Company overview
HQ · Toronto, ON
Revenue based
Square Canada, Inc. offers revenue‑based loans to Square merchants across Canada, repaid through a percentage of daily sales with a fixed fee and no collateral. Funding is fast, usually within a few business days, but the service is unavailable in Quebec.
Company focus
- Headquarters
- Toronto, ON
- Founded
- 2013
- Employees
- 500+
- Geography
- AB, BC, MB, NL, NS, NT, NU, ON, PE, SK, YT
- Specialties
- invite‑only, data‑driven underwriting, fixed‑fee pricing, no collateral, automatic repayment as a percentage of daily sales, fast funding – often next business day, integration with Square payments ecosystem, unavailable in Quebec
Reported eligibility
- Reported score (scale not specified)
- 30
Third-party reputation
- Reported research
- BBB notes complaints about account deactivations; Trustpilot rates Square Canada around 4.5/5 with ~2K reviews highlighting ease of use but some account limit and hardware issues; recent news announced the launch of Square Loans in Canada.
- Reading this research
- Third-party ratings are historical research, not a Plutus merchant rating. Legal and cost statements are attributed reports, not findings by Plutus; confirm the original sources and current terms.