Driven Business Loans for Canadian Small Businesses, Fast Approval, Flexible Terms and No Collateral up to $300,000
Fast approval and no collateral funding from Driven for small businesses across Canada, with flexible repayment options and funds in as little as 24 hours
Driven Business Loans: fast, flexible financing for Canadian SMEs
Driven Business Loans delivers fast, flexible financing tailored for Canadian small and medium-sized businesses. With options from $5,000 up to $300,000 and funding in as little as 24 hours, Driven helps owners cover cash-flow gaps, inventory purchases and short-term growth needs.
Designed for Canadian entrepreneurs, Driven Business Loans combine transparent terms and no-collateral options for eligible amounts, making it easier for businesses across Ontario, British Columbia, Alberta and the rest of the country to access capital quickly.
Who qualifies and how the application works
To qualify for a Driven loan a business typically needs at least $120,000 in annual revenue, six months of operating history and a dedicated business bank account in Canada. The online application is straightforward and pre-approval can take under 10 minutes.
Driven connects securely to your business banking to speed decisions, then offers flexible repayment schedules—daily, weekly or bi-weekly—so repayments align with your cash flow. This makes Driven Business Loans a practical choice for seasonal or fast-moving retail operations.
Amounts, terms and where you can use the money
Driven Business Loans allow borrowing from $5,000 to $300,000 with terms ranging from 2 to 24 months, giving you room to choose what fits your plan. Whether you need a short-term bridge or funds to expand inventory, the product is structured to move capital into your account quickly.
Funds from Driven can be used for payroll, equipment upgrades, marketing campaigns or to smooth accounts payable. The lender’s business line of credit and small business loan options are built to support everyday operating needs and one-off investments alike.
Costs, protections and local credibility
Driven is clear about fees and repayment mechanics, though borrowers should watch for late fees or NSF charges when payments are automatically debited. Interest rates and term offers vary with credit profile, so compare options carefully before committing.
With over $1 billion lent and a strong Trustpilot rating from Canadian business owners, Driven Business Loans has a solid reputation in the market. Combined with a free online cash-flow tool and responsive support, Driven is a reliable choice for business financing across Canada.