Working capital, delivered.

A lump-sum loan to bridge payroll, prepay suppliers, fund an expansion, or top up inventory. Fixed monthly payments, defined term, fast underwriting — no revolving structure to manage.

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Amount

$25K – $1M

Term

3–24months

Decision

24–48hours

Funding

3–5days

What it's for

Pick the bridge, we'll build it.

01 — Payroll

Payroll bridges

Cover two or three pay cycles while a large receivable clears. No missed payroll runs, no payroll deductions hitting CRA late.

02 — Suppliers

Supplier prepay & EPDs

Pay suppliers early to capture 2–4% early-payment discounts. The discount often outpaces the loan cost.

03 — Growth

Expansion & hiring

New location buildout, key-hire onboarding, marketing push for a seasonal spike — fund the move without diluting equity.

04 — Inventory

Inventory top-ups

Stock up for a high-margin season or land a large order. Bridge the gap between purchase and sale.

05 — Tax

Tax payments

CRA balance owing, HST remittance, or corporate tax installment — fund it cleanly instead of accruing CRA interest.

06 — Debt

MCA consolidation

Pay out high-rate merchant cash advances and consolidate into a single, lower-rate term loan with fixed monthly payments.

Eligibility

Built for established operating businesses.

Canadian incorporated business or registered sole proprietorship
Minimum 12 months in business with verifiable revenue
Annual revenue $250K+
Personal credit score 600+ (smaller facilities); no minimum on larger asset-backed files
Bank statements for the last 3–6 months (we connect via secure banking link)
No active bankruptcy, CCAA, or consumer proposal

FAQ

Working capital, answered.

A working capital loan is a fixed lump sum with a defined term and equal monthly payments. A line of credit is revolving — draw and repay as needed. Use a term loan when you have a specific, sized expense; use a LOC when you need ongoing flexibility.

Smaller facilities (under $250K) are typically unsecured beyond a personal guarantee. Larger facilities may require asset collateral (equipment, AR, or inventory) depending on file strength and lender requirements.

Most Nex working capital loans allow prepayment with no penalty after 90 days. Some lender products have a small prepayment fee; we'll disclose this on the term sheet before you sign.

Pricing depends on credit profile, time in business, revenue stability, and term length. Strong files clear in the 10–18% APR range; harder files run 20–28%. We always shop your file across multiple lenders and present the best two or three options.

Need capital by Friday?

Apply today. We'll have a term sheet to you within 48 hours and funds in your account within a week.

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