Comparison 7 min read

Outcome99 vs TD Bank: Business Funding Compared

TD's core small-business loan runs through the same federal program as most major Canadian banks. Here's how the timeline and requirements stack up against Outcome99.

TL;DR

TD's small-business loan is also the CSBFL¹, the same federally guaranteed program RBC, Scotiabank, and BMO administer.
Both a personal guarantee and business asset security are required — not either/or.
Businesses must show under $10M in annual revenue to qualify for the program.
Typical timeline is "a few weeks" from application to funding, per TD's own guidance.
Outcome99 funds $10K–$5M in as fast as 24 hours, no revenue ceiling to qualify.

1How They Compare

Factor	Outcome99	TD
Funding range	$10K – $5M	Up to $1,000,000 (CSBFL program cap)
Time to funding	As fast as 24 hours	"A few weeks," per TD
Revenue eligibility	No ceiling to qualify	Must show under $10M annual revenue
Security required	No fixed collateral required	Personal guarantee and business asset security
Documentation	Owner ID, purpose, amount, timeline	Tax returns, business registration docs, personal financial statements
Application	~90 seconds, online, 24/7	Branch/advisor-led review process

Outcome99 figures are the only quantified claims Outcome99 publishes; TD figures are sourced from TD's own published rates, requirements, and program pages.

2Speed & Timeline

TD states plainly that approval times "can vary" and that the process "typically takes a few weeks from application submission to funding," depending on how complex the file is and how complete the documentation is going in. That's consistent with the CSBFL program generally — it's a government-backed structure administered by the bank, not a same-day internal decision.

Outcome99 skips the federal program layer entirely. Approvals are evaluated directly against current revenue: funded in as fast as 24 hours, with most applicants hearing back within 2 hours of applying.

⚡ The headline number: Outcome99 funds most approved businesses in as fast as 24 hours, with most applicants hearing back within 2 hours of submitting.

3Requirements & Underwriting

TD's CSBFL requires tax returns, business registration documents, and personal financial statements, reviewed by a TD Small Business Advisor. Both a personal guarantee and business asset security are named requirements — a business seeking this loan is pledging more than a signature.

Outcome99 asks for three things: owner ID, what you're financing and how much, and your funding timeline.

4Collateral

TD's CSBFL requires business asset security on top of a personal guarantee. Outcome99 has no fixed collateral requirement — funding is sized against revenue, not pledged assets.

5Who Each One Is Actually Best For

TD may be the better fit if:

You qualify comfortably under the program's under-$10M revenue ceiling and want the CSBFL's guaranteed structure
You're already banking with TD and want everything under one relationship
You can wait a few weeks and would rather not touch alternative financing

Outcome99 may be the better fit if:

You need funding faster than "a few weeks"
You'd rather not pledge business assets on top of a personal guarantee
Your revenue is above the CSBFL's under-$10M eligibility ceiling
You want a straightforward document list instead of a full financial-statement package

⚠️ Fair warning: if your business clears a traditional lender's credit, time-in-business, and revenue bar and you can wait weeks, a bank-backed facility can carry a lower long-term rate. Outcome99's edge is speed and access, not being cheaper than every alternative in every scenario.

See what you qualify for with Outcome99

$10K–$5M, funded in as fast as 24 hours. No fixed collateral, ~90-second application.

Start Your Application

Notes

CSBFL — the Canada Small Business Financing Loan, a federal program that shares risk between the government and the lending bank. TD is one of several major Canadian banks that administer it.