different market due to the single family home market being stagnant.The process was simple and quick and we got funded in a matter of days. Highly recommend them for your business funding.
How Merchant Growth Compares
Quick Eligibility Check
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