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Business funding across Canada

We refer businesses in every province and territory to lenders active where they operate. The products are the same across the country; the tax accounts and registrations lenders check are not.

Sales tax by province

What your bank statements show a lender

Lenders read your deposits and your tax remittances. Here is the sales tax setup in the four largest provinces.

ProvinceSales taxAdministered by
OntarioHST 13%CRA
QuebecGST 5% + QST 9.975%Revenu Québec (for most businesses)
British ColumbiaGST 5% + PST 7%CRA (GST), BC Ministry of Finance (PST)
AlbertaGST 5% onlyCRA

General rates at the time of writing; some goods and services are taxed differently. Check with the CRA, Revenu Québec or your accountant.

Anywhere in Canada

Documents lenders ask for

  • Your Business Number (BN), the 9-digit number from the CRA
  • Recent CRA notices or statements showing GST/HST and payroll accounts are up to date
  • The last 4 months of business bank statements, all pages
  • Government-issued photo ID for each owner
  • A void cheque or bank letter for the business account
Lender network minimums*
Time in business1 year+
Monthly revenue$15,000+
Credit score500+
Bank accountBusiness
Fee to you$0
Credit pull to startNone

*Best available terms from lenders in our network. Every lender sets its own criteria; approval, amount and funding time are decided by the lender and not guaranteed.

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