Line Of Credit | Driven™

Canadian small business loans you can count on

Reliable, on-demand capital

Borrow up to $300,000, or as little as you need. Just like a line of credit, we set a pre-approved limit when you sign up – after that, every draw is up to you.

Withdrawals on your terms

Every draw comes with crystal-clear pricing, so you can make the right decisions for your business.

Use our support for whatever you need

You know your business better than we do. Whether you're seizing an opportunity or tackling a challenge, there are no restrictions on how your funds are used.

Compare

How does our Small Business Loan compare to a traditional Line of Credit?

Traditional
Line of Credit

Thinking Capital
Small Business Loan

Needs-based withdrawals within a pre-approved limit

“Revolving” credit that becomes available again as you make payments

Increases in your credit limit as your business grows and you show a good repayment record

Pricing for every draw is outlined up front before you commit

Constantly accumulating interest based on what you owe every day

A fixed and transparent total cost of borrowing made clear up front on each draw

Entire line of credit facility counts towards your credit history

Only the draws you make are counted as loans in your credit history—not the total pre-approved limit

Minimum payment dates set
according to bank needs, not yours

A choice of payment schedules
according to your business needs

How it works

Apply in 3 simple steps and
get pre-approved instantly

Our all-digital credit application process is quick and easy and typically takes less than 10 minutes. We ask for basic information about you and your business. We ask you to securely connect your online banking information. And as soon as you're done, we'll tell you exactly how much you can borrow - all without hurting your credit score.

Draw what you need, when you need it

When your application is complete, you'll know exactly how much you can borrow, but only you know how much you actually need right now. Make individual draws from within your overall business loan limit, each with their own fixed fees and terms. All pricing is up front, with nothing hidden in the small print.

Use our support for whatever you need

Choose the repayment schedule that makes sense for your business—from daily, or weekly payments, or pay early to save on interest. Borrow from $500 to $300,000 on 2, 3, 4, 6, 9, 12, 18 or 24 month terms, with absolutely no hidden fees.

See if Your business qualifies

Qualification is simple.
No heavy paperwork.

If your business meets the following basic criteria, our all-digital application process will have us on the way to helping you in minutes.

Your business is based in Canada

Your average monthly revenue is at least $3,000

You have been operating for at least 3 months with a dedicated business bank account

Check Eligibility

Driven at a glance

$1B+

Lent to
Canadian SMBs

17k+

SMBs supported
coast to coast

2006

Year founded

4.5/5

Trustpilot score
based on 774 reviews

What do you need right now?

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 calamities, or to bet on yourself as you take your business to the next level.