Small Business Loans

A short-term small business loan provides the working capital needed to drive your business’s growth. Apply for a NextGen Capital small business loan online and receive funding in as little as 24 hours.

What is a Small Business Loan?

Small business loan is a financial solution designed to help businesses secure funding for growth, daily operations, or expansion.

Traditional banks often decline short-term, small business loan requests. As an alternative lender, NextGen Capital offers a variety of online small business loans tailored to support business growth. These options include merchant cash advances, business lines of credit, and collateral-based loans. Loan amounts range from $3,000 to $500,000, with most businesses typically receiving between $20,000 and $60,000, depending on their needs.

Once you apply, our experienced Funding Advisors will guide you through the available options to ensure the best fit for your business. They remain available to answer any questions, providing a smooth and efficient funding experience.

Who Should Apply for a Small Business Loan Online?

Alternative small business loans are well-suited for:

Businesses planning to expand to a new location

Companies looking to purchase or upgrade equipment, furniture, supplies, or inventory

Businesses with low credit or those needing cash flow support during seasonal fluctuations

Minority-owned, women-owned, and veteran-owned businesses

Professionals such as brokers, attorneys, and accountants

Owners of auto dealerships, beauty salons, cleaning businesses, convenience stores, and dry cleaners

Dental practitioners, medical professionals, pharmacy owners, and veterinarians

Daycare center owners and home healthcare agencies

Construction companies and security service providers

Regardless of your industry, our expert Funding Advisors at NextGen Capital will work closely with you to identify the best funding solution. Our goal is to help you achieve your business objectives while maintaining a stable cash flow. We proudly support small businesses across Canada.

How to Secure a Small Business Loan?

Apply

Gather three months of bank statements and necessary financial documents. To speed up the approval process, you may grant secure access to your account’s transactional data.

Choose Funding

A Funding Advisor from NextGen Capital will reach out within an hour (during regular business hours) to review your application and explore available funding options.

Get Funded

Once you and your Funding Advisor determine the best funding solution, your loan can be approved, and funds deposited in as little as 24 hours.

Set Repayment

Payments will be automatically deducted from your business’s daily or weekly debit and credit card sales, with repayment amounts adjusted according to your revenue.

How to Use a Small Business Loans?

There are no limitations on how you can use funds from Small Business Loan. This financing option is particularly useful for:

Managing cash flow gaps without taking on long-term debt

Covering ongoing expenses such as payroll, rent, and utilities while waiting for client payments

Investing in growth opportunities, upgrading equipment, or making high-value purchases with strong returns

Capitalizing on seasonal opportunities, such as bulk inventory purchases to meet increased demand

NextGen Capital provides flexible Small Business Loan to help businesses maintain financial stability and support long-term success.

How Can Small Loans Help Your Business?

Alternative small business loans offer versatile usage without limitations. Ideally, applying for small business loan serves to:

Support growth plans and high-ROI investments like new equipment and strategic purchases.

Fund expansions, mergers, acquisitions.

Seize seasonal business prospects, such as bulk inventory purchases.

Fund expansion projects, open new locations, or increase production capacity.

Obtain capital to launch a new venture, covering initial expenses and operational costs.