Coming soon:
The new PayPal Business Loan

Eligibility is currently limited to a small group of PayPal merchants within Canada. We plan to expand this program to more PayPal businesses in the coming months.

Small business funding in as fast as 1 to 2 business days.

See how the PayPal Business Loan makes financing straightforward and simple.

Fast access to cash

Check eligibility in minutes online. Complete application, and if approved, funds are transferred as fast as 1 to 2 business days.*

Clear, competitive pricing

Pay one competitively-priced fixed fee that you know in advance. No late fees, no early repayment fees, and no hidden fees.**

Tailored terms

Choose the loan amount and term (13 to 52 weeks based on loan amount) that fit your business needs.

Hassle-free repayment

Predictable weekly payments will be made automatically from your bank account so there are no monthly bills to remember.




*PayPal Canada Co. will transfer funds to your business bank account typically within 1 to 2 business days following loan approval, if approved before 3:30 p.m. Eastern Time (excluding bank holidays).

**There is no fee deducted upfront from the loan proceeds. Instead, the single fixed fee is paid over the life of the loan. In addition to the fixed fee (Total Loan Fee) for the loan, the only other cost is a $20 Returned Item Fee that is only assessed if a payment is returned.

Applying is simple and easy.

"With the PayPal Business Loan, it was easy to forecast cash flow knowing exactly what our payment would be."

The Giving Keys, PayPal Business Loan Customer

Results may vary across businesses.

Frequently Asked Questions

You must complete a 5-10 minute online questionnaire to determine your business's eligibility. Once the questionnaire is complete, estimated loan terms can be customized by adjusting the loan amount and duration to compare the costs of financing.

Once you select your desired terms, you will, if approved, be prompted to download, print, complete, and return your signed contract. Your bank information will be confirmed so that payments can be debited weekly from your business's bank account.

See all FAQ's