Small Business Funding for Women
Women own over 15% of small businesses in Canada. Businesses of all sizes in all industries can build a strong, sustainable future with up to $500,000 in funding from Greenbox Capital® in as little as 24 hours.
Fast, Easy Small Business Funding for Women
Women-owned businesses experienced the fastest growth in Canada from 2005-2013, and the outlook continues to be bright. Despite this growth, female entrepreneurs are less likely to seek and receive small business funding, and firms owned by men are more likely to receive venture capital or angel funding. Many grant programs exist for women-owned businesses, but these sources can be hard to locate and eligibility criteria can be strict.
Funding can be difficult for female business owners to access through traditional lenders, and successful applicants often receive less funding with higher rates than their male counterparts. With a simpler application, faster turnaround, and flexible approval requirements, Greenbox Capital can fund more women-owned small businesses in as little as one business day. We offer several types of small business funding for women, from as little as $3,000 up to $500,000. We fund all industries, including healthcare businesses, medical practices, law firms, retail stores, business services, restaurants, and more.
How To Use Small Business Funding for Women
There are no restrictions on how you can use alternative small business funding for women. Small business funding for women are most ideal for supporting growth initiatives that will increase your business’s revenue, such as:
- Hiring staff so you can expand services and take on more business
- Purchasing new equipment or technology
- Renovating or remodeling your space to offer a more comfortable environment
- Expanding your business or acquiring another business
- Building a new website or expanding your existing online presence
- Purchasing raw materials or inventory in bulk at lower prices
- Investing in continuing education and training
- Energizing your marketing and advertising to bring in more business
Sometimes, women-owned businesses may also need a quick infusion of working capital to help meet the unique challenges of their field, such as:
- Meeting changing client and customer needs
- Standing out from competition in your niche
- High cost of equipment or raw materials
- Skilled labour shortages and employee turnover
- High cost of repairing appliances or equipment
How Small Business Funding for Women Works in Canada
- 1
Apply
Gather 3 months of bank statements and other records. For faster approval, grant us secure access to your bank account’s transactional data.
- 2
Choose Funding
A Funding Advisor will reach out to you within 1 hour (during regular business hours) to complete your application & discuss your funding options.
- 3
Get Funded
Once you and your Funding Advisor determine what funding option works for your business, your funds can be approved and deposited within 24 hours.
- 4
Set Repayment
Payments will be automatically deducted from your business’s daily or weekly debit and credit card sales. Payment amounts will be based on your sales.
Will You Qualify for a Women-Owned Business Loan?
The best candidates for women-owned small business funding are prepared with a firm understanding of how much funding they need, what they plan to do with it, and how they plan to repay it.
Exact qualification requirements depend on the type of funding you are seeking. Approval for small business funding from Greenbox Capital isn’t based solely on your credit score or financial history. Instead, we focus on the overall health of your practice, including:
- Business revenue
- Cash flow
- Vendor payment history
- Years in business
- Public records
Women-Owned Business Funding Q&A
Is an alternative loan suitable for expanding my women-owned business?
Yes, an alternative loan is ideal for expanding your women-owned business. Contact one of our knowledgeable Funding Advisors to discuss an option that is right for you.
What do I need to do to qualify for a small business loan?
We have a very simple application process, with same day funding available. To get started, fill out our one-page application form or speak with a Funding Advisor.
Where To Get Women-Owned Business Funding In Canada
- Edmonton
- Calgary
- Red Deer
- Lethbridge
- Victoria
- Vancouver
- Abbotsford
- Surrey
- Richmond
Manitoba
- Winnipeg
Northwest Territories
- Yellowknife
Yukon
- Whitehorse
- Toronto
- Ottawa
- Mississauga
- Hamilton
- Kingston
- London
- Thunder Bay
- Windsor
- Kitchener
- Brampton
- Markham
- Peterborough
- Cambridge
- Oshawa
- Vaughan
- Caledon
- Halton Hills
- Milton
- Burlington
- Oakville
- Richmond Hill
- Stouffville
- East Gwillimbury
- Georgina
- Uxbridge
- Pickering
- Ajax
- Whitby
- Clarington
- North York
- Etobicoke
- Barrie
- Scarborough
- Innisfil
- Newmarket
- Aurora
Nunavut
- Iqaluit
Nova Scotia
- Halifax
Quebec
- Quebec City
- Montreal
New Brunswick
- Fredericton
- Moncton
Newfoundland and Labrador
- St. John’s
- Regina
- Saskatoon
Prince Edward Island
- Charlottetown
