Business Lines of Credit for Canadian Companies

Access flexible, revolving credit to manage cash flow, cover expenses, or seize new opportunities — even if you've been turned down by a bank.

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What Is a Business Line of Credit?

Access flexible working capital. Use it when you need it.
A business line of credit gives your company access to revolving funds that you can draw from as needed — and only pay interest on what you use. Whether it’s for covering payroll, buying inventory, managing seasonal dips, or taking advantage of a growth opportunity, a line of credit gives you ongoing financial control without committing to a fixed loan.
  • Borrow only what you need — when you need it
  • Reuse the credit as you repay
  • Pay interest only on what you draw
  • Ideal for managing short-term cash flow and expenses

Business Line of Credit Benefits

Stay agile. Handle cash flow dips. Fund growth on your terms.
With a business line of credit, you can access working capital quickly and reuse it without reapplying. Whether you’re a contractor dealing with invoice delays or a retail business prepping for a busy season, we help you stay ready for what’s next.
With Mehmi Line of Credit, You Can:
  • Access up to $500,000 in revolving credit
  • Get approved in 24–48 hours
  • Draw funds when needed to cover business expenses
  • Preserve your cash flow and avoid large lump-sum debt
Ideal If You Want To:
  • Prepare for slow-paying customers or seasonal dips
  • Fund inventory, marketing, payroll, or urgent repairs
  • Avoid the hassle of reapplying every time you need cash

Why Choose Mehmi for Business Lines of Credit?

At Mehmi Financial Group, we make it easy for Canadian businesses to access flexible working capital — fast. Whether you're dealing with slow-paying clients, seasonal dips, or a short-term growth opportunity, our business line of credit solutions help you stay ahead of cash flow challenges without locking into long-term debt.

Our team specializes in supporting entrepreneurs, contractors, retailers, and service providers who often struggle to get approved by traditional banks. We offer tailored solutions for startups, low-credit borrowers, and businesses with unpredictable revenue cycles — because we know how fast business needs can change.

Trusted by small business owners across Canada, Mehmi’s revolving credit lines give you the flexibility to draw funds when you need them, and repay on terms that fit your operations.
  • Access up to $5,000,000 in revolving working capital
  • Get approved in 24–48 hours, even with limited credit history
  • Draw and repay as needed — reuse your limit without reapplying
  • Transparent terms — no hidden fees or surprises
  • Personalized support from Canadian financing experts
Manage Cash Flow — Business Lines of Credit Made Easy

Flexible credit lines that give your business instant access to funds — without reapplying each time. Use what you need, when you need it, and only pay interest on what you borrow.

Whether it’s covering payroll, smoothing seasonal slowdowns, or jumping on a new opportunity, our business line of credit puts you in control.
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Borrow up to $5,000,000

Revolving access — draw funds anytime

Only pay interest on what you useTerms up to 72 months

Funds in as little as 24–48 hours
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What You Can Use a Business Line of Credit For

A business line of credit gives you flexible access to working capital — so you can draw funds when you need them, repay, and reuse. Perfect for managing cash flow, seizing time-sensitive opportunities, or covering short-term costs without committing to a lump-sum loan.
  • Construction & Contracting:
    Pay subcontractors, cover delays, order supplies without waiting for invoices to clear
  • Trucking & Transportation:
    Manage fuel, repairs, and insurance gaps between pay runs or freight payments
  • Retail & Wholesale:
    Restock inventory, pay vendors early for discounts, bridge seasonal lulls
  • Restaurants & Food Service:
    Handle equipment fixes, food supply costs, or payroll during off-peak months
  • Farming & Agriculture:
    Buy feed, fertilizer, or parts while waiting on crop payments or government cheques
  • Medical & Dental Clinics:
    Cover overhead while waiting for insurance payments or invest in small upgrades
  • Startups & Growth-Stage Businesses:
    React quickly to growth opportunities without waiting on approvals
With Mehmi, you only pay for what you use — and you can reuse your credit line as often as needed.

Who Qualifies for a Business Line of Credit?

You’re likely a strong match if:

  • Your business has been operating for 6+ months (or 3+ with stable revenue)
  • You earn roughly $50K+ in annual sales
  • You need flexible capital for operating expenses, inventory, payroll, or short-term gaps

Even if your credit is less-than-perfect, you may still qualify. Strong cash flow, recurring revenue, or a co-signer can help unlock access to revolving credit — even if you’ve been declined by a traditional bank.

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Documents Required

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Articles of Incorporation
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Last 3 Months of Business Bank Statements
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Credit Application
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Driver's License

3 Steps. No Surprises.

The Mehmi Financial Group experience is simple, quick, and customized to your financial needs.
1

Check Your Eligibility

We'll assess your business revenue, time in operation, and credit profile to match you with the best line of credit options from our lender network.
Talk to a Specialist
2

Submit Your Application

Upload a few key documents like bank statements, business ID, and your credit app — we’ll handle the rest and shop the best rates for you.
3

Get Approved & Draw When Needed

Once approved, draw funds only when you need them — with interest charged only on what you use. Perfect for short-term needs or cash flow gaps.

Business Line of Credit vs Working Capital Loan vs Merchant Cash Advance

Feature Business Line of Credit Working Capital Loan Merchant Cash Advance (MCA)
Best For Ongoing expenses, short-term gaps, and flexible access to funds Payroll, inventory, seasonal needs, and general business operations Fast access to funds based on daily debit/credit card sales
How It Works Draw from a revolving credit limit and repay as needed Receive a lump sum, repay in fixed installments Advance repaid daily as a percentage of card sales
Repayment Interest-only on drawn funds; reuses available credit Fixed monthly or weekly payments Automatic daily deductions tied to revenue
Speed of Funding 24–72 hours after approval 24–48 hours after approval Same day to 48 hours
Costs & Fees Interest + optional draw/maintenance fees Fixed interest or flat fee Higher cost via factor rate (no interest)
Credit Flexibility Moderate to high — revenue stability preferred Flexible — available to most credit types Lower credit accepted if card volume is strong
Tax Deductibility Interest is usually tax-deductible Interest typically deductible Fees may be deductible as business expenses

*Always consult your tax advisor for accurate treatment of financing costs.

FAQ: Got Questions? We’re Straightforward.

Can I qualify for a business line of credit with bad credit or a short business history?

Yes. We work with Canadian businesses across a range of credit profiles — including newer companies, low-credit applicants, and those recovering from past financial setbacks. If you have steady revenue or strong business activity, we’ll work to find you flexible options through our lending network.

How fast can I get approved and start using my business line of credit?

Most approvals happen in 24–48 hours. Once you're approved, you can draw funds on demand — no need to reapply each time. The line remains open for future use, making it ideal for managing short-term cash needs or unexpected expenses.

Do I only pay interest on the money I use?

Yes. With a business line of credit, you only pay interest on the amount you draw — not your full credit limit. Repayments replenish your available balance, so you can reuse funds as needed without reapplying.

What can I use a business line of credit for?

Use it for anything your business needs: covering payroll, smoothing out cash flow, purchasing inventory, handling seasonal slowdowns, or jumping on time-sensitive opportunities. It’s flexible funding designed around your cash cycle.

Do you offer secured or unsecured lines of credit?

Yes. We offer both. If you prefer to avoid collateral, we can explore unsecured options. If you have assets like equipment, real estate, or strong receivables, a secured LOC may provide higher limits and better rates.

Can startups or small businesses get a line of credit?

Absolutely. If you’ve been operating for at least 6 months and have consistent revenue, you may qualify. We help Canadian entrepreneurs of all sizes — including small businesses — secure revolving credit to support their growth.

How is a business line of credit different from a term loan?

A line of credit is revolving — you can draw, repay, and reuse funds as needed. A term loan gives you a fixed amount upfront with regular scheduled payments. LOCs are better for short-term or recurring needs, while term loans suit larger, one-time investments.

Trusted by Businesses
Across Canada

24–48 hr approval
All credit types welcome
Serving Canada nationwide

Let’s Keep Your Cash Flow Moving

Need flexible working capital to manage expenses or jump on a new opportunity? Let’s talk.
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