Small business loans and home loans

At Taufeeq Rahim & Victor Sodia there are no loans too small. On top of doing conventional residential and commercial mortgages we also assist our clients who may need access to smaller funds to help with an emergency, or for their business.

If you are a homeowner who need fast access to funds that are between $5000 to $40,000 we can provide solutions that enable you to have the funds in their bank accounts with 48 hrs in most cases.

 

Access the equity in your home faster

If you are a homeowner who need fast access to funds that are between $5000 to $40,000 we can provide solutions that enable you to have the funds in their bank accounts with 48 hrs in most cases.

Below are some of the benefits of these types of loans

  • Funds in your account within 48 hrs
  • Not reported on credit bureau
  • Rates starting at 8.99% O.A.C.
  • No appraisals needed
  • Less than perfect credit acceptable
  • Less time and hassle than a 2nd mortgage
  • Flexible repayment plans available

If you are a business owner who need funds there are some financing options available to cater to your needs

 

Merchant Cash Advance

A merchant cash advance is a one-time advance that you repay through a set percentage of your daily credit card and debit sales. These repayments are debited daily, Monday through Friday, from your business bank account. Our lender work with all banks, so there’s  no need to change accounts. 

This type of funding is well suited to food service, hospitality and retail businesses. It’s a low risk way to borrow money because if you are closed or having a slow season, you won’t have the stress of needing to repay but not having the cash flow to do so

 

Secured Business Loan

 

A secured loan allows you or your business to tap into lower borrowing rates by using your property as collateral. These secured loans have no restrictions on how you can use the money, and they have better term lengths than other types of loans such as second mortgages

 

Term Loan

 

A term loan is a one-time  loan that you repay a set amount daily or weekly over a set number of months (up to 24 months). Term loans do not have an interest rate; rather, a flat fee determined by creditworthiness, length of time in business and other factors is added to the amount borrowed. 

This type of funding suits  most businesses and help with immediate needs like purchasing inventory and replacing broken equipment.

 

How does it work?

 

It is a simple 3 STEP process

  • Simply provide a little bit of information about you, your business and annual gross sales
  • We help you complete the secure application, and one of the lender representatives will call to discuss the best way to set up the loan for you
  • Repay the loan as set up originally when getting the loan approval

 

Speak to Our Mortgage Agents (Level 2) Today! Call: (905) 699-7831 / (416) 566-2516

Our Services Include: Mortgage Purchase | Mortgage Refinance | Mortgage Renewals | Commercial Mortgage | Rental Property Mortgage | Debt Consolidation | Reverse Mortgage | First Time Buyers Mortgage | Business for Self | No Money Down Mortgage

Our Mortgage Agents (Level 2) serve clients across Milton, Georgetown, Guelph, Hamilton, Burlington, Kitchener, Cambridge, Brampton, Mississauga, and Oakville, Ontario.