Business Financing Guides

Learn how business financing works in Canada, what lenders may look at, and how to compare your options. Our guides explain common financing questions so you can make a more informed decision before applying.

Comparing options

Business Line of Credit vs. Term Loan: Which Fits Your Business?

A business line of credit and a term loan can both help cover business expenses, but they work differently. Learn how each option handles borrowing, repayment and fees, and see how the timing of your expenses and customer payments can help you choose which type of financing may fit.

Ready to explore your options?

Tell us about your business, your financing need and how you expect to use the funds. We'll help you understand potential next steps through our funding partners.

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