- Business Lending
Financing to
move your business forward
Get $5,000 to $500,000 with flexible terms built around your cash flow. Apply online in minutes to see what you qualify for.
From $5K to $500K
From a single equipment purchase to opening a new location.
6 to 24 months
A fixed end date, so you know exactly when you’re done paying.
Full terms up front
See your exact amount, cost, and repayment schedule before you sign anything.
- Built for what's next
Turn your business up a notch
Invest in your tools.
Buy the equipment that lets you take on bigger jobs, or replace what's been slowing you down.
Keep things running.
Cover payroll, restock inventory, or get through a slow season without putting plans on hold.
Plan your next move.
Open a new location, launch something new, or take on the project you've been putting off.t
- Requirements
Here’s what you’ll need
Have these ready when you apply. Your information is kept secure and is only shared with the partners involved in reviewing and funding your application.
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Retail
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Restaurant
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Automotive
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Salons & Spa
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Cannabis
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Transportation
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Manufacturing
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SaaS
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Medical
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Dental
- Who we fund
Qualified industries
Don’t see yours listed?
Most businesses still qualify.
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Retail
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Restaurant
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Automotive
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Salons & Spa
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Cannabis
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Transportation
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Manufacturing
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SaaS
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Medical
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Dental
Automotive
Medical
Dental
SaaS
Cannabis
Retail
Salons & Spa
Restaurant
Transportation
Manufacturing
Automotive
Medical
Dental
SaaS
Cannabis
Retail
Salons & Spa
Restaurant
Transportation
Manufacturing
Automotive
Medical
Dental
SaaS
Cannabis
Retail
Salons & Spa
Restaurant
Transportation
Manufacturing
Automotive
Medical
Dental
SaaS
Cannabis
Retail
Salons & Spa
Restaurants
Transportation
Manufacturing
- Business Lending FAQ
Frequently asked questions
How much business financing can I get?
Spring Financial offers business financing from $5,000 to $500,000 for Canadian businesses. Your amount depends on your business’s revenue, credit profile, and other factors reviewed during your application.
Is business financing the same as a business loan?
Business financing is a broader term that covers several types of funding, including business loans, business lines of credit, and merchant capital advances. We offer all three, so you can choose the option that best fits your business’s needs.
What do I need to qualify for business financing?
Your business will generally need at least $10,000 in monthly revenue, and you’ll need a credit score of 600 or higher. Your exact eligibility is confirmed when you apply.
What are the repayment terms?
Terms range from 6 to 24 months. Your term is set based on your application and will be clearly shown before you sign.
How much does business financing cost?
Your cost is determined individually based on your business’s revenue, credit profile, and other factors. You’ll see your full terms, including your total repayment amount, before you sign anything.
What documents do I need to apply?
You’ll need government-issued ID, basic business details (name, industry, and time in business), 6 months of business bank statements, and your business banking details for funding.
How do I apply?
You can apply for Spring Financial business financing online by clicking here and sharing some details about your business and uploading your documents. Once your application is reviewed and approved, funds are sent directly to your business bank account.
How long does it take to get funded?
Timing depends on your application, but having your documents ready when you apply helps things move faster.
What can I use business financing for?
Common uses include payroll, inventory, equipment, renovations, expansion, and covering unexpected costs.
What industries do you work with?
We work with a range of industries, including restaurants, retail, e-commerce, skilled trades, automotive, manufacturing, transportation, salons and spas, medical and dental practices, and SaaS. If your industry isn’t listed, you can still apply.
Does Spring Financial provide the financing directly?
Spring Financial works with financing partners to fund approved applications. You’ll see all the details of your offer before you sign.
Find out what your business qualifies for.
A quick application is all it takes to see your options.