About Company Capital
Company Capital provides an easy alternative to traditional small business loans in Canada with our Merchant Cash Advance service. Approval is based on the sales history of the business rather than the personal credit history of the business owner.
A Merchant Cash Advance provides working capital in exchange for a small share of future debit/credit card sales. Repayment is made on a daily basis using a small percentage of daily sales so unlike a traditional bank loan there is no fixed monthly amount.
Repayments “ebb and flow” with the sales trends of the business, giving the business owner greater flexibility to manage cash flow, particularly during a slow season.
Approval is easy and fast - typically in 2-3 days. A business quailifies if they have been operating for at least 12 months, accept debit and credit cards and have 12 months remaining on their lease. There are no requirements for business plans or financial statements.
Company Capital is a privately held Canadian Corporation based in Victoria BC. Unlike many of the merchant advance companies in Canada we are a direct funder and do not use brokers or re-sellers.
Company Capital has more than 20 years experience in providing working capital financing to the small business community in Canada and is a member of the Victoria Chamber of Commerce, the Better Business Bureau, the Canadian Restaurant and Food Services Association and the Alliance of Beverage Licensees. – less