Start-Up Business Loans in Canada
Capital to launch and scale a new business. Start-up finance covers equipment, inventory, marketing, and operating costs so founders can build without being held back by cash flow. Designed for businesses in their first three years.
- Typical deal size
- From $25K to $1M+ (often blended). Typical setup: 2–6 weeks.
- Best for
- Founders in years 1–3 of trading
- Markets
- Canada-wide. Cross-border options available.
What is start-up finance?
Start-up finance is a blend of facilities: government-backed loans, asset-backed lending, factoring, and specialist start-up lenders, packaged to give a new business the working capital it needs to grow.
Who fits this facility
- Founders in years 1–3 of trading
- Operators with industry experience launching their own venture
- Businesses with signed contracts but no trading history
- Founders denied by mainstream banks for being too new
Common use cases
- Equipment, fit-out, and technology
- Initial inventory and raw materials
- Marketing and customer acquisition
- Working capital and payroll runway
How it works
Tell us the plan
Business model, funding need, and where you are today.
Stack the right facilities
Often a mix, e.g., a government-backed term loan plus a factoring line.
Get approved
We package the deal so start-up-friendly lenders say yes.
Grow
As you trade, facilities expand and refinance into mainstream products.
Why start-up finance clients pick McMillan
- Specialist lenders who back founders, not just balance sheets
- Government-backed programmes navigated for you
- Honest assessment of whether debt is the right tool yet
- A long-term partner as your business scales
Common questions
Pre-revenue is hard; post-revenue with traction is fundable. We tell you straight.
Often yes for early-stage debt. We help you understand the real exposure.
Some structures, yes, particularly asset-backed and government-supported facilities.
Other funding products
Invoice Factoring
Turn unpaid invoices into immediate cash, without taking on new debt.
ViewEquipment Financing
Acquire essential equipment without locking up working capital.
ViewBusiness Term Loans
Predictable monthly payments. Capital from $50K to $10M+ for growth, expansion, and major projects.
ViewBusiness Line of Credit
Flexible working capital you can draw on whenever you need it. Pay interest only on what you use.
ViewLet's talk about your start-up finance deal
A short call is the fastest way to find out if this fits. No obligation, no upfront cost.
Make a loan enquiry