Coffee Shop Business Loan

Coffee Shop Business Loan

Being the owner of a coffee shop is a dream come true for many entrepreneurs. However, you are aware that operating a coffee shop requires a lot of hard work, and a lot of money. Learn how access to our capital solutions can help you to cover all the necessary expenses and achieve your business goals.

Coffee Shop Business Loan

Coffee shops are a landmark of Canadian culture that have piqued the interest of a number of entrepreneurs. They can be found everywhere and create an amazing work environment for people to work. Although with the industry being so popular, there is an increased level of competition. To stay ahead of the curve, you can get a coffee shop business loan that will help you establish in the most effective and successful fashion.

The online application process is simple and speedy, so in just a few minutes you can receive a no-obligation quote letting you know how much funding you are eligible for. The process is seamless, allowing small business owners to get funded in as little as 24 hours. Apply today and get the support you need to see real business results.

How can a coffee shop business loan help me?

Inventory

As the owner of a coffee shop, you need to ensure you have sufficient inventory to meet the demand of your customers at all times. Stay ahead of demand by investing in a longer lead of inventory and working with fulfillment partners to manage it. Don’t make your customers wait for you, be prepared to meet their needs at any given moment.

Expansion

If your coffee shop proves to be successful, you will most likely decide to either expand your current facility, or open new locations in order to continue your growth. Finance your expansion with a flexible coffee shop business loan.

Marketing

Whether it's billboards, loyalty programs, or influencer outreach, there’s all kinds of creative ways you can invest in finding (and nurturing) your customer base. People won't buy your product if they don't know about you in the first place. We help you to fund the ad campaigns that help you get the message across.

Interesting facts about the coffee shop industry in Canada

  • The two most commonly produced and consumed coffee strains are Arabica and Robusta. Cultivated throughout Africa, Central and South America and South East Asia, coffee is one of the world’s largest export commodities.
  • According to Statista, in 2020, 71 percent of consumers reported consuming coffee in the past day, with Tim Hortons being the leading coffee brand for home use. When buying coffee for home use, Costco was the most popular retailer.
  • The Canadian hot coffee market was worth over 18 billion U.S. dollars in 2020. The single-cup pod market is making up an increasingly larger portion of the market. Having already accounted for more than a quarter of the market in 2016, its share has grown to 31 percent.

How it works

01

Apply in 3 simple steps and
get pre-approved instantly

Our all-digital credit application process is quick and easy and typically takes less than 10 minutes. We ask for basic information about you and your business. We ask you to securely connect your online banking information. And as soon as you're done, we'll tell you exactly how much you can borrow - all without hurting your credit score.

02

Draw what you need, when you need it

When your application is complete, you'll know exactly how much you can borrow, but only you know how much you actually need right now. Make individual draws from within your overall business loan limit, each with their own fixed fees and terms. All pricing is up front, with nothing hidden in the small print.

03

Use our support for whatever you need

Choose the repayment schedule that makes sense for your business—from daily, or weekly payments, or pay early to save on interest. Borrow from $5,000 to $300,000 on 3, 4, 6, 9, 12, 18 or 24 month terms, with absolutely no hidden fees.

See if Your business qualifies

Qualification is simple.
No heavy paperwork.

If your business meets the following basic criteria, our all-digital application process will have us on the way to helping you in minutes.

Your business is based in Canada

Your average monthly revenue is at least $3,000

You have been operating for at least 3 months with a dedicated business bank account

What do you need right now?

Every day brings a different challenge and a different opportunity. At Thinking Capital, we're here with the funds you need when you need them, whether that's to seize the moment, to face down business calamities, or to bet on yourself as you take your business to the next level.

Funding the unexpected

Funding the unexpected

Truck broke down? Receivables late? Product stuck on a ship somewhere?

When the unexpected happens (and it will), we’ve got you.
Marketing Funding

Marketing Funding

Got a great product but need to get the word out?

A business can’t grow without putting itself out there. We help you line up your brand, marketing, and ad spend to make that big public splash.
Funding New Projects

Funding New Projects

New products? Channels? Seize-the-moment growth opportunities?

Whether it’s expanding to new locations, audiences, or product lines, we help you invest in growing your business.

We've got you

We're here to make life easier for Canadian small to medium businesses like yours. How can we help you today?