Accelerate your business growth with tailored financing solutions from Machines & Bids. While we may be known as a machinery platform, we’re also your partner in comprehensive business financing. Whether you’re gearing up with new machinery or expanding your business horizons, our flexible financing options are designed to propel you forward quickly and efficiently.
Apply in minutes and leave the legwork to us. We swiftly sift through options from banks and other lenders to secure the funds you need. With our efficient process, expect to get your financing sorted in as little as 24 hours.
Complete our simple application form, and our team will contact you promptly to discuss your financing options.
We concentrate on business loans above $30,000. For amounts lower than this, lines of credit or credit cards might be more suitable. The maximum for small business loans generally caps at $5 million. Your actual eligibility will depend on your specific financial needs and qualifications.
Interest rates for Canadian business loans are influenced by the Bank of Canada’s policy rate, plus a margin that reflects the risk assumed by the lender. Businesses with a long history of profitability, owners with excellent credit scores, or those that can provide collateral—like commercial real estate, vehicles, or machinery—typically secure lower interest rates. Conversely, newer businesses or those without collateral may face higher rates.
Regardless of your circumstances, we are committed to finding the most favorable rates available for your financing needs.