No interest charged on Term Funding. A flat fee is added to the funding amount.
Yes, you can apply for Term Funding more than once, after the initial funding is paid in full.Also, additional funding can be requested while the current one is in operation.
Yes, the Term Funding is open and can pay-off without penalty at any time.
Repayment is easy. The agreed regular small, fixed payment withdrawn daily from the designated bank account. No need to worry of large, monthly payments.
The application process is quick and easy. From the moment you apply until the funds are in your bank account, takes about 5 to 7 days.
Yes! Poor credit is not a problem; but, should not have an open bankruptcy.
To be approved for Term Funding, you must be in business for at least three months in Canada, have annual sales of $50,000 and not be an internet-based business.
Absolutely nothing. There is no fee to apply and no strings attached.
Term Funding is small business funding where business owners will make daily fixed payments within an agreed term (say 1 or 24 months) without accruing interest.