MHB Financial
Founded in 2020, MHB Financial is a trusted partner for Canadian businesses seeking working capital solutions. They offer a range of flexible funding options, acting as both a lender and a broker to provide competitive rates and tailored solutions. MHB Financial focuses on speed, transparency, and personalized service to help businesses achieve their financial goals.
Expert Review
Best For
MHB Financial is ideal for small and mid-sized Canadian businesses generating at least $20,000 in monthly revenue and operating for three months or longer, seeking working capital or cash flow solutions.
Our Take
MHB Financial has quickly established itself as a flexible, speed-driven business funding partner for Canadian companies. Their hybrid model, acting as both a lender and a broker, allows them to fund deals directly and source competitive options, tailoring solutions precisely to a business's needs. This approach makes them a performance-based lender built for operators who need capital to move quickly.
What We Like
- Speedy application, approval, and same-day funding process.
- Broad range of solutions including unsecured term loans, invoice factoring, and asset-based financing.
- Revenue-based approach to decisions, focusing on business performance rather than solely credit scores.
- Hybrid model as both a lender and a broker provides tailored options.
- Empowered over 10,000 clients with over $100 million in funding.
Where to Improve
- Cost can be higher than traditional bank financing, with rates starting around 7.99%.
- Weekly or bi-weekly repayment schedules may pressure cash flow for some businesses.
- Borrowers need to carefully understand the total cost and impact of different funding structures.
- Less suitable for startups with no revenue or those seeking long-term, low-interest bank-style loans.
Verdict
MHB Financial is a strong option for revenue-generating businesses needing fast, flexible, and customized capital. It's best for operators who prioritize speed and tailored solutions over the absolute lowest interest rates. For growth-oriented businesses, MHB Financial offers a practical and well-rounded alternative to traditional banking.
Brand Signals & Trust
Years in Business
6+
Geographic Reach
Canada-wide
Product Diversity
1 product
Customers Served
Over 10,000
Trust Badges
Quality Lender, Fast Funding
Products Offered
Business Loans (Working Capital, Invoice Factoring, Merchant Cash Advance, Line of Credit, Secured Asset-Based Loans, Point of Sale Financing)
Amount Range
$5,000 - $2,000,000
Interest Rate
From 7.99%
Term
2 - 36 Months
Funding Speed
Same day
Eligibility
- Must generate a minimum of $20,000 in monthly revenue
- Must have been in business for at least 3 months
Google Reviews
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How MHB Financial Compares
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