Business Loan
Big Loans Word provides access to business financing options for eligible Canadian businesses. Financing is subject to application, eligibility, underwriting, verification and the terms of the applicable financing agreement.
What is Business Loan
A business loan is money borrowed by a business from a bank, lender, or financial institution to fund business needs.
Rate & Cost Disclosure
The applicable interest rate, financing charges, fees, payment amount, repayment period and total repayment cost will depend on the approved financing product.
Do not rely on an advertised rate as a guaranteed rate. Your actual rate and terms may differ.
Where applicable under Canadian law, required cost-of-borrowing disclosures will be provided before the financing agreement is accepted.
Representative Example
Illustrative example only — not a commitment to lend:
A business approved for $50,000 CAD may receive financing with a specified interest/financing rate and repayment term based on the applicant’s circumstances and the applicable product.
The actual payment amount, financing cost, fees and total repayment amount will be provided in the applicable financing disclosure and agreement.
Get Your Questions Answered
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1.Determine your financing needs.
2.Prepare your documents.
3.Apply through a application
The business loan approval process in Canada can take anywhere from a few business days to several weeks, depending on the lender, loan amount, business profile, documentation, and complexity of the application. Applications with complete and accurate information may be processed more quickly. Final approval is subject to credit assessment, verification, lender requirements, and applicable loan terms.
Quick Links
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Contact Info
123 Business Avenue, Suite 500 Toronto, Ontario M5V 2T6 Canada
Need Help ? Email us
info@bigloansord.com
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