Thinking Capital is the leading lender in Canada, providing funds to small and medium-sized businesses. With offices in Montreal and Toronto, the company has a proven track record of giving businesses the financing they need to sustain business operations and even expand them.
1Origins
Beginning in 2006, Thinking Capital has provided 10,000 small and medium-sized business with the funds they need with loans amounting to over $700 million. Reasonably low interest rates and flexible repayment options have made Thinking Capital the leading lender in all of Canada.
2Application
Applications for funding can be made by calling Thinking Capital and completing the process with a customer service representative. Clients can also complete the application themselves on the Thinking Capital website. Either way, the application can be completed within about 10 minutes with decisions made within minutes. Once approved clients have access to their funds within 24 hours.
3Qualification
Many financial institutions have a list of criteria that they need to follow and clients need to meet these in order to qualify for a loan. These institutions often offer little flexibility if a client does not meet all criteria either.
4Fixed vs. Flexible Financing
Thinking Capital offers two options when it comes to financing: fixed and flexible.
Fixed financing allows clients to choose either a 6, 9, or 12-month repayment term. Daily payments are made based on a specified interest rate agreed upon at the time the contract was signed. Flexible financing allows a client to avoid choosing a repayment term. Instead, repayments are based on a percentage of daily credit and debit sales that the business makes. Whichever option is chosen, no collateral is required.
