Lack of working capital and limited cash flow are the most common challenges reported by businesses that are majority-owned by visible minorities in Canada. Sometimes your business needs an infusion of working capital to meet the challenges of your industry, outshine your competition, and seize opportunities to grow or expand, but many minority-owned businesses have trouble getting the funding they need from traditional lenders. If funding from a traditional lender is approved, it is often for lower amounts with higher interest and shorter terms.
With a simpler application, faster turnaround, and flexible approval requirements, Greenbox Capital can fund more minority-owned small businesses in as little as one business day. We offer several types of small business funding for minorities, from as little as $3,000 up to $500,000. We fund all industries, including healthcare businesses, medical practices, law firms, retail stores, business services, restaurants, and more.