Business loans in Burnaby, BC
Burnaby sits between Vancouver and the eastern suburbs, and its business base leans toward tech offices, film studios, a big shopping district and light industry along the Fraser River. Many Burnaby firms are past the startup stage and looking to expand.
No fee and no credit pull to start. Most applicants hear from us the same business day, often within minutes.
Burnaby neighbourhoods we hear from
- Metrotown: Department stores, restaurants, salons, clinics and small retail shops around a major mall and transit hub.
- Brentwood: New towers, tech offices, restaurants and fitness studios around a redeveloped shopping area.
- Big Bend industrial area: Food processors, warehouses, manufacturers and trade suppliers along the Fraser River.
- Burnaby Heights (Hastings Street): Italian delis, family restaurants, bakeries and independent shops on a long-established strip.
- Edmonds and Kingsway: Auto services, small groceries, restaurants and service businesses along a busy arterial road.
Local economy
Burnaby industries
Burnaby is home to a university on Burnaby Mountain and a polytechnic institute, which feed a strong technology and engineering workforce. The city has a large cluster of video game, software and telecommunications offices, plus several film and television studios. Metrotown is a major regional shopping and residential hub. Along the Fraser River and in the Big Bend area, light industry, food processing and distribution businesses operate in industrial parks. High-rise residential growth around SkyTrain stations keeps construction, property management and cleaning companies busy.
Burnaby's growth is vertical. New towers around Metrotown, Brentwood and Lougheed bring residents, and with them demand for restaurants, gyms, cleaners and property services. That growth also raises commercial rents. Businesses here often seek financing to expand rather than survive, so lenders will look closely at your track record. Keep GST, PST and WorkSafeBC filings current before applying.
What fits
Common choices in Burnaby
- Term loan for Burnaby tech and engineering firms adding staff or office space as they move from early contracts to steady recurring revenue.
- Equipment financing for Big Bend food processors and river-side manufacturers buying new production lines, refrigeration or forklifts.
- Line of credit for Metrotown and Brentwood retailers smoothing rent and inventory costs between holiday peaks and quieter months.
By trade: IT & managed service providers · Manufacturing · Cleaning & janitorial · compare products
Public help
Local advisers who do not sell loans
- City of Burnaby business page: the city's hub for business licences, permits and economic development.
- British Columbia: provincial tax, registrations and public programs.
No affiliation implied.
FAQ
Burnaby funding questions
Can a Burnaby software company get a term loan?
If it has steady revenue, often yes. Lenders look at bank deposits, time in business and credit. Pre-revenue startups usually need grants or investors first. Each lender makes its own decision.
What works for a Big Bend manufacturer buying new equipment?
Equipment financing is common, because the machine itself secures the deal. Have the supplier quote, recent bank statements and a sense of how the new equipment adds capacity or cuts costs.
Do lenders fund cleaning and property service companies?
Yes. Contract cleaning and property services companies often use working capital or a line of credit to cover payroll while strata corporations and commercial clients pay their monthly invoices. The lender decides.
Where can I find free business help in Burnaby?
The City of Burnaby's business page covers licences, permits and economic development. The Province of BC also has a free small business resource hub online with guides for new and growing companies.
Compare offers in Burnaby
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