Merchant Growth Ltd. Acquires Lendified Inc. Learn More
Spread throughout communities all across Prince Edward Island, small businesses are the bedrock of the provincial economy.
At Lendified, we believe that Prince Edward Island’s small business owners should have access to the financing they need to take their ventures to new heights. With smarter loans and more convenient financial services, we get them the working capital they need, when they need it.
Small businesses in PEI deserve better treatment than the banking sector currently provides, which is why our company is proud to provide a variety of accessible loans and flexible financing options. Our online approval process is simple and straightforward, which allows us to help PEI entrepreneurs and organizations create the conditions for their own success, further driving business activity forward in the province.
PEI business owners can apply for their loan online, get pre-qualified in under 10 minutes, and receive their funding in as little as 48 hours!
For small business owners in Prince Edward Island that need financing for their business operations, choosing the right loan provider is vitally important. The major banking institutions are usually where PEI business owners start their search for small business loans. Unfortunately, with these traditional lenders, financial services are structured in such a way that many applicants experience frustration, delays, and rejection.
Our goal is to help PEI companies of all kinds overcome day-to-day or seasonal challenges by giving them the working capital they need to shore up their cash flow, pay off credit cards, make interest payments or address any other important business need.
Lendified provides fast, simple and affordable capital to a wide range of businesses in PEI and throughout Canada via small business financing, driving growth and community economic development.
We work with a number of Prince Edward Island-based companies, from industries such as:
If your industry isn’t shown above, don’t worry! Lendified can still help! We provide funding to a diverse range of companies throughout the province. See all the other industries we serve here.
Small business financing in Canada can help businesses with loans that can be used in a variety of circumstances, such as:
In order to apply for business loans in PEI, you must meet the following criteria:
Through Lendified’s services, PEI businesses get matched with the right lender for their situation, which allows them to secure a small business loan ranging from $5,000 to $150,000 with competitive interest rates.
Our lendering partners consider all relevant information in order to come up with a payment plan that makes sense for all parties. With terms normally ranging between 3 and 24 months, you can pay back your business loan without compromising your bottom line.
One of the easiest ways to make sure your company has working capital on hand is to apply for small business loans through Lendified’s online portal. Our financing programs are easily accessed through our website, and the application process only takes a few minutes to complete.
After providing some basic information about you and your business, you could be instantly pre-qualified for business financing and have your money delivered in as little as 48 hours after your loan approval.
While our goal at Lendified is to assist as many small businesses as we can, there are several industries that we do not serve, and thus cannot qualify for a loan.
Credit Protection, Restoration, Repair Financial Transaction Processing Insurance Related Services investment Advice & Securities Dealers Lenders
Discount Travel Clubs/Subscriptions Pawn Shops/Consignment Precious Metal Sales
Taxis & Independent Logistics Companies Trucking Companies (with less than 5 vehicles)
Contractors (with less than 10 employees) Trades (with less than 10 employees)
Auto, RV, & Boat Dealers Manufactured/Mobile Home Dealers
Adult Entertainment/Materials Government & Non-Profits Guns & Ammunition Sales or Manufacturing Lotteries/Raffles/Gaming/Gambling Agriculture and Fishing Non-Profits
in fast and affordable funding
provided instantly for free
with simple bi-weekly payments
Apply in minutes using our secure online application and get pre-qualified instantly
Avoid overpaying and save up to 40% compared to a merchant advance & other online lenders
Get a real business loan that helps you build credit and qualify for even better rates on capital
Work with a trusted Canadian company founded by former bank executives dedicated to helping small businesses