# Pillar Capital

Source: https://businessloanbroker.ai/lenders/pillar-capital/
Site: BusinessLoanBroker.ai (powered by Levr)

> Pillar Capital lends $500,000 to $30 million against real estate and equipment on three to 36 month terms, underwritten on asset value. See who fits.

Pillar Capital is a privately held Canadian lender in Calgary that provides asset based bridge financing when a bank declines or moves too slowly. It funds Canadian businesses in any industry with $500,000 to $30 million secured on real estate and equipment, underwritten on asset value rather than cash flow, on terms of three to 36 months.

## Key facts
- **Products:** Asset based lending, business term loan, equipment financing
- **Funding range:** $500,000 to $30,000,000
- **Repayment:** Fixed term of three to 36 months; advance rates up to 75% loan to value; limited covenants
- **Security:** Real estate and equipment, including first and second position mortgages
- **Operates in:** Canada
- **Industries:** Industry agnostic; examples include industrial, real estate, agriculture and logistics
- **Founded and headquarters:** 2014, Calgary, Alberta, with offices in Edmonton, Kelowna and Toronto

## What does Pillar Capital offer?

Pillar Capital offers [bridge loans](https://businessloanbroker.ai/business-loans/bridge-loans/) and term loans secured on real estate and equipment, from $500,000 to $30 million over three to 36 months. It will take first or second position mortgages, advances up to 75% of asset value, and keeps covenants limited. The underwriting looks at what the asset is worth rather than what your income statement says, which is what makes it usable during a turnaround or a time sensitive purchase. Its website is pillarcapitalcorp.com, and it also lists [equipment financing](https://businessloanbroker.ai/business-loans/equipment-financing/).

## Who does Pillar Capital fund, and who do they decline?

Pillar funds Canadian businesses in any industry that own real estate or equipment with equity in it, with industrial, real estate, agriculture and logistics given as examples. Its stated purpose is to act when traditional lenders decline or move too slowly, so a weak year or a bank's timing is not a barrier if the collateral is there.

It does not publish decline criteria. The $500,000 floor and the asset requirement are the filters: a business with no property or equipment to pledge, or needing less, is not a fit. A bridge should also have an exit, such as a sale, a refinance or an expected inflow. Businesses outside Canada are not eligible.

## What does it typically cost and how fast is it?

Pillar does not publish rates or fees; pricing is quoted per file. Asset based bridge loans are usually priced well above bank rates, often with a lender fee at closing, because they are short, fast and carry turnaround risk; our [bridge loan](https://businessloanbroker.ai/business-loans/bridge-loans/) page gives the typical range. Speed is described as fast but not quantified. Weigh the cost of the bridge against the cost of missing the opportunity or losing the asset, and plan the exit before you sign.

## What will you need to apply?

Prepare the asset details: property titles, recent appraisals, existing mortgage statements and equipment lists with valuations. Add financial statements, a description of the purpose and the exit plan, bank statements and corporate documents. Our [document checklist](https://businessloanbroker.ai/guides/document-checklist/) covers the baseline; the appraisals and exit plan are the extras for an asset based bridge.

## How does Pillar Capital compare with similar lenders?

[Garrington Capital](https://businessloanbroker.ai/lenders/garrington-capital/) lends $250,000 to $30 million against receivables, inventory and equipment on revolving lines in Canada and the US, which suits ongoing working capital rather than a short bridge. [Accord Financial](https://businessloanbroker.ai/lenders/accord-financial/) offers asset based lending, factoring and equipment finance from $5,000 to $30 million in Canada. Pillar is the one built around real estate collateral and short bridge terms, and it is the only one of the three that names second mortgages.

## How to apply

Apply once on this site and matching shows whether Pillar Capital, or a similar lender, fits your file. You can also ask your AI assistant to collect your documents and apply for you through our [MCP server](https://businessloanbroker.ai/agents/). A profile in this directory is a market reference and does not by itself mean the lender is on our network for your file; matching shows the lenders available to you.

| Lender | Products | Funding range | Operates in | Best suited for |
|---|---|---|---|---|
| Pillar Capital | Asset based bridge loans, term loans, equipment | $500,000 to $30,000,000 | Canada | Canadian businesses needing fast asset based bridge financing after a bank decline |
| Garrington Capital | Asset based lending, factoring, equipment leasing | $250,000 to $30,000,000 | Canada and United States | Established, asset rich businesses needing secured financing outside bank criteria |
| Accord Financial | Asset based lending, factoring, equipment | $5,000 to $30,000,000 | Canada | Established Canadian companies with assets to borrow against |

## Questions and answers
**Does Pillar Capital look at my cash flow?**

Its published approach is to underwrite on asset value rather than cash flow, with advances up to 75% of value. The collateral and the exit matter more than last year's profit.

**What is the shortest term?**

Three months, as published, up to 36 months. These are bridge loans meant to be repaid from a sale, a refinance or an expected inflow.

**Will Pillar take a second mortgage?**

Yes. The profile lists first and second position mortgages among its security, which lets you borrow against equity behind an existing bank mortgage.

## Related
- [Garrington Capital](https://businessloanbroker.ai/lenders/garrington-capital/)
- [Accord Financial](https://businessloanbroker.ai/lenders/accord-financial/)
- [Business bridge loans](https://businessloanbroker.ai/business-loans/bridge-loans/)
- [Commercial real estate loans](https://businessloanbroker.ai/business-loans/commercial-real-estate-loans/)

## Apply
Apply for the business: https://apply.businessloanbroker.ai/signup?utm_source=direct&utm_medium=organic&utm_content=md-lender-pillar-capital
MCP server for AI agents: https://mcp.businessloanbroker.ai/mcp (docs: https://businessloanbroker.ai/agents/mcp/)