Thinking Capital is now DRIVENtm... Learn more.
Thinking Capital is now DRIVENtm... Learn more.
Thinking Capital is now DRIVENtmLearn more.
Thinking Capital is now DRIVENtmLearn more.

The Driven Masterclass

Everything you wanted to know about small business finances but were afraid to ask
Learning doesn’t need to be hard. In the months ahead, we’re rolling out the first season of our free Masterclass of small business financing tips and expert insider advice. Join us for the ride by following along here or subscribing on YouTube for the latest videos as they roll out.
01
Intro to Financing [2:15]
Looking to grow your business? Need to keep things afloat till payday? Wherever you’re at, find out why financing is an essential tool for small and medium-sized business owners to achieve long-term success as we set out on our journey.
02
Mastering Cash Flow [2:02]
Cash flow is a time sink, but it doesn’t need to be. Learn how to save countless hours by putting your cash flow management on cruise control (for free!) and gain deeper insight into your business’s finances in the process.
03
Financing new projects [1:09]
Don’t let those big opportunities pass you by! Learn how to strike while the iron is hot in our video on how well-timed financing can help you fuel growth like nothing else.
04
Payroll financing [0:55]
Paying your team on time: now that’s important. Learn how to stay on top of payroll, retain your employees’ trust, and even grow your team—regardless of fluctuations in cash flow.
05
Hiring and keeping talent [0:59]
Working round the clock? Maybe it’s time to grow your team. Learn how to hire new talent ahead of revenue to capitalize on new opportunities, share the workload, and grow your business right.
06
Investing in marketing [1:14]
Looking to grow your customer base? That’s where marketing comes in. Learn how fast funds can help you get the word out, convert customers, and build a growing and loyal audience.
07
Inventory Financing [1:18]
The three scariest words in business are “out of stock.” Learn how financing can help you secure supply and stay on top of your inventory regardless of your present-day cash flow situation.
08
Dealing with the unexpected [0:56]
Crash—there goes your equipment. Business setbacks are a drag, but they don’t have to slow things down. Learn how fast funds can help you nip unexpected challenges in the bud and get you back on track before they cause real damage.
09
Financing your shift to online [1:04]
If you’re reading this, you’re online. Learn how financing can help you take your business digital—whether it’s ecommerce, social media advertising, or anything in between.
More videos coming soon...
10
Customer stories
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Be notified when we expand our Masterclass library. We'll continuously extend the collection and invite more and more guests and cover additional topics.
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How can we help?

Frequently Asked Questions

What is the Driven Small Business Loan?

Our small business loans provide small and medium businesses like yours easy access to the working capital you need to secure or increase your inventory, fix or buy new equipment, launch effective marketing campaigns, carry out renovations, or expand to additional locations. Considered a fixed loan, any Driven Small Business Loan you take out has its own repayment schedule and requires that you pay a fixed interest rate and principal.

Do you offer a Business Line of Credit?

Our Driven Small Business Loan provides all the features and flexibility of a line of credit, but with the added certainty of the upfront pricing and commitment of a term loan [link to comparison page]. A loan from us gives you ongoing access to the capital you need to make sure your business runs smoothly. You can withdraw funds in one lump sum, or use it just as you would a line of credit on an as-needed basis for all kinds of uses. Every draw you make from your loan has its own fixed repayment schedule. With daily, weekly and bi-weekly options, choose a plan that works best for you. What’s more, as you pay back what you borrow, your borrowing limit is automatically refreshed, giving you continued access to the funds you need. We reassess your business performance every month, so your limit will be revised based on your business.

Where is the money you lend coming from?

We make capital available to Canadian small businesses through business loans and credit facilities provided by two large and established Canadian financial institutions. Since 2006, we’ve facilated access for our customers to more than $1 billion through these facilities. Driven is part of Purpose Financial, one of Canada's leading investment management companies, backed by established Canadian and global investors including OMERS, Torquest and Allianz X. In 2020, Purpose Investments surpassed $10B in assets under management.

How quickly can I receive financing?

Upon approval, you can expect to receive your funds deposited in as little as 24 hours! You'll receive email notifications, sent to the email address you've used to sign up for your account:

1. Notifying you that your application has been approved or declined.
2. Notifying you when your funds are deposited to your business bank account, if you were approved.

What are the interest rates and costs?

Interest rates vary based on a number of factors taken from the details of your account and application. Rest assured our easy online application process will show you the exact cost of borrowing before you sign to commit to the loan and the interest is automatically included in your repayments to us. There are no hidden fees or charges. You can use our Business Loan Calculator to get a good idea of the total cost of borrowing, even before you sign up.

How do repayments work?

Each time you draw from your Driven Small Business Loan, it is considered a fixed loan, which includes specific terms and conditions that outline your preferred repayment schedule and a fixed interest rate and principal to be paid. Payments will be automatically taken from your bank account according to the schedule you choose. These requirements differ from a traditional line of credit, where repayment is based on a minimum balance, or the interest on outstanding balances only.

We've got you

We're here to make life easier for Canadian small to medium businesses like yours. How can we help you today?