- Unsecured Business Financing
- Secured Business Financing
- Equipment Financing
- Sales Leaseback
- Corporate Financing
- Debt Financing & Advisory
- Acquisition Finance
- Getting A Loan Is Easy And Stress-free With Source Capital
- Loans
- Apply In 3 Easy Steps
- Submission Process
- Funding Examples
Quick Facts
- Can inject up to 100% – 125% of monthly gross sales in a single inject. Renewal eligibility after 35% of repayment
- Terms range from 6 – 12 months
- Renewal Eligibility after every 35% of repayment
- Client receives capital within 3-5 business days
- Flexible repayment schedules. 10% discount on outstanding balance when paid out early as a lump sum
- Preferred industries: Restaurants, retail, spas, daycares, salons, manufacturing, logistics, etc. We like high volume; low individual ticket item businesses
Qualifications
- Must be at least 3 – 6 months in business
- Minimum of 4 deposits per month
- Minimum $10,000 avg. monthly gross revenue
Requirements
- Signed and completed application
- Bank statements: most recent 6 months
- Amount requested and intended use of funds
The information requested can enable us to provide a conditional offer to the client. We can get quotes within 48 hours upon receipt of the complete documents. The funding process takes anywhere between 5-7 days.
Secured Business Loans are business loans that are collateralized in the form of real estate, with a lien on the property. Kingsmen provides various secured financing solutions to fix small business loans in Canada. Our assessments are based on business revenues and business owner’s equity in personal real estate. This program enables business owners to access capital at lower rates in comparison to Unsecured Business Financing. The terms of our program are as follows:
- Loans Up to 85% LTV
- Rates at 9.99% – 19.99%
- Amount: $25,000 – $250,00
- Term: 6 months – 5 years
- Blended Interest and Principal Payments (daily, weekly, bi-weekly, Monthly
- No Penalties for early Payout
Our program is one of the most popular and unique in the industry, since we can underwrite loans as high as 85% LTV of a business owners home, Canada wide. (Except Quebec and SK)
This high LTV figure allows us to provide business owners with additional capital via charges on real estate, while repayment of the loan is made through their business.
Once the client has secured financing, they can engage in fixed payments over a decided term; on a daily, weekly, bi-weekly or monthly basis, depending on the needs and structure of the business.
Kingsmen provides extra flexibility to business owners as financing is provided without any prior conditions on the usage of funds, allowing you to expand your business the way you want. Furthermore, we incentivize early repayment of the loan by removing any associated penalty or cost. We also have vast experience assisting clients with Low Credit Scores that have caused them to fall out of conventional banking channels. Secured Business Loans are a popular form of financing for debt consolidation, growth, or Working Capital.
Many businesses finance expensive, heavy duty-equipment. This not only makes the purchase of expensive equipment more feasible, but allows business owners to free up capital and flex loans to invest in other areas of the business.
Kingsmen Capital provides a vast array of Equipment Financing solutions anywhere between $25,000 to $10,000,000, at the most competitive rates in the private market.
We have over a decade of experience in structuring financing facilities for clients in the transportation, manufacturing, construction, retail, restaurant, oil & gas, mining and forestry industries. Kingsmen finances all types of new and used equipment, from computers to niche medical machinery, small trucks to freight carriers. The general terms of the program are as follows:
- Minimum asset price: $25,000
- Rates start at 5.99%
- Terms range from 2 – 7 years
- Minimum Credit Scores of 550
- 0-20% down payment options
Companies that carry on an operating business that is not in the business of investing in real estate, can often help maximize the use of their assets with a sale-leaseback transaction. This allows businesses to attain financing through leveraging their asset, while simultaneously entering in to an agreement to lease the asset back for the long term. Many business owners own their equipment free and clear of any liens. This equipment can hence be leveraged in order to secure capital against it, thereby providing liquidity to the business.
Professionals at Kingsmen Capital have years of experience in helping businesses leverage the value of their assets in order to provide the operating cash flow necessary to cover short term expenses and grow as quickly as possible. The terms of the program are as follows:
- Total Equipment Value: $50,000 or more
- Minimum credit score of 550
- Terms: 2-5 Years
- Equipment value is based on either FLV (Forced Liquidation Value) or FMV (Fair Market Value)
Our corporate finance advisory team provides capital-raising services for Canadian middle-market businesses. Kingsmen specializes in providing debt advisory and acquisition advisory services to clients in multiple industries. Our team of advisors are well versed in the public and private debt markets, drawing from their experiences in banking, private credit, debt brokering, and entrepreneurship. Our team advises clients on the state of the debt markets and assists with structuring a solution to acquire financing to accelerate growth, conduct capital expenditures, and acquisitions/buyouts. We leverage our relationships with commercial banks, specialty financiers, private credit investors, to competitively provide solutions to our clients.
Kingsmen works diligently with middle-market entities to attain debt financing solutions. Whether firms are looking to refinance their debt or attain subordinated debt facilities for additional cash flow, our team can assist with developing a transactional strategy and manage the capital-raising process.
Requirements:
Revenue Requirement: Firms generating revenues between $2-$90 million annually
Firms requesting financing between $2-$30 million
Financing structures: Senior, Subordinate, Asset Based, and Non-Traditional Capital facilities.
Preferred Industries: Wholesale, Manufacturing, Construction, Medical, Aviation, Transportation & Logistics.
Preferred Business Stages: Growing, Matured, and Distressed (Minimum 3 years of financial history)
Our advisory team has experience in dealing with strategic acquisitions and buyouts. Our team aids clients every step of the way, by leveraging their experiences in management buyouts and structuring acquisition financing. Our team focuses on providing financing for such transactions whilst working closely with clients to conduct their business acquisition strategy. Kingsmen possess a large portfolio of businesses allowing us to identify and approach potential targets for our clients as well.
Since 2015, Kingsmen Capital Investments has been providing Canadians with the money they need and the excellent customer service they want.
We know that obtaining a loan can be challenging and frustrating, so we work hard to remove all of the hurdles and red tape. You don’t need perfect credit for an Kingsmen Capital Investments loan—just the ability to repay the loan.
Start your application now and receive the funds you need within 24 hours!
Enjoy A Lower Borrowing Rate And Better Term Length Than With Other Types Of Loans Such As Second Mortgages.
Up to $100,000 in less than 24 hours
No Legal Fees
Flexible repayment—weekly, bi-weekly, monthly
No Appraisals
Term lengths of 1 to 5 years
No lien against your property
Great customer service
24 Hour funding
Rates & Details
- Unsecured loans with no legal fees or appraisals needed.
- Source Capital may charge an origination fee of 3% deducted from the loan.
How Much Can I Borrow?
- Loan amounts range from $10,000 to $100,000, with rates between 19.99% – 29.99% depending on your loan size, length of term and our assessment of your credit profile.
- Amortization times can range between 9-60 months.
- Source Capital offers loan in Canada only.
Questions?
Our customer care team is available to answer all of your questions and get you the funding that you need. Phone us at 1 (800)-822-3998
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Step 1
Request A Quote
Once you request a quote, we'll send you an application & request the last 3 months of banks statements for our underwriters to verify recent sales. It takes about 10 minutes to complete.
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Step 2
Approval In 24 Hours
Within 24 hours we contact you with the funding details. You approve it and the money is deposited in your account.
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Step 3
Automated Repayment
An agreed-upon payment is remitted from your bank account monthly until the loan is paid off.
GSC Handles the deal from start to finish. You don't need to worry about collecting documents or middle-manning the process.
Restaurant Franchise
Funded amount: $120,000
Term: 12 months
Location: Ontario
Our client, who had multiple restaurant locations, was in need of funds for renovations and working capital. We funded them in 5 business days.
Physiotherapy Clinic
Funded amount: $80,000
Term: 9 months
Location: Ontario
Our client sought financing in order to purchase more equipment and hire new employees. We funded their request in 3 business days.
Transportation Company
Funded amount: $100,000
Term: 12 months
Location: BC
Our client was looking to purchase haulers and access working capital. We offered funding to them in 5 business days.
Transport Agency
Funded amount: $50,000
Term: 6 months
Location: Quebec
Our client was looking to purchase haulers and access working capital. We offered funding to them in 5 business days.
Construction Company
Funded amount: $100,000
Term: 12 months
Location: Alberta
Our client was looking for bridge capital for costs associated with their transition from one bank account to another. We funded their request in 5 business days.
General Store
Funded amount: $70,000
Term: 10 months
Location: BC
Our client was looking to secure financing in order to open a second location and stock inventory. We funded their request in 4 business days.
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FLORIST / FLORAL
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FITNESS CLUBS / WELLNESS
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COFFEE SHOPS
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BAKERY
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RETAIL STORE / GROCERY
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RESTAURANTS
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PET STORE / PET FOOD
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MEDICAL CLINICS
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LICENSED RETAIL CANNABIS
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TRANSPORTATION/ TRUCKING/LOGISTICS
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SUBCONTRACTORS
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SALONS / SPA
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MASSAGE THERAPY AND REHABILIATION
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NATIONAL RETAIL FRANCHISE
(SUBWAY'S. POPEYE'S, CHAIN & INDEPENDENT RESTAURANTS)
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HEALTH / WELLNESS CLINICS
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AUTOMOTIVE / REPAIR