Kingsmen BCAP | Rates 10% - 18%

  • Program End Date: June 30th, 2021
  • Product: Unsecured Business Loan
  • Processing Time: 5 Business Days
  • Business must have Incorporation Start date on or before: March 1st, 2020
  • Minimum Revenue must be $100,000+ for 2019 and/or 2020 fiscal year.
  • Maximum Capital Infusion: $250,000 or up 35% of annual gross sales.
  • Shareholder(s)/Owner(s) must have a credit score of 600+
  • Term 48 months
    • Payments
      • First 6 months – interest only
      • 42 payments – interest and principal
  • Early repayment option with no penalty
  • Use of funds is restricted to:
    • ongoing scheduled business operating expenses, including: rent, scheduled debt
      servicing payments, general business operating expenses and in some circumstances the purchase of capital assets
    • purchasing inventory
    • working capital

Thanks for your interest in this program. Fill out the form below to start the application process.