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Rise Asset Development
105 St. George Street
Toronto, ON M5S 3E6

Rise Toronto(Excluding Ottawa, Kingston, Sudbury, Niagara, and London)


647 232 RISE (7473)

toll free

1 855 464 RISE (7473)


[email protected]

Rise Ottawa Region


613 725 3494 (ext. 118)


[email protected]

Rise London and Windsor


519 659 2882 ext. 223


[email protected]

Rise Kingston Region


613 544 9056


[email protected]

Rise Sudbury Region




[email protected]

Rise Niagara Region


289-438-3939 x208


[email protected]

Small Business Lending

001_Rise_Icons_Individual-Small-Business NEW

Access low interest business loans and mentorship to support the launch or growth of your small business.

Apply Now!



Also download Business Plan Guide and Cash Flow Template.


If the small business lending stream doesn't fit your needs, check out our Event Lending program, which offers loans of up to $2,500 to pay vendor admissions, purchase inventory, and cover marketing costs in order to sell/showcase their product or service at an event


The Rise Individual Lending Program provides access to low interest business loans to launch or grow your small business.

What does the program include?

Financing + Mentorship + Support

Financing: we offer low interest business loans based on your stage of business development, viability of the business concept and capacity to re-pay. Eligible entrepreneurs can access loans up to $10,000 throughout Ontario, with an average initial loan size in the $3,000 to $4,000 range.

  • We offer a low interest rate and average loan term is 3 years.
  • Repayment starts 30 days post loan disbursement.
  • Our loans do not require security or a guarantee and there are absolutely no hidden fees at all.

Rise is a character based lender. We look at both the person and the business. Although we do consider credit history in making our lending decisions, we look at more than just a credit score. We consider the individual’s commitment to take the necessary steps to get their finances back on track.

Mentorship: we can connect you with a Rise mentor for guidance and support. Strong mentorship positions entrepreneurs for long-term success. Our mentorship program is designed to provide Rise entrepreneurs with the necessary support and guidance as they implement their business plan and grow their business.

Our mentors are successful business professionals who will share their extensive experience and business knowledge. Our matches are based on the area of strength/expertise of the mentor and the needs of the entrepreneur.

Support: we can assist you by reviewing your business plan and providing resources for you to improve your business skills and financial management.

Click Here to Apply Online


Eligible individuals must:

  • Be motivated entrepreneurs
  • Self-identify as an individual who has experienced mental health and or addiction challenges
  • Be unable to access traditional bank financing for their small business
  • Not be in active bankruptcybehind on child support payments or government taxes.
  • Reside in Ontario
  • Be a Canadian citizen or landed immigrant

To apply, entrepreneurs must submit the following:

  • Financing application
  • Business plan
  • 1 year projected cash flow
  • Resume
  • Credit Report
  • Supporting documentation as required

Rise currently offers loans up to $10,000 throughout Ontario, with an average initial loan size in the $3,000 to $4,000 range.

  • Interest is low at Prime + 2.5% and average loan term is 3 years.
  • Repayment starts 30 days post loan disbursement.
  • Our loans do not require security or a guarantee and there are absolutely no hidden fees at all.

Where does Rise operate?

Rise Asset Development works across Ontario.

If you live outside of the Ottawa, Kingston, or London regions, please contact us directly at  647 232 RISE (7473) OR 1 855 464 RISE (7473).

If you are in the Ottawa region, please contact Rise Ottawa, which is based out of Causeway Work Centre at 613 725 3494 x 118.

If you are in the London or Windsor region, please contact Rise London and Windsor, which is based out of the London Small Business Centre at 519 659 2882 x 225.

If you are in the Kingston region, please contact Rise Kingston, which is based out of Addiction & Mental Health Services - Kingston Frontenac Lennox & Addington, at 613 217 1469.

What types of financing does Rise provide?

• Low interest business loans


How do I know if I am eligible for financing from Rise?

To be eligible for financing from Rise, the entrepreneur should:
• Be interested in self-employment
• Self-identify as an individual who has experienced mental health and or addiction challenges
• Unable to acquire traditional bank financing for your business
• Not have money owing to CRA

In addition, clients should not be in active bankruptcy or behind on child support payments.

What documentation do I have to provide for financing to be initiated?

• Rise application form
• Your business plan
• 12 month projected cash flow
• Business registration
• Legal Canadian status
• Photo ID
• Confirmation of home address
• Prior year CRA Notice of Assessment

Further documents may be required throughout the process.


When do I need to pay back the money that I borrowed? What is the repayment schedule?

The term of the financing varies with each client. A lot depends on the needs of your business. Rise provides a maximum term up to 5 years.

How much does it cost? What is the interest rate and application fee?

Rise does not charge an application fee.

Rise offers a low interest rate on our loans. Get in touch with us to find out more!


What collateral do I have to provide?

Rise uses your business inventory and/or leased equipment as collateral for financing.


What happens if I get sick during the financing?

Under special circumstances, including health problems or other emergencies beyond your control, you can request in writing to delay one or more payments. This request must be accompanied by third-party documentation, such as a doctor’s note or other proof of an emergency, and will be granted at our sole discretion. Should this period be extensive, we may require that you repay the remainder of the financing immediately or provide us with business assets in the form of receivables, inventory or other goods of equivalent value.


Is there a penalty on late payments?

See Small Business Lending Program Page


How will my income support from Ontario Disability Support Program (ODSP) or Ontario Works (OW) be affected by Rise financing?

The business financing is not considered personal or business income and will not affect your ODSP or OW payments. However, business profits in the subsequent months should be reported following the ODSP/OW rules. You can find more information on how to report your business income to ODSP on this site.

Please note that we do not report directly to your ODSP or OW case worker.


Do I need to charge tax to my clients?

Yes. As a business owner you must collect the 13% HST on all taxable supplies of property and services that you provide to your customers.

When you start your business, you generally need to register for GST/HST if your total revenues from taxable supplies exceed $30,000 in a fiscal year. However, if you expect your business revenue to be less than $30,000, you don’t need to charge GST to your clients. Once you register for GST/HST, the CRA will assign you the reporting period in which you are responsible to file your GST/HST returns.

Even if you don’t expect your revenue to be greater than $30,000 in your first year of business, you may want to consider applying for a GST/HST number and charge tax anyway. Not collecting taxes may send a mixed message to your customers that your business is very small and that may not be the impression you want to give. Once you charge tax, you’ll be able to get back the GST/HST you pay on the goods and services your business buys.

For further information on GST/HST, please refer to the CRA guide here.


How do I register my business in Ontario?

If you will be using a business name that is different from your full name or the name of your corporation, then you will need to register that business name. The cost to register your business ranges from $60 to $80. You can complete an optional name search and register your business:
•Through Service Ontario’s Website 
•In person at a Service Ontario centre
•By mailing an application to the address indicated on the form
For more information on business registration, please refer to the Service Ontario’s website here.


If I do not have a history of mental health and/or addiction challenges, how can I access support (financing and business advice) to help grow my small business?

1. For individuals who do not self-identify with a history of mental health and/or addiction challenges and are unable to access financing from mainstream financial organizations, we encourage you to explore other Ontario based community loan funds. You can connect directly to: Access Community Loan FundOttawa Community Loan FundAlterna Savings and PARO Centre.

2. Access our free online resources to assist you in growing your business.


What type of businesses does Rise finance?

We do not support any activity that involves sexual exploitation; illegal activity; the production of materials that promote hate, discrimination, or illegal activity; proselytizing of a particular religious or political opinion.