Applications

Salaried nurse with stable payroll, modest savings and one car loan.

Personal loan · $15,000 · Salaried

Northgate Credit Union

$15,000Approved

Kite

$15,000Approved

Aspen Bank

$15,000Approved

Grain farm. Most income arrives at harvest, input costs land in spring, and the months between are quiet.

Seasonal operating line · $60,000 · Seasonal

Northgate Credit Union

$60,000Approved

Kite

$8,000Approved

Aspen Bank

Declined

Drives rideshare and delivers food. Many small deposits, almost every day.

Credit card · $3,000 · Gig work

Northgate Credit Union

$2,000Approved

Kite

$3,000Approved

Aspen Bank

Referred

Arrived in Canada seven months ago. Steady payroll, but a thin Canadian credit file.

Starter credit · $2,000 · Salaried

Northgate Credit Union

$2,000Approved

Kite

$1,000Approved

Aspen Bank

Declined

Three bounced payments in the last 90 days and card balances that keep climbing.

Personal loan · $12,000 · Salaried

Northgate Credit Union

Declined

Kite

Declined

Aspen Bank

Declined

Independent garage. Steady weekly card deposits and revenue that has grown all year.

Business term loan · $80,000 · Steady business

Northgate Credit Union

$80,000Approved

Kite

$80,000Approved

Aspen Bank

$80,000Approved

Busy dental practice with high, stable revenue, financing a large equipment upgrade.

Equipment financing · $350,000 · Steady business

Northgate Credit Union

$350,000Approved

Kite

$150,000Approved

Aspen Bank

$350,000Approved

Neighbourhood café with thin margins and two recent bounced supplier payments.

Business line of credit · $25,000 · Steady business

Northgate Credit Union

$7,500Conditions (Approved with conditions)

Kite

Declined

Aspen Bank

Declined

Summer lodge. Revenue peaks June to August; winters are quiet.

Seasonal operating line · $90,000 · Seasonal

Northgate Credit Union

$80,000Approved

Kite

Declined

Aspen Bank

Declined

Long-running hardware store that takes a lot of cash. One day's cash deposits topped $10,000.

Business line of credit · $40,000 · Steady business

Northgate Credit Union

$40,000Approved

Kite

$7,500Approved

Aspen Bank

$40,000Approved

Retired. Lives on a workplace pension and government benefits, with a paid-off home and healthy savings.

Line of credit · $15,000 · Pension

Northgate Credit Union

$15,000Approved

Kite

$9,500Approved

Aspen Bank

$15,000Approved

Two payments bounced last winter. None since, and the card balance has come down every month.

Personal loan · $8,000 · Salaried

Northgate Credit Union

$8,000Approved

Kite

$8,000Approved

Aspen Bank

Declined

One-van plumbing business paid by invoice. Some months bring in twice as much as others, with no regular season.

Business line of credit · $20,000 · Invoice-based

Northgate Credit Union

$20,000Approved

Kite

$5,500Approved

Aspen Bank

Declined

Growing flower shop already carrying an equipment loan, a van loan and a merchant cash advance.

Business term loan · $60,000 · Steady business

Northgate Credit Union

$60,000Approved

Kite

$23,000Approved

Aspen Bank

$42,000Approved