How much can my business borrow in Canada?
A common rule of thumb is 1.0×–1.75× monthly revenue for working-capital products. A business doing $80K/month in deposits can typically access $80K–$140K. Term loans and acquisition financing scale with EBITDA and collateral.
Start an applicationWorking-capital products (MCA, short-term loans, LOC): 1.0×–1.75× average monthly deposits.
Term loans: 3×–6× annual EBITDA, depending on industry, history, and collateral.
Acquisition financing: governed by debt service coverage ratio (DSCR), typically requiring 1.25×+ DSCR on the combined entity.
Voxen Capital's pre-qualification tool gives an instant estimate based on your revenue profile.
Baseline eligibility, by product
Figures are typical ranges for a complete file, not guarantees. Final terms depend on revenue, time in business, credit profile and lender review.
| Merchant Cash Advance (MCA) | Business operating in Canada for 4+ months (some lenders 6+ months) |
|---|---|
| Business Line of Credit | 12+ months in business (most non-bank lenders); 24+ months at chartered banks |
| Invoice Factoring | Sell to other businesses or government on terms (net-30/60/90) |
| Equipment Financing | 6+ months in business (12+ for the most competitive pricing) |
| Term Loan | 24+ months in business (some lenders 12+) |