Funding
Capital that fits how your business actually runs.
From $15,000 to $50 million CAD across our funding options.* Your personal funding specialist helps you understand which route suits your business — starting with revenue-based financing.
* Range depends on product, eligibility, business and funder assessment.
Have a question? Send a Short Enquiry
01
Financing
Revenue-based financing
Revenue-based financing gives your business capital for inventory, operations, equipment and growth. Funding partners assess your business revenue, trading history and current commitments.
You could have funds in your business account in as soon as 24 hours.+
+ For eligible revenue-based financing applications, after approval and completion of required documents. Subject to funder and banking timelines, cut-off times and business days. Funding within 24 hours is not guaranteed. Asset and crypto products have separate timelines.
Revenue-based financing — what you need
- Location
- Operating in any Canadian province (not the territories)
- Trading history
- Minimum 3 months
- Revenue
- Average $15,000 monthly, or $180,000 annually
- Documents
- Most recent 3 months of business bank statements
A soft credit check is used for the initial assessment. Asset-backed financing and crypto-backed loans have separate criteria.
02
Financing
Asset-backed financing
Asset-backed financing is secured against eligible equipment or property you own. Availability and amounts are subject to valuation, documentation and funder assessment, and the criteria and timelines are separate from revenue-based financing.
Your personal funding specialist will explain what documentation is needed and how the asset is assessed before you proceed.
03
Loan
Crypto-backed loans
A crypto-backed loan uses eligible digital assets as collateral. Before you accept any offer, it’s important to understand exactly how the collateral is held and what can happen if its value moves. Criteria and timelines are separate from our other products.
- Custody
- Your pledged digital assets are held as collateral for the life of the loan, under the custody arrangement set out in the loan agreement. You won’t be able to move or sell them until the loan is repaid.
- Loan-to-value (LTV)
- The loan amount is a percentage of the current market value of your pledged assets. As the market value changes, your LTV changes too.
- Margin calls
- If the value of your collateral falls and your LTV rises past the threshold in your agreement, you may be required to add collateral or repay part of the loan within a set period.
- Liquidation
- If a margin call isn’t met, or the LTV reaches the liquidation level in your agreement, some or all of your collateral may be sold to cover the loan. Liquidation is possible — digital asset prices can move quickly.
Exact thresholds, timelines and custody terms are set by the funder and stated in your loan agreement.
The process
From application to funds.
- 01
Complete your full application
Tell us about your business. It takes a few minutes and gives your personal funding specialist what they need to begin.
- 02
Your personal funding specialist reviews and contacts you
They review your business, ask any questions and work with funding partners on potential offers.
- 03
Understand any offer before you accept
If an offer is available, you’ll see the amount, total cost, fees and payment obligations clearly — before you decide anything.
- 04
Funds transferred
After approval and completion of required documents, funds are transferred to your business account.
Cost illustration
Understand the total cost before you accept.
- Funding amount
- $100,000 CAD
- Factor rate
- 1.19
- Term
- 12 months, modelled as 52 weekly payments
- Financing charge
- $19,000
- Separate fees (assumed)
- $0
$100,000 × 1.19 = $119,000 total repayment.
Total repayment
$119,000
Payments 1–51, each
$2,288.46
Final payment, #52
$2,288.54
51 × $2,288.46 + $2,288.54 = $119,000
- A factor rate is not an APR or an annual interest rate.
- This is an illustration only, not an offer. Actual amounts, costs, fees, exact due dates and terms are set out in your funding agreement.
Funding at Founder Speed.
theBNK. We start where the extra mile ends.
Have a question? Send a Short Enquiry