Business Loan & Financing Solutions Across Canada
Working Capital & Business Loans
Explore business loans in Ontario and working capital financing across Canada to manage cash flow, inventory, payroll and everyday expenses. Flexible funding options help eligible businesses maintain operations and support growth.
Business Acquisition & Expansion Financing
Explore business financing in Ontario and across Canada for acquisitions, new locations, expansion and franchise investments. TNF helps business owners assess conventional loan options based on their financing needs.
Equipment & Government-Backed Financing
Explore small business financing for machinery, vehicles, commercial equipment and eligible improvements. Options include equipment loans, leasing and the Canada Small Business Financing Program (CSBFP), subject to lender and program eligibility.
Explore Our Business Loan & Commercial Financing Solutions
Business loans in Ontario and across Canada help entrepreneurs, established businesses and growing companies access financing for working capital, business acquisitions, expansion, equipment purchases and other eligible business investments. True North Financing helps business owners explore loan solutions through participating banks, credit unions and alternative commercial lenders.
Whether you are opening a new business, purchasing an existing company, expanding to additional locations or managing cash flow, we help evaluate financing options based on your business model, financial performance, industry experience, available security and lender eligibility requirements.
Working Capital & Business Operating Loans
Working capital financing can help eligible businesses manage day-to-day operating expenses, seasonal cash flow fluctuations, supplier payments and growth-related funding requirements. Available financing depends on business revenue, profitability, existing debt and lender policies.
✓ Working Capital Business Loans
Explore financing to support eligible operating expenses, supplier obligations, payroll, inventory purchases and other business requirements. Lenders assess cash flow, repayment capacity and the proposed use of funds.
✓ Business Lines of Credit
Eligible businesses may obtain revolving credit facilities to help manage short-term cash flow requirements. Interest is generally charged on outstanding borrowed amounts, subject to the lender’s agreement and applicable fees.
✓ Inventory & Supplier Financing
Explore financing options for qualifying inventory purchases, supplier payments and seasonal inventory requirements. Financing structures depend on the company’s financial performance, inventory characteristics and lender criteria.
✓ Seasonal Cash Flow Financing
Businesses experiencing seasonal revenue fluctuations may explore short-term financing or revolving credit facilities to manage eligible expenses during slower operating periods.
Business Acquisition & Purchase Financing
Purchasing an established business can require funding for business assets, equipment, eligible goodwill and transaction-related expenditures. Lenders evaluate business profitability, purchase valuation, borrower experience, available equity and the proposed acquisition structure.
✓ Existing Business Acquisition Loans
Explore financing for purchasing established operating businesses, subject to financial due diligence, business valuation, seller information and lender approval. Available structures may differ between asset purchases and share purchases.
✓ Franchise Acquisition Financing
Financing may be available for eligible franchise acquisitions, including restaurants, retail locations and service businesses. Lenders may review franchise agreements, historical performance, franchisor approval and ownership qualifications.
✓ Business Succession & Ownership Buyouts
Explore potential financing for eligible ownership transitions, management buyouts and shareholder buyouts. Transaction structure, business cash flow, purchase price and lender requirements determine available options.
✓ Business Acquisition with Commercial Property
When an acquisition includes commercial real estate, financing may involve both a business loan and a commercial mortgage. The appropriate structure depends on the property, business assets, ownership and lender eligibility.
Business Expansion & Growth Financing
Established companies may require financing to expand operations, open additional locations, increase production capacity or invest in business infrastructure. Lenders consider the performance of existing operations and the financial feasibility of proposed expansion plans.
✓ New Business Location Financing
Explore loans for eligible store openings, branch expansions, additional franchise locations and other business growth projects. Funding may support qualifying equipment, leasehold improvements and operating requirements.
✓ Commercial Renovation & Leasehold Improvements
Financing options may be available for eligible interior renovations, tenant improvements, property upgrades, commercial kitchen installations and other approved business improvements.
✓ Manufacturing & Production Expansion
Manufacturers may explore financing to improve production capacity, acquire qualifying machinery, modernize facilities or expand business operations. Funding terms depend on equipment, business cash flow and project feasibility.
✓ Business Growth & Operational Investment
Eligible companies may seek funding for growth initiatives, additional inventory, operational improvements and capacity expansion, subject to approved loan purposes and lender underwriting.
Canada Small Business Financing Program (CSBFP)
The Canada Small Business Financing Program is a federal loan-sharing program designed to improve access to financing for eligible small businesses. Participating financial institutions make the loans, while the Government of Canada shares certain lending risks with those institutions.
Eligible businesses may be able to use CSBFP financing for specified business assets and certain operational needs. Program eligibility, financing limits, eligible expenditures and repayment conditions are governed by current federal program rules and participating lenders.
✓ Commercial Real Estate Financing
The program may support the purchase or improvement of eligible commercial real property used in the business, subject to program conditions, ownership requirements and lender approval.
✓ Equipment & Machinery Financing
Eligible equipment purchases and improvements may qualify under the program, including certain machinery, business equipment and other qualifying assets.
✓ Leasehold Improvement Financing
Qualifying leasehold improvements may be financed for eligible businesses operating from leased commercial premises, subject to current program requirements and supporting documentation.
✓ Working Capital & Intangible Assets
The program also includes specific financing provisions for eligible working capital and intangible assets. Availability, loan limits and permitted uses vary by loan type and current program rules.
For detailed eligibility and program limits, visit the Government of Canada’s Canada Small Business Financing Program .
Business Equipment & Machinery Financing
Business equipment financing helps eligible companies purchase, replace or upgrade equipment needed for business operations. Loan and leasing arrangements may be structured around equipment type, useful life, purchase cost and borrower qualifications.
✓ Manufacturing Equipment Financing
Explore financing for eligible CNC machines, fabrication equipment, production machinery, packaging equipment and industrial manufacturing assets.
✓ Construction & Heavy Equipment Financing
Funding options may be available for qualifying excavators, loaders, forklifts, construction machinery and other commercial equipment used in eligible businesses.
✓ Truck, Trailer & Commercial Vehicle Financing
Explore equipment financing or leasing arrangements for eligible commercial trucks, trailers, delivery vehicles and transportation-related business assets.
✓ Restaurant, Retail & Service Equipment
Financing may support qualifying commercial kitchen equipment, refrigeration, point-of-sale equipment, service equipment and other business assets.
Business Financing Options in Canada
Businesses may qualify for different types of financing depending on their needs, operating history, security and financial performance.
✓ Bank & Credit Union Business Loans
Traditional financial institutions may provide term loans, operating lines of credit, commercial mortgages and other financing products to eligible businesses with acceptable financial profiles.
✓ Alternative Business Financing
Alternative commercial lenders may consider certain financing requests that fall outside conventional bank criteria. Interest rates, fees, security requirements and repayment terms may differ significantly.
✓ Secured Business Loans
Some financing structures are secured by eligible real estate, equipment, receivables or other business assets. Collateral requirements depend on the lender and loan structure.
✓ Unsecured Business Financing
Certain eligible businesses may qualify for unsecured financing based on revenue, creditworthiness and financial performance. These products may involve different costs and lending limits than secured loans.
Industries We Help Finance
True North Financing assists eligible businesses operating in a variety of industries, subject to available lenders and program requirements.
✓ Restaurants, food services and hospitality businesses.
✓ Retail stores, franchises and service businesses.
✓ Manufacturing, fabrication and industrial companies.
✓ Transportation, trucking and logistics businesses.
✓ Construction contractors and equipment-intensive businesses.
✓ Healthcare, wellness and professional service businesses.
✓ Distribution, warehousing and wholesale businesses.
Business Loan Eligibility & Lender Requirements
Business financing eligibility depends on the requested loan amount, financing purpose, company performance, borrower qualifications and applicable lending program.
✓ Business Revenue & Cash Flow
Lenders may review business revenue, operating profitability, cash flow, debt obligations and financial projections to determine repayment capacity.
✓ Business Operating History
Established businesses may qualify based on historical financial performance. Startups may require more detailed business plans, owner equity and evidence of industry experience.
✓ Borrower Credit & Financial Strength
Lenders assess business and personal credit history, outstanding debts, available liquidity, net worth and other financial obligations, where applicable.
✓ Owner Equity & Available Security
Some financing products require a borrower equity contribution, collateral or personal guarantees. Requirements depend on the loan program and lender.
✓ Business Plan & Use of Funds
Lenders may require documentation explaining the intended financing purpose, projected financial impact and the company’s ability to service additional debt.
Documents Required for Business Loan Financing
Depending on the loan type and lender, business owners may be asked to provide:
✓ Business registration, incorporation documents and ownership details.
✓ Business financial statements and relevant tax returns.
✓ Recent business bank statements and cash flow information.
✓ Owner financial information and credit authorization, where required.
✓ Business plan and financial projections for startup or expansion financing.
✓ Business purchase agreement for acquisitions.
✓ Equipment quotations, invoices or leasehold improvement budgets.
✓ Commercial lease or property ownership documentation, where applicable.
✓ Evidence of available owner equity and supporting collateral details.
Our Business Loan Financing Process
✓ Step 1 — Discuss Your Business Financing Needs
Tell us about your business, industry, financing purpose, requested loan amount and proposed use of funds.
✓ Step 2 — Review Business & Financial Information
We review available financial statements, business performance, ownership information, borrower qualifications and supporting documents.
✓ Step 3 — Explore Suitable Financing Options
Based on eligibility, we help evaluate potential business loans, lines of credit, equipment financing, government-supported programs and other lending structures through participating lenders.
✓ Step 4 — Lender Review & Approval
The lender assesses the application, repayment capacity, documentation and applicable security before confirming financing terms and conditions.
✓ Step 5 — Documentation & Funding
Funding proceeds after final lender approval, completion of required agreements and satisfaction of applicable financing conditions.
Important Business Loan Financing Considerations
✓ Interest Rates, Fees & Total Borrowing Costs
Compare interest rates, lender fees, amortization, repayment terms and total borrowing costs before selecting financing. Alternative lending arrangements may have higher costs than conventional bank loans.
✓ Business Cash Flow & Repayment Capacity
Borrowers should assess whether the business can reasonably service loan payments while maintaining sufficient liquidity for ongoing operations.
✓ Personal Guarantees & Collateral
Some business loans require personal guarantees, security over business assets or commercial real estate collateral. Borrowers should understand their obligations and potential risks.
✓ Loan Purpose & Program Restrictions
Government-supported and specialized financing programs may restrict eligible expenditures, financing limits and permitted uses. Program requirements should be reviewed before committing to a purchase or investment.
Why Choose True North Financing for Business Loans?
True North Financing assists eligible business owners with exploring financing solutions suited to their operating requirements, growth plans and investment objectives.
✓ Financing assistance for working capital, business acquisitions and expansion.
✓ Equipment, machinery and commercial vehicle financing options.
✓ Guidance on eligible CSBFP loans and other commercial financing programs.
✓ Assistance preparing business financing applications and supporting documentation.
✓ Exploration of lending solutions through participating financial institutions and alternative lenders.
For additional information on business financing and growth resources, visit the Business Development Bank of Canada (BDC).
Business Loan Financing Disclaimer: Business financing is subject to lender approval, business eligibility, credit assessment, financial verification, applicable security requirements and financing conditions. Interest rates, loan amounts, fees, down payments and repayment terms vary. Government-supported financing programs have separate eligibility rules. Information on this page is general and does not constitute a financing commitment or guarantee of approval.
Frequently Asked Questions
Eligible businesses may explore term loans, working capital loans, lines of credit, equipment financing, commercial mortgages, acquisition loans and financing through government-supported programs such as the Canada Small Business Financing Program (CSBFP). Available options depend on the business, lender, use of funds and borrower qualifications.
Yes, some lenders and financing programs consider eligible startup businesses. Applications commonly require a detailed business plan, financial projections, startup budget, evidence of owner investment and relevant industry experience. New businesses may have fewer financing options than established companies with demonstrated revenue.
The CSBFP is a federal program that helps eligible small businesses access financing through participating financial institutions by sharing certain lending risks with lenders. It may support qualifying commercial real estate, equipment, leasehold improvements and specified other expenditures. Program limits, eligible uses, registration fees and borrower requirements apply. Approval decisions remain with the lender.
Business loan amounts vary substantially based on the financing product, lender, business revenue, cash flow, credit profile, available security and requested use of funds. Certain programs have specific maximum loan amounts and category limits. True North Financing can help assess potentially suitable funding structures based on the business's financing requirements.
Yes. Lenders may finance eligible business acquisitions based on the purchase structure, profitability, historical financial statements, business valuation, collateral, owner equity and buyer experience. Financing for asset purchases and share purchases may differ, and certain acquisition costs may not qualify under government-supported programs.
Not every business loan requires traditional collateral, but some lenders require equipment security, business assets, commercial property or personal guarantees. Acquisition, startup and expansion financing may also require an owner equity contribution. Requirements depend on the lender, loan amount and financing structure.
Yes. Eligible businesses may obtain working capital loans or lines of credit to help manage approved operating expenses, inventory, payroll, supplier payments and seasonal cash flow needs. Available products, permitted uses and repayment terms depend on the lender and loan program.
Yes. Equipment loans and leasing arrangements may be available for qualifying manufacturing machinery, commercial vehicles, restaurant equipment, construction machinery and other business assets. Financing depends on equipment type, purchase cost, business performance and lender eligibility.
Common requirements include business registration documents, corporate financial statements, tax returns, recent bank statements, ownership details and information explaining the use of funds. Startups may need business plans and forecasts. Acquisitions may require purchase agreements, while equipment financing may require supplier quotations and asset details.
Approval timelines depend on the lender, business profile, financing amount, loan type and completeness of the application. Straightforward transactions may receive initial feedback relatively quickly, while acquisitions, government-supported loans and secured commercial financing can require additional underwriting and documentation. Final funding occurs only after approval and satisfaction of all lender conditions.