Get up to 800 000$

100% Online Business Loans

Fast & easy business loans tailored to your business…

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100% secure process

100% Online Business Loans | Get up to 800 000$!

Get a 100% online business loan ranging from $5,000 to $800,000 in just a few business days!

Simply click on one of the large blue “Get Started” buttons to begin the application process.

How does it work?

3 easy steps

5 minutes

1. Fill out the questionnaire

Answer a couple simple questions about your financing needs thanks to our secure and easy to navigate quiz.

1 business day

2. Choose a financing option

Receive a call from one of our agents to navigate the financing options available to your business.

Same day

3. Get the funds for your business

Once approved and the contract is signed, receive your funds on the same day directly to your bank account.

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How does a 100% online business loan work?

An online business loan with fixed repayment consists of regular repayments until the loan and interest are paid in full. This type of loan is often used to help struggling businesses get through a tough time.

What are the eligibility criteria?

To qualify for a business loan, you must meet certain criteria:

Annual income: $120,000

The company operates in Canada

The company has been operating for at least 6 months

No active bankruptcy

Who can lend money to SMBs?

There are many lenders offering loans to SMEs in Quebec, such as banks, credit unions, finance companies, private investors and investment funds. However, SMEs are more often backed by private lenders or private investment firms.

What are you waiting for?

Get pre-approved in less than 5 minutes…

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100% secure process

FAQ

What is the business term loan rate?

Interest rates for fixed repayment business loans we offer vary between 8% and 29% depending on the financial health of your business and its owner. The stronger the financial situation, the more favorable the interest rate will be (and vice versa).

What are the eligibility criteria?

To be eligible for business financing of any type (fixed term loan, flexible funds, etc.) with us and our partners, you must meet the following criteria:
– Have a personal credit score of at least 550
– Have a business credit score of at least 1300
– Be a Canadian business
– Have an annual turnover of at least $120,000
– Have been operating in Canada for at least 6 months
– Not be in active bankruptcy

Which industries are not accepted?

Although we provide loans to over 700 industries, we and our partners cannot provide financing for certain industries considered risky: adult entertainment, government agencies, horoscope/divination, public administration, NPOs, firearms suppliers fire, religious organizations, money service businesses and all lottery/casino/betting related activities.

How does it work?

It’s simple! Click on any of the large blue “Get Started” buttons on this page to access the online prequalification quiz. If you meet the minimum criteria, you will be asked to provide your information so that our agent can contact you quickly. The process is completely online.

Do you accept bad credits?

Yes and no, the lowest personal credit score we are willing to accept is 550.

Example of repayment of a fixed-term loan

In the example of a loan of $90,000 at an interest rate of 9.4% repayable over 16 months, the monthly repayment payments will be $5,812.54. The total amount reimbursed will be $93,000, with interest amounting to $3,000.

You can use the following loan calculator provided by calculator.net to reproduce and see other examples of business loan repayment.

Why MicroCapital?

Our 100% Quebec-based company was created to offer Quebec SMEs a reliable, flexible and fast financing solution.

Satisfaction rate: 99.2%.

100% Canadian

We finance SMEs in over 700 different industries

Which industries are accepted?

Restaurants

Online shops

Retail businesses

Professional Services

Plants

Tourism

and more than 700 others…

MicroCapital offers personalized financial assistance for small and medium-sized businesses in Quebec, regardless of the sector of activity, whether it is the management of a factory, a restaurant, a retail business or another business.

Our customer satisfaction rate is high, close to 100%, and we support Quebec SMBs in more than 700 different sectors to help them obtain the financing they need, especially in times of financial difficulty.

What are you waiting for?

Solve your financial problems with our financing solutions. Click the button below to get started.

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