Running a business in Canada means wearing many hats. And sometimes, opportunity shows up before your bank account is ready for it. A supplier might be offering a bulk deal you can’t pass up. Perhaps you’ve landed a big contract and need to hire or stock up fast. Or a slow season has stretched your cash flow thin and you need a bridge to get to the other side. For many owners, a working capital loan in Canada is the fastest way to close that gap.

In any of these situations, the right financing can be the difference between seizing the moment and watching it walk out the door.

At Mintage Capital, we’ve partnered with Merchant Growth, one of Canada’s leading small business lenders, to offer a Capital Term Financing solution built for businesses like yours. It’s fast, flexible, and designed for the way small businesses actually operate.

What Is a Working Capital Loan?

Simply put, a working capital loan gives your business access to a lump sum of cash for any business purpose. Unlike equipment leasing, it’s not tied to a specific asset. Instead, it’s flexible funding for whatever your business needs right now.

Through Mintage’s Capital Term Financing, powered by Merchant Growth, eligible Canadian businesses can access between $5,000 and $800,000 (OAC). Approval and funding are possible in as little as 24 hours. The application takes just 5 minutes and does not impact your credit score.

It works similarly to a fixed-rate loan: you receive a lump sum up front and repay it over a term of 6 to 24 months through flexible, automatic payments. Additionally, once you’ve repaid approximately one-third (1/3) of your balance, you may qualify for a top-up, extra capital to keep your momentum going.

What Can You Use a Working Capital Loan For?

One of the biggest advantages of a capital term loan is that there are no restrictions on how you use the funds. In fact, small business owners commonly use this type of financing for:

• Cash flow: Bridging a slow period or covering operating expenses while revenue catches up
• Inventory: Stocking up ahead of a busy season or taking advantage of supplier pricing
• Renovations: Upgrading your space to attract more customers or improve operations
• Advertising and marketing: Investing in growth when the timing is right
• Small equipment purchases or repairs: Keeping your tools and assets working without draining your reserves
• Hiring: Bringing on staff to meet demand or support a new contract

As a result, if it moves your business forward, this financing can help fund it.

Who Qualifies for a Working Capital Loan?

Merchant Growth has kept the eligibility requirements straightforward. To qualify, your business needs to meet just three (3) criteria:

• Located in Canada
• Minimum gross monthly revenue of $10,000
• At least 6 months in business

That’s it. You don’t need perfect credit or years of audited financials to get started. If your business has been operating and generating revenue, it’s worth finding out what you qualify for. Furthermore, checking won’t cost you anything or affect your credit score.

Why Mintage Capital and Merchant Growth?

Merchant Growth has helped over 8,000 Canadian small businesses access financing. They’ve built their platform around speed, simplicity, and flexibility. As a Mintage Capital client, you get access to that same trusted lending infrastructure through a co-branded application built specifically for us.

What that means for you:

• A 5-minute online application; no stacks of paperwork
• Funding in as little as 24 hours once approved
• Up to $800,000 available depending on your business profile
• Bank-level security protecting your application data
• Backed by Merchant Growth’s strong Trustpilot reputation

And because Mintage Capital is an independent broker, not a bank, we’re on your side. Our job is to connect you with the right solution for your business, not to push a product that works for us.

The Top-Up Option: More Capital as You Grow

One feature that sets this product apart is the top-up option. Once you’ve repaid approximately one-third (1/3) of your original balance, you may be eligible to access additional capital without starting from scratch. For businesses with ongoing or growing capital needs, this creates a financing relationship that scales alongside you.

In other words, it’s a smarter way to fund growth: prove yourself, then build on that foundation.

How to Apply: Three Simple Steps

• Complete the application — takes about 5 minutes online, or over the phone if you prefer
• Review your options — our team will reach out to present financing solutions tailored to your business
• Get your funds — once approved, capital can be in your account in as little as 24 hours

Final Thoughts

Cash flow challenges are one of the most common reasons small businesses stall, not because the business isn’t working, but because the timing is off. A working capital loan gives you the ability to act when it matters, without waiting weeks for a bank decision that may never come.

Whether you need a short-term bridge or a longer injection of capital to fuel your next stage of growth, Mintage’s Capital Term Financing, powered by Merchant Growth, is designed to move at the speed your business actually operates. Combined with our equipment financing and payment protection options, it’s one more tool to help you build something that lasts.

➡ Apply Now ~ Capital Term Financing