No matter the business is newly established or existing, it will try to get a loan from a bank, but this is often a waste of time. Keep in mind that banks along with guarding your money, guard a few secrets. Firstly, they won’t tell you that the larger they are, the longer you will have to wait for every step, from meeting with an advisor to getting approval to receiving the financing. Secondly, if you apply for a loan at a bank you’ve worked with before, the chances are you won’t receive any special benefits for your loyalty. Thirdly, banks often aim to reject small business loans as the loans aren’t a profitable financial product for them.

Since thousands of good businesses can’t get the funding they need from a particular bank, many go to alternative lenders and get overcharged. At Capitex, we proudly believe that small Canadian companies deserve better treatment. You should be able to get rapid and straightforward financing without overpaying. We offer: