$10K to $5M, approved in 24 hours, for businesses across Newfoundland and Labrador.
Marine industries and resource extraction anchor a heavily seasonal provincial economy.
We fund Newfoundland and Labrador businesses against their actual revenue, not fixed collateral or a generic province-wide formula. Whether you're in St. John's, Corner Brook, Mount Pearl, or anywhere else in Newfoundland and Labrador, the same two structures apply: Revenue-Based Funding, repaid daily or weekly, and Second- and Third-Position Loans for businesses that already have financing in place.
A Newfoundland and Labrador business in specialty industries needs fast capital and doesn't have weeks to spare on a bank's process. They apply, get a decision within hours, and funds land within 24 hours, structured around their actual monthly revenue.
Common questions from business owners in Newfoundland and Labrador.