Question 1

Is Easy Fund a lender?

Accepted Answer

No. Easy Fund is an independent commercial finance brokerage. We do not lend our own capital. Any financing is provided by independent third-party lending and financing partners, subject to their eligibility requirements, credit review and underwriting.

Question 2

What types of financing can Easy Fund help businesses explore?

Accepted Answer

Working capital, term financing, business lines of credit, equipment financing, invoice factoring and receivables financing, asset-based financing, revenue-based financing and commercial real estate financing. Availability depends on the applicant and our partners' criteria.

Question 3

What information will I need to provide?

Accepted Answer

Typically basic business details, ownership information, the amount requested, the intended use of funds and recent business bank statements. Depending on the request, a lender may also ask for financial statements, an accounts receivable aging report, articles of incorporation, identification or a voided cheque.

Question 4

Does applying guarantee approval?

Accepted Answer

No. Submitting an application does not guarantee financing or create a commitment to borrow. Every application is subject to third-party lender review, eligibility requirements and underwriting.

Question 5

Will applying affect my credit?

Accepted Answer

Easy Fund does not perform a credit check as part of an initial review. If a financing partner needs to review credit, that step is disclosed and requires your consent first.

Question 6

How are rates and terms determined?

Accepted Answer

Rates, fees, amounts and terms are set by the financing provider, not by Easy Fund. They generally reflect the product type, the business's financial profile, time in business, revenue, credit history and any security offered.

Question 7

How quickly can financing be completed?

Accepted Answer

Timelines vary by product, lender and how complete the documentation is. Some structures move faster than traditional bank processes, but we do not promise a specific approval or funding time.

Question 8

Does Easy Fund work with businesses throughout Canada?

Accepted Answer

We work with eligible businesses across Canada. Certain products and partners may have provincial or industry limitations.

Question 9

Are there fees?

Accepted Answer

Any fee arrangement is disclosed to you in writing before you proceed. In many cases a brokerage is compensated by the financing provider. Lender fees, if applicable, are set out in the provider's own documentation.

Question 10

What happens after I apply?

Accepted Answer

We review the information you submit, follow up with any questions and explain the realistic next step. Where appropriate, the opportunity may be presented to suitable third-party financing partners for review.