Business Loans Toronto — Fast Decision
Toronto has more than 97,000 SMBs — the highest concentration in Canada. lendflo connects Toronto entrepreneurs to 50+ Canadian lenders. Tech, construction, food service, professional services — fast approval, 100% free.
Industries We Finance in Toronto
Toronto's economy is one of Canada's most diverse. We finance almost every sector.
Technology & Startups
Toronto is the third-largest tech hub in North America. Financing for SaaS, digital agencies, AI, and B2B startups. Based on recurring revenue, not just credit.
Construction & Real Estate
Ongoing real estate boom in the Greater Toronto Area (GTA). Financing for general contractors, subcontractors, and renovation firms. Working capital to bridge payment milestone gaps.
Food Service & Hospitality
Diverse culinary scene — restaurants, bakeries, cafés, catering, food trucks. Financing for equipment, renovations, and seasonal working capital.
Retail
From downtown Toronto to the suburbs, retail businesses need capital for inventory, renovations, and expansion. Financing adapted to seasonal revenue.
Professional Services
Law firms, accounting, consultants, recruitment agencies. Financing for growth, hiring, and infrastructure — even with fee-based revenue structures.
Healthcare
Dental clinics, physiotherapy, family medicine, optometrists. Financing for medical equipment, practice acquisitions, and clinic buildouts.
Financing Across the Greater Toronto Area
City of Toronto, GTA, and suburbs — all districts served.
Downtown & Financial District
Professional services, tech, finance. High demand for working capital and growth financing.
North York & Scarborough
Diverse SMBs, light manufacturing, immigrant-owned businesses. High demand for business loans across all sectors.
Etobicoke & Mississauga
Industry, logistics, manufacturing, automotive. Equipment and working capital financing for industrial businesses.
Brampton & Vaughan
Distribution, logistics, construction, cultural communities. Construction boom along the 400-series corridor.
Financing Products Available in Toronto
Commercial Term Loan
$25K – $500KFixed financing for defined projects: expansion, renovation, hiring, partner buyout.
Working Capital
$5K – $250KCapital for day-to-day operations, inventory, and cash flow gaps in Toronto.
Equipment Financing
$10K – $2MTechnology, medical equipment, construction equipment, professional kitchen equipment.
Invoice Financing
$10K – $1MConvert your B2B invoices to cash. Ideal for Toronto agencies and consultants.
Eligibility Criteria in Toronto
Basic criteria for Toronto SMBs:
FAQ — Toronto Business Loans
We’re here to simplify your business financing journey, so you can feel confident every step of the way.
lendflo finances virtually all legal industries in Toronto: technology, construction, food service, retail, professional services, transportation, healthcare. General criteria: 6+ months in business, $10,000+/month revenue, and a personal credit score of 550 or above.
Amounts available through lendflo range from $5,000 to $2,000,000. For Toronto SMBs, the most common amounts are $25,000 to $500,000. The exact amount depends on your annual revenue, business age, and financing type.
Yes, under certain conditions. For startups, we recommend having at least 6 months of recurring revenue. Startups with stable monthly SaaS revenue are particularly well-positioned for our network of technology-specialized lenders.
Canadian banks have strict criteria and 4–12 week timelines. lendflo compares 50+ alternative lenders and gives a fast decision.
lendflo is 100% free for entrepreneurs. We are compensated by lenders when financing is granted — never by you. No brokerage fees, no application fees.
Complete our online form in 5 minutes — no documents required at the initial stage. Our team analyzes your profile and contacts you promptly. Fast decision, funds in your business account shortly after signing.
Still have questions?
No obligation, just answers.
Toronto SMB Financing, Fast
Apply free in 5 minutes. Fast decision. Funds in your Toronto business account quickly.
Finance My Toronto BusinessWhat you need to apply through lendflo
Most lenders in the network look for these basics.
- A registered Canadian business — in any province or territory.
- Time in business — at least 6 months of operation.
- Revenue — around $10,000 a month or more.
- A Canadian business bank account — that is valid and in use.
- Recent bank statements — usually three to six months.
- Credit — scores from 500 are considered; revenue and cash flow count too.
People also ask
It depends on revenue, time in business, credit and the product. Through lendflo, term loans run from $25,000 to $2,000,000, equipment financing from $10,000 to $500,000 and working capital from $5,000 to $250,000. Lenders size an offer to what your revenue can repay.
Through lendflo, most applicants get a fast decision, and funds typically arrive shortly after approval. Speed depends on the lender and on how complete your documents are, so have recent bank statements ready before you apply.
Most lenders ask for three to six months of business bank statements, your business registration, identification, and the amount and purpose of the loan. Equipment loans add a supplier quote, and larger amounts may need recent financial statements or tax filings.
There is no single cutoff. Banks usually want good credit, while alternative lenders in lendflo’s network consider scores from 500 and weigh revenue and cash flow heavily. A higher score generally means better terms, so check your credit report for errors before you apply.
Terms explained
What is a business term loan?
A business term loan is a lump sum that you repay with interest over a fixed period, usually in regular monthly payments. It suits planned, one-time investments such as expansion or hiring. Through lendflo, term loans run from $25,000 to $2,000,000, with repayment terms of up to 60 months.
See in the glossaryWhat is equipment financing?
Equipment financing is a loan or lease used to buy business equipment such as vehicles, machinery or technology. The equipment itself usually serves as the lender’s security, which makes approval easier and can keep the down payment low. Through lendflo it runs from $10,000 to $500,000, with terms up to 84 months.
See in the glossaryWhat is working capital?
Working capital is the cash a business uses for day-to-day costs such as payroll, rent, inventory and supplier bills. A working capital loan bridges the gap between paying those costs and getting paid by customers. Through lendflo it is based mainly on recent revenue rather than collateral.
See in the glossaryTopic guide
Part of the guide: Financing by province and city
What applies in each province and in the largest cities.