Huumans is a Calgary-based small business platform founded by operators including Wagepoint co-founder Bill Murphy. Through HuumansOS it offers financing alongside payroll, foreign exchange, a health spending account and a marketplace of 150+ advisors and service providers.
Smarter Loans Expert Review for Huumans
Huumans (huumans.com) is a Calgary-based small business financing platform founded in Nova Scotia by operators including Wagepoint co-founder Bill Murphy. Lending is one arm of its HuumansOS platform, which also offers payroll, foreign exchange, a health spending account and a marketplace of 150-plus advisors and service providers. Its two financing products - a Working Capital Advance and a Line of Credit - both run $1,000 to $100,000, fund in 24 to 48 hours, and are underwritten on real business performance: bank transaction history, cash flow, verified revenue, time in business and industry. No credit score is pulled and no personal guarantee is required.
What we like
- Fast, light process: most approved applications are funded within 24 to 48 hours, with no business plan or document binder
- No credit check at any point and no personal guarantee - approval rests on cash flow and revenue, and profitability is not required
- Two clear structures with fixed schedules: a lump-sum advance repaid over 3, 6, 9 or 12 months, and a line of credit where each draw repays on its own fixed schedule - you pay only on what you draw
- Unusually candid guidance: Huumans states plainly that its pricing is higher than a bank loan, recommends the bank when you qualify, and warns against using high-cost debt to paper over structural problems
- Early repayment anytime from the dashboard, and financing comes with access to the HuumansOS marketplace of fractional CFOs, accountants, bookkeepers and other advisors
Where it could improve
- No rates or total-cost figures are published - pricing is only disclosed in your offer, and by Huumans' own description it is higher than bank financing
- The $100,000 ceiling is modest for larger needs
- Applying requires signing up to the HuumansOS platform first
- The recommendation engine may surface vetted third-party lenders alongside Huumans' own products - read your offer to see who is funding you
- Quebec is not currently served
Huumans suits established small businesses that need up to $100,000 quickly, cannot or do not want to wait for bank financing, and value straight answers about cost. Businesses that qualify at a bank will, by Huumans' own advice, usually find cheaper money there.
Products Offered
AMOUNT
$1,000 - $100,000
INTEREST RATE
From 7.5%
TERMS
3 - 12 months
Contact information
-
hello@huumans.com -
Calgary, AB
Availability:
All provinces and territories except QuebecFrequently Asked Questions About Huumans
What is Huumans?
How fast is funding?
Most approved applications are reviewed and funded within 24 to 48 hours of completion.
Do I need a personal guarantee?
No. Huumans funds without a personal guarantee and without collateral paperwork - and profitability is not required either.
How do repayments work?
You choose a fixed schedule up front - 3, 6, 9 or 12 months - and payments are debited automatically from your linked bank account, so you know your exact payment and end date from day one. You can repay early anytime from the dashboard.
Will Huumans fund an unprofitable business?
Yes - profitability is not a requirement; Huumans looks at cash flow, revenue history and time in business. Its own guidance is candid: financing works best as a bridge to a plannable outcome, not a patch for a structural problem.
What financing does Huumans offer?
Two products, both $1,000 to $100,000: a Working Capital Advance - a lump sum repaid on a fixed 3, 6, 9 or 12 month schedule - and a Line of Credit, where you're approved for a limit and each draw repays on its own fixed schedule, so you only pay on what you actually use.
Does Huumans check my credit?
No. Huumans does not pull your credit score. Underwriting is based on bank transaction history, cash flow, verified revenue, time in business and your industry.
What does Huumans financing cost?
Huumans does not publish rates; your cost is disclosed in the offer, and shorter terms carry a lower total cost than longer ones. Huumans itself says its pricing is higher than a bank loan and recommends bank financing if you qualify for it.
How do I apply?
Applications run through the free HuumansOS platform. A recommendation engine evaluates your financial profile and surfaces the best-fitting option from Huumans' own products and vetted third-party lenders, then a Huumans Capital Specialist is available if you want a human to walk through it.
What support does Huumans offer?
You can reach the team at hello@huumans.com or chat with a Huumans Capital Specialist from the platform. Financing customers also get access to the marketplace of 150+ advisors - fractional CFOs, accountants, bookkeepers, marketers and more.
Huumans Reviews
Avg. Rating: 5 (4 reviews)
Quick funds for inventory
“Quick funds, helped us buy the inventory we needed in time.”
RobHelpful and knowledgeable team
“I appreciate their team's help and knowledge.”
LisaGot $100K for my construction company
“Got 100K from Huumans for my construction company.”
BrockFunded my construction business
“Funded my construction business. Great team.”
Luke
