General

About Company
Company Capital provides online loans to small businesses in Canada.

Industry

Sector :

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founded date

01.01.2011

Number of employees

Company Type

For Profit

IPO status

Private

Description

The Canadian company offers a fresh approach to bank lending by focusing on the sales history of businesses rather than the personal credit history of the owners. They have three financing options tailored to different business types and sizes. Their Term Loan has a high approval rate and offers small daily or weekly payments to improve cash flow. The Cash Line provides ongoing access to working capital, similar to a line of credit. Lastly, their Merchant Cash Advance allows clients to choose their own repayment rate and duration, making it ideal for retailers with short-term needs. Company Capital has over 20 years of experience in providing working capital financing and is a member of various business associations. They were recently acquired by Merchant Growth, but the terms of the transaction were not disclosed. Overall, Company Capital offers Canadian small businesses an alternative to traditional bank loans based on their sales history rather than credit history.
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