Spring lends $5,000 to $500,000. The amount you get depends on your revenue, your credit and what Spring sees in your bank statements.
Products Offered
AMOUNT
$5,000 - $500,000
TERMS
6 - 24 months
Contact information
-
Suite 600, Two Bentall Centre, 555 Burrard Street, Vancouver, BC V7X 1M8
Support Offered:
- Help Centre
Frequently Asked Questions About Spring Business Funding
How much can my business borrow from Spring?
Who qualifies for Spring Business Funding?
Spring generally looks for at least $10,000 in monthly revenue and a credit score of 600 or higher. Both are confirmed when you apply.
Which industries does Spring fund?
Most. Spring names retail, restaurants, automotive, salons, cannabis, transportation, manufacturing, SaaS, medical, dental, e-commerce and skilled trades, and says you can apply if yours is not listed.
What does a Spring business loan cost?
Spring does not publish rates or fees for business lending. Your cost is set individually, and you see the total repayment before you sign anything.
What documents do I need to apply?
Have government issued ID, your business details, six months of business bank statements and your business banking information ready. Having them on hand speeds things up.
Is Spring Business Funding part of Spring Financial?
Yes. It is Spring Financial's business lending, based in Vancouver. Alongside term loans, Spring offers business lines of credit and merchant cash advances, funded through its financing partners.
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