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SharpShooter Funding Reviews, Ratings And Fees 2020

SharpShooter Funding
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SharpShooter Funding offers Canadian business owners a variety of solutions to meet their small business funding needs. If you’re an owner looking for additional capital to help support and grow your business, SharpShooter Funding offers…

  • Business Funding
  • Factoring
  • Merchant Advances
  • Long Term Financing
  • Merchant Processing

SharpShooter Funding provides an alternative option for those business owners who have been turned down by the banks and credit unions.

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Provider Details

Rated 5/5 based on 14 customer reviews

Address
801 Eglinton Avenue West
Suite #400
Toronto, Ontario
M5N 1E3

Website
https://www.sharpshooterfunds.com

Certifications
Canadian Lenders Association logo

SharpShooter Funding Services

Business Loan

SharpShooter Funding Reviews & Ratings

Is SharpShooter Funding legit or a scam? See what others have to say.

We loved the professionalism and responsiveness from Paul’s team and actually him super involved in the case! Definitely, a GREAT Company to wor... read more
Written by: Diana Ch
Posted on: February 3, 2020
I decided to go with First Down Funding for a small business loan after seeing all of the excellent reviews. I am so glad that I did! Mr. Pitcher is a... read more
Written by: Shannon T6
Posted on: February 3, 2020
Great services.
Written by: Gabriela Nowicki
Posted on: January 29, 2020
A great team of professionals directed by Paul Pitcher. Tremendous sense of urgency and masters of follow up. Would recommend to any small business ow... read more
Written by: Danielle
Posted on: January 11, 2020
Very professional friendly staff, quick turnaround time I am so happy to be doing business with SharpShooter.
Written by: April
Posted on: December 23, 2019
I decided to go with SharpShooter Funding for a small business loan after seeing all of the excellent reviews. I am so glad that I did! Mr. Pitcher is... read more
Written by: TRJohnson
Posted on: December 4, 2019
Wow, what a great Company. Paul Pritcher is really wonderful, he made my loan prowess to easy. I was funded so quickly when other lenders would not ev... read more
Written by: Michelle Long
Posted on: November 25, 2019
I applied with this lender and within 3 hours I had funding approved from sharpshooter . After dealing with paul and the underwriter team my loan was ... read more
Written by: Chris
Posted on: September 3, 2019
This is a trusted service provider in Canada.
Written by: Loans Canada
Posted on: June 11, 2019
Sharpshooter funded my business when my bank declined me last week. Thank you Sharpshooter Funding.
Written by: Olga F
Posted on: May 29, 2019
I applied within Sharphooter last Wednesday and the sales staff was easy to work with. Communication was great. Originally I was declined by a few ban... read more
Written by: Clyde E
Posted on: February 25, 2019
Worked with Paul. he was very friendly and really seemed to care
Written by: Thomas
Posted on: February 20, 2019
SharpShooter Funding is one of a kind. Funding received within hours every couple months. Thank you!
Written by: Chris S
Posted on: February 20, 2019
SharpShooter Funding has been great. Approved within 3 hours and the guys were able to fund on a Saturday Morning. Funding every 6 months for the last... read more
Written by: Jack Pryerson
Posted on: January 22, 2019

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SharpShooter Funding Reviews on Loans Canada

FAQs

What is the maximum APR allowed in Canada?

  • The Criminal Code of Canada states that the maximum APR that can be charged for a loan in Canada is 60%. Interest rates above 60% are illegal. It’s important to note that payday loans are exempt from this law. Payday loans are regulated on a provincial level which means the maximum interest rate that can be charged for a payday loan varies from province to province. In Quebec, the maximum AIR on payday loans in 35%, this rule has effectively shut down the payday loan industry in the province.

How much does it cost to take out a personal loan?

  • While this depends on a variety of factors, including your lender, there are several main factors that affect the cost of a personal loan.
    • Principal amount
    • Interest rate
    • Payment frequency
    • Repayment period

What happens if I stop paying my loan?

  • When you stop making payments on a loan you will go into default, your lender will likely try to make several attempts at collecting the money you owe, and if these attempts fail they may then send your account to a collections agency. Your credit score may also be negatively affected which will make it difficult to borrow in the future. When applying for a loan, it is important to not overextend yourself financially and limit the total amount borrowed, especially if the cost of borrowing is high.

What documents are required to apply for a loan?

  • While this will vary from lender to lender, here are the most common documents required to apply for a loan in Canada.
    • Government-issued I.D.
    • Proof of address
    • Proof of income or employment
    • Bank statements
    • Tax returns (for those who are self-employed)

What is the difference between a payday loan and a personal loan?

  • A payday loan is a short-term loan product, usually for no more than $1,500, that is paid back in full within two weeks or on the borrowers next payday. Payday loans have high-interest rates that often equate to an APR of over 400%.
    A personal loan, on the other hand, is a short to medium-term loan product that is paid off in installments over a fixed period of time, typically 3 months to 5 years. Personal loans are available for a variety of amounts, anywhere from $500 to $35,000. Interest rates vary from lender to lender but are nowhere near as high as payday loans.
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