Last reviewed: October 2, 2026
Disclaimer: This review summarizes publicly available information, including customer reviews, forum posts such as Reddit, BBB and Trustpilot listings, court records, regulator actions, and news reports. It is not the opinion of MCAFax. MCAFax cannot confirm or deny any allegations, complaints, or claims described here. Information may be outdated or incomplete. MCAFax is not affiliated with this lender. This is not legal or financial advice. Lenders who believe something is inaccurate can contact info@mcafax.com for review.
Summary verdict
Merchant Growth, based in Vancouver, lends only to Canadian businesses. It offers term financing of $5,000 to $1 million over 6–24 months and lines of credit of $7,500 to $125,000, and says it has funded more than 15,000 Canadian small businesses (Merchant Growth). Finder reports it was founded in 2009 (Finder). BBB (Vancouver) lists Merchant Growth as accredited with an A+ rating (BBB).
Paper Grade: C paper
Finder reports that Merchant Growth requires at least 6 months in business and $10,000 in monthly sales, and recommends a 550+ credit score. It charges rates of 12.99%–39.99% with daily or weekly payments on loans and advances (Finder). Young businesses, a 550 floor and short terms put this at C paper. Paper grade describes the borrower profile this lender targets, not the lender's quality.
Research-Based Reputation Score: 8.5 / 10 (reputation rank: tied #2 of 72 lenders scored, as of October 2, 2026)
How we got there: start at 5.0, then +1 for BBB accreditation (since September 28, 2012) with an A+ rating, +1 because BBB lists the business as started in November 2009 (BBB), +1 for Trustpilot at 4.9/5 from 695 reviews as reported by Finder on May 14, 2026 (Finder), and +1 because our searches of regulator sites, court records and news coverage turned up no regulator orders or court judgments in which it is a named party. Then −0.5 for a BBB customer-review average of 1/5 from 3 reviews (BBB reviews). BBB shows 0 complaints (BBB complaints). The total is 8.5. Confidence is lower because our regulator checks were web searches focused on U.S. sources, and this is a Canadian lender.
About the Paper Grade: it reflects only the borrower profile and deal type the lender targets (stated credit, time-in-business and revenue minimums, and product type). It is not a judgment of the lender's quality. A = strong credit (about 625–650+), established businesses, APR-priced loans or lines. B = fair credit (about 600+), short-term or factor-rate products. C = credit about 500–599, younger businesses, MCA or revenue-based, or sales-based platform financing with no credit check. D = minimal credit requirements, very new businesses, stacked positions or high-risk industries. Lawsuits and regulator actions never change the Paper Grade.
About the Research-Based Reputation Score (1–10, half-points): it summarizes public signals and is not the opinion of MCAFax. Every lender starts at 5.0. Points are added for BBB accreditation and an A+ rating, years in business, strong Trustpilot ratings, and a clean record (no regulator orders or court judgments in which the lender itself is a named party). Points are subtracted for a BBB rating of C− or lower (−1), a BBB customer-review average below 2.5/5 (−0.5), recurring complaint themes (−0.5 to −1), and a pending class action (−0.5). Government actions are scored only when the lender itself is a named party: −1 for a settled action not about borrowers, −2 for a regulator consent order with a penalty and no admission, −3 for active enforcement or a final order about borrower treatment, and −5 for an industry ban or court finding of liability. The lowest score, 1.0, is reserved for lenders under an industry ban or a final fraud judgment. Ratings we could not read score zero, and routine collection suits are not scored. Every point applied to this lender is listed above. Ranks are as of the date shown; MCAFax cannot confirm or deny any allegation counted here.
At a glance
| Item | Details |
|---|---|
| Market | Canada only (Finder) |
| Term financing | $5,000–$1,000,000; 6–24 Months (Merchant Growth) |
| Line of credit | $7,500–$125,000 (Merchant Growth) |
| Minimums (as reported) | 6 Months, $10,000 monthly sales, 550+ credit recommended (Finder) |
| BBB | A+, accredited since 28/9/2012; 1/5 from 3 reviews; 0 complaints (BBB) |
What borrowers and reviewers report
Positive themes: Finder reports that reviewers praise fast funding, helpful service and a simple application (Finder).
Negative themes: Finder notes complaints about high rates and unresponsive service after applying, and BBB reviewers describe poor communication (Finder, BBB reviews).
Reported concerns to plan around
These are allegations or reported experiences, not findings, unless a final order is cited.
- Payment frequency: loans and advances are repaid daily or weekly; lines of credit monthly (Finder). Model the cash-flow impact before you sign.
Who it may suit, and who may want to skip it
May suit: Canadian businesses with 6+ months and $10K+ monthly sales that need fast funding. May want to skip: U.S. businesses (not eligible) and borrowers who qualify for bank rates.
What to do next
Been contacted by Merchant Growth? Report the phone number or email that reached you, and sign up to block unwanted funding calls. → Report a number or email (https://mcafax.com/report?lender=merchant-growth)
Looking for funding? Tell us what you need, and we'll help you compare Merchant Growth with other funders that fit. → Apply through MCAFax (https://mcafax.com/apply?lender=merchant-growth)
Sources (accessed October 2, 2026)
Merchant Growth homepage: merchantgrowth.com
Finder Canada, Merchant Growth review: https://www.finder.com/ca/business-loans/merchant-growth
BBB profile, Merchant Growth (Vancouver): https://www.bbb.org/ca/bc/vancouver/profile/business-loans/merchant-growth-0037-1251439
Disclaimer: This review summarizes publicly available information, including customer reviews, forum posts such as Reddit, BBB and Trustpilot listings, court records, regulator actions, and news reports. It is not the opinion of MCAFax. MCAFax cannot confirm or deny any allegations, complaints, or claims described here. Information may be outdated or incomplete. MCAFax is not affiliated with this lender. This is not legal or financial advice. Lenders who believe something is inaccurate can contact info@mcafax.com for review.