What you will need
Have these ready when you apply — it speeds the process considerably:
- Legal business name and structure (corp, partnership, sole prop)
- Years in business and Canadian province of incorporation
- Equipment type and approximate price
- Approximate down payment (if any)
- Best contact email and phone for the principal
What happens next
After you submit, here is the typical timeline:
- A GGC advisor reviews the file (usually within 1 business hour)
- A short call to confirm equipment specifics and goals
- File is matched to the right lender(s) for your credit profile
- Indicative offer returned in writing — no obligation
- On acceptance, formal underwriting and funding (typical 3–10 business days)
Frequently Asked Questions
Is there any cost to apply?
No. Application is free and there is no obligation to accept any offer that comes back.
How long does approval take?
Most files receive an indicative answer within 24 hours. Files over $250,000 may take 2–3 business days for full underwriting after financials are received.
Will applying hurt my credit score?
No. The initial evaluation uses a soft credit pull, which does not affect your score. A hard pull only happens once you accept a written offer.
Do I need to pick a lender myself?
No — that is our job. Tell us about your business and equipment goals, and we match you to the lender(s) best suited for the file from our network.
What documents are usually required?
For applications under $250,000 the file is typically minimal — a one-page application and basic ID. Above $250,000 we generally request two years of business financial statements and the most recent three months of bank statements. Specific lenders may also request equipment quotes, articles of incorporation, or a personal net-worth statement.