Equipment loans for Canadian

businesses.

Simple. Flexible. Fast.

“BORO opened up doors I

didn’t know existed.  ”

Robert, ON

“Now I can get back

to business.”

Kate, NS

“BORO understands entrepreneurs. Feels good.”

Ahmed, BC

Get the funds you need for

Convenient

Access specialized loans up to $500k with rates starting as low as 8.95%

Tailored to you

Financing is based on your company’s profile & performance.

Fast approvals

Get qualified offers quickly, and

receive funds in as little 24hrs.

It's easy to BORO

Fill out a simple form

Tell us some basics

about your business.

Have a quick chat

Speak to a friendly

lending expert.

Evaluate offer(s)

Choose from qualified options

with no obligation.

As an entrepreneur, you know banks just aren’t into you anymore.  You’re tired of being treated like a risk, and all the red tape too.

BORO puts businesses like yours in the power position again by matching you with specialized and affordable lending solutions, so you can get back to biz without missing a beat.

As an entrepreneur, you know banks just aren’t into you anymore.  You’re tired of being treated like a risk, and all the red tape too.

BORO puts businesses like yours in the power position again by matching you with specialized and affordable lending solutions, so you can get back to biz without missing a beat.

Get a FREE quote.

We'll pay it forward :)

We donate $1 to Junior Achievement Canada for every valid application we process, even if you don’t proceed with a loan offer.  We think it matters, and hope you do too.

Get a FREE quote.

We'll pay it forward :)

We donate $1 to Junior Achievement Canada for every valid application we process, even if you don’t proceed with a loan offer.  We think it matters, and hope you do too.

Questions?

How easy is it to qualify for a business loan?

Quite easy. Although some lenders have more lenient requirements than others, it's easiest if your business is well-established in a qualified sector, with demonstrable cash flow.  Generally speaking, to qualify for the best range of funding options, lenders like to see the following:

Business category: Non restricted

Business history: Starting at 6 mos

Business size: More than one person

Average monthly sales: Starting at 10k

Revenue deposits: Starting at 5 per mo

Personal credit score: Starting at 550

Nationality: Canadian

Does it cost anything to apply?

No. Discovering business lending solutions available to you is absolutely free of charge, and we’re happy to help :) 

If BORO is free to use, how do you make money?

When you accept a business loan offer from a BORO lending partner, we earn a fee from the lender for having referred you.  We also donate $1 to Junior Achievement Canada for every valid application we process, even if you do not accept any offer(s).

Is a credit check required?

Typically, yes.  In any event, no formal credit check (that would impact your credit score) would be performed until after you’ve accepted a particular loan offer.

How fast can I get approved?

For smaller amounts (less than $70k), the process could be completed in less than 24 hours assuming supporting documentation is received right away. Larger amounts could take 2-5 days depending on the particulars.

Does BORO work with partners?

Yes. We work with select lending partners who share our passion for serving the financial needs of small businesses in Canada. If you are interested in exploring partnership opportunities, please contact us at partnerships@boroloans.ca