Term Loan in Toronto, ON — Voxen Capital
Voxen Capital arranges term loan for businesses in Toronto, Ontario. Typical amounts $25K–$2M, funded in 1–3 weeks. Predictable, fixed-term financing for growth, expansion, or refinancing existing debt.
Start an applicationAbout Toronto
Canada's largest commercial market. Dense SMB base across professional services, retail, manufacturing, logistics, and tech.
What is local to Toronto
A Toronto business that has outgrown the City's $5,000 Starter Company Plus micro-grant, closed for now with no next intake posted, usually needs capital for a defined project: a fit-out, a vehicle, a second location. A term loan funds it in one amount with fixed payments over a set term, so the cost is known before the work starts. Lenders look at revenue history, existing payments and what the money will buy.
The City of Toronto's 2025 Employment Survey, which visits businesses in person each year, counted 74,560 business establishments and 1,623,710 jobs, a net gain of 1,380 establishments over the year.
Commonly used for
- Multi-year growth projects
- Refinancing higher-cost debt
- Locations, build-outs, or strategic hires
Eligibility in Ontario
- 24+ months in business (some lenders 12+)
- Demonstrable revenue and profitability (or strong cash flow)
- Owner credit profile typically 650+ for competitive pricing
- Clear use of funds (growth, refinancing, expansion, etc.)
- Up-to-date tax filings and no unresolved arrears
Documents required
- 1–2 years of financial statements (year-end)
- Recent interim financials
- 6–12 months of business bank statements
- Debt schedule (existing obligations)
- Business registration and owner ID
Public help for Toronto businesses
- Small Business Enterprise Centre, City of Toronto: one-to-one advice, business plan reviews and information on small business funding, at no charge. In person at Scarborough Civic Centre on Mondays and North York Civic Centre on Tuesdays. It does not lend.
- Starter Company Plus, City of Toronto: a $5,000 micro-grant with up to 15 hours of training and three months of mentoring, for businesses six months to five years old whose owner has already invested $1,250. Applications are closed.
At a glance
| Typical range | $25K–$2M |
|---|---|
| Speed to funding | 1–3 weeks |
| Market | Toronto, Ontario |
Sources, checked October 25, 2026
- City of Toronto — Toronto Employment Survey
- City of Toronto — Toronto Employment Survey 2025, summary
- Ontario Food Terminal Board
- City of Toronto — Food and beverage sector
- City of Toronto — Small Business Enterprise Centre
- City of Toronto — Starter Company Plus
- ServiceOntario — Register a security interest or search a lien
- Personal Property Security Act, R.S.O. 1990, c. P.10, s. 2
- Canada Revenue Agency — GST/HST rates by province
Frequently asked questions
Who qualifies for term loan in Toronto?
Term Loan in Toronto is typically available to incorporated or registered businesses operating in Ontario with consistent business banking activity. Predictable, fixed-term financing for growth, expansion, or refinancing existing debt.
What is the typical funding amount and speed?
Typical range is $25K–$2M, funded in 1–3 weeks after a complete file. Final amount depends on revenue, time in business, and use of funds.
Is term loan regulated differently in Ontario?
In Ontario, lenders record their claim on a business's assets in the Personal Property Security Registration system, run by ServiceOntario under the Personal Property Security Act (PPSA). It can be searched to see what is already registered against a business.