There are various financial institutions and lenders in Canada who offer cash flow financing to businesses. Some of the notable ones are noted here however, when it comes to a professional match you only have to ask an experienced advisor: Debt OR Equity
- Banks: Major banks in Canada such as Royal Bank of Canada (RBC), Toronto-Dominion Bank (TD), Bank of Montreal (BMO), Scotiabank, and Canadian Imperial Bank of Commerce (CIBC) provide various cash flow financing options including lines of credit, invoice financing, and term loans.
- Credit Unions: Many credit unions across Canada offer cash flow financing solutions tailored to small and medium-sized businesses.
- Alternative Lenders: Non-bank financial institutions and alternative lenders like Merchant Growth, Thinking Capital, and OnDeck provide cash flow financing options designed to meet the needs of businesses that may not qualify for traditional bank financing. These are main stream brands…you don’t call an advisor when you can find these funders yourself. The funders who pour their funds into their clients and not marketing that you may be searching for…and who we work with regularly.
- Government Programs: The Canadian government also offers various programs and initiatives aimed at providing financial assistance to businesses, which can include cash flow financing components. These programs are often administered through entities such as Export Development Canada (EDC), Farm Credit Canada ( FCC ) or the Business Development Bank of Canada (BDC).
- Private Equity and Venture Capital: For high-growth startups and established businesses, private equity firms and venture capital funds can provide cash flow financing in exchange for equity or ownership stakes. This type of ‘raise’ is for information purposes where equity injections are your company’s preferred investment, not debt financing that we offer and originate regularly.
Before selecting a cash flow financing provider, ownership should carefully assess their needs, compare terms and rates, and ensure that the chosen option aligns with their financial goals and circumstances. Consulting with financial advisors or business experts may also be beneficial in making informed decisions.