Canadian online lender for small and medium-sized businesses
At a glance
Founded 2009, as Mercantile Advance Headquarters Montréal, Quebec Operates in Canada, all provinces Ownership Private and founder-owned following a 2022 management buyout from OnDeck Funding range $10,000 to $500,000 Repayment Fixed daily or weekly payments over six to 24 months; revolving line; factor rate on the flex advance Security Mostly unsecured; facilities above $300,000 may require security Industries Retail, food and beverage, health and wellness, restaurants, convenience, automotive and salons; excludes firearms, gambling and money services Capital deployed $1B+ Leadership Neil Wechsler (CEO), David Souaid (CRO), Harley Greenspoon (COO) Websitejourneycapital.ca
Journey Capital is a Canadian online small-business lender headquartered in Montréal, providing fast, flexible access to capital for Canadian small and medium-sized businesses. It is led by CEO Neil Wechsler and serves customers bilingually in English and French.
Mission
Champion Canadian entrepreneurs with fast, flexible access to the capital they need.
By the numbers
Certified as a Great Place to Work (2024–2025)
Company history
The business began in 2009 and operated over the years as Evolocity and then OnDeck Canada. It became an independent Canadian company through a management buyout from Enova in 2022, and rebranded to Journey Capital in 2024. It is privately held and independent.
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Levr is software for brokering business loans. This profile is provided as general reference and does not imply a partnership, affiliation, or endorsement between Levr.ai and Journey Capital. Company details change; confirm anything important directly with the company. Last reviewed July 2026.
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