General Questions

Learn about COMRET Credit and what we offer

COMRET Credit is a leading Canadian commercial credit provider with over 40 years of experience. We specialize in providing flexible financing solutions to businesses across all industries, including lines of credit, term loans, equipment financing, and invoice financing.

Most applications receive a credit decision within 24-48 hours. Once approved, funds can be available immediately. Our streamlined process is designed to get you the credit you need when you need it.

We offer flexible credit solutions ranging from $10,000 to $500,000+, depending on your business needs and qualifications. Our team will work with you to determine the right amount for your situation.

Typically, we require basic business information including your business registration, recent financial statements, and bank statements. Your credit specialist will provide a complete list based on your specific situation.

We work with businesses across all industries—from retail and manufacturing to professional services and technology. Our flexible approach allows us to understand and serve the unique needs of different sectors.

Yes! While traditional lenders often require years of operating history, we evaluate each business individually. Even newer businesses with strong fundamentals and solid business plans may qualify for credit.

Fees & Terms

Understanding costs and payment terms

No. We believe in complete transparency. All fees, rates, and terms will be clearly outlined before you sign anything. There are no surprise charges or hidden costs—what you see is what you get.

Interest rates vary based on factors such as credit amount, business history, and type of financing. We offer competitive rates tailored to your situation. Contact us for a personalized quote.

Repayment terms vary by product. Lines of credit offer flexible draw and repay options. Term loans typically range from 1 to 5 years with fixed monthly payments. We'll customize a repayment schedule that matches your cash flow.

Yes! Most of our products allow early repayment without penalties. This can help you save on interest costs if your business generates extra cash flow. Check your specific loan terms for details.

It depends on the type and amount of credit. Equipment financing uses the equipment as collateral. Some lines of credit may require collateral, while others are unsecured. We'll discuss collateral requirements during your application.

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General Questions

Fees & Terms

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