Small Businesses in Canada Deserve Better

Many old and new businesses will try to get a loan from a bank, but this is often a waste of time. Along with guarding your money, banks guard a few secrets. Firstly, they won’t tell you that the larger they are, the longer you will have to wait for everything, from meeting with an advisor to getting approval to receiving the financing. Secondly, if you apply for a loan at a bank you’ve worked with before, you won’t receive any special benefits for your loyalty. Thirdly, banks often reject small business loans because the loans aren’t a profitable financial product for them.

Since thousands of good businesses can’t get the funding they need from a bank, many go to alternative lenders and get overcharged. At Lendified, we stand behind our belief that small Canadian companies need to be treated better. You should be able to get fast and straightforward financing without overpaying. That is why Lendified offers: