* Pricing for term loans starts from 3.9 cents on the dollar (for each dollar borrowed, the amount of interest paid starts at $0.039).
**Businesses demonstrating strong performance and possessing a credit score above 750 may be eligible for these reduced rates.
When it comes to small business financing, whatever you need, DrivenTM has got you covered.
If your business meets the following basic criteria, our all-digital application process will have us on the way to helping you in minutes.
Time in Business
6 months
Credit Score
600 +
Annual Revenue
$120,000
Location
Canada
Business Bank Account
Required
Validly existing as a corporate entity
Required
Minimum Requirements
What you need to apply
If your business meets the following basic criteria, our all-digital application process will have us on the way to helping you in minutes.
Time in Business
6 months
Credit Score
600 +
Annual Revenue
$120,000
Location
Canada
Business Bank Account
Required
Minimum Requirements
What you need to apply
Keep your business moving with the tools and capital you
need to unlock the next phase in your company’s growth
Get the capital you need, between $10,000 and $300,000. Express funding available up to $20,000.
24/7 availability, online and off
Driven has lent over $1 billion to more than 17,000 Canadian businesses since 2006
Finding the perfect business loan can be difficult, and a number of criteria, such as cost, timeliness, and repayment plans, might influence your choice of product. At Driven, not only do we offer some of the most competitive Small Business Loans on the market, but our dedication to excellent service is bar-none. Learn how Driven compares to other providers.
Most Other Providers
Terms That Range From 3 To 18 Months (24 Month Terms Available Pending Eligibility)
Ability To Draw Capital Only When Needed
Most Competitive Short-Term Rates
Largest SMB Lender in Canada
Loans Can Be Paid Off Earlier Without Severe Penalties
No Indiscriminate Debt Stacking
Dealing With A Direct Lender And Not A Broker
Our all-digital application process is quick and easy and typically takes less than 10 minutes. We ask for basic information about you and your business. We then ask you to securely connect your bank. And moments after you're done, we'll tell you exactly how much you can borrow—all without hurting your credit score.
We'll tell you exactly how much you can borrow straight away, but only you know how much you actually need right now. Make individual draws from within your overall limit, for whatever purpose you need, and funds will arrive in as little as 24 hours. Pricing for every draw is outlined up front before you commit, with nothing hidden in the small print. Some additional verifications may be required before funding can be released on your first draw.
Every day brings a different challenge and a different opportunity. At Driven, we're here with the funds you need when you need them, whether that's to seize the moment, to face down business uncertainties, or to bet on yourself as you take your business to the next level.
Funding the unexpected
Inventory Funding
Funding New Projects
Ecommerce Funding
Marketing Funding
Payroll Funding
.png)