MKG Mortgages · GTA
Reviewed by Micky Khaneka, licensed mortgage broker
A business loan funds a business use: equipment, a fit-out, inventory, or a working-capital gap. The term should match how the money comes back. A long amortization on a short need is how the cost creeps up.
MKG Mortgages places these requests for owners across the GTA, and says when a bank is the wrong door before any fee is incurred.
Micky Khaneka, licensed mortgage broker, M21002608, FLOW Lending Group, Brokerage #12864
Working capital, equipment, a renovation of the premises, or a purchase of another business can all be the purpose. The lender wants that purpose in a sentence, plus the statements that show the company can carry it. A personal mortgage is a different page.
An illustrative example names the use of the funds and the statements that would support it, such as a year of revenue and the equipment quote. It does not name a rate. If the statements are not ready, the file waits.
Illustrative example
The challenge. The machines would earn their keep on a shorter life than a mortgage.
How MKG structured it. We placed a facility matched to that equipment, separate from borrowing against the owner's house.
Illustrative example
The challenge. The cost was a leasehold and inventory, not a property purchase.
How MKG structured it. We structured the request around that use and the business statements.
Illustrative example
The challenge. The decline had a reason, and the need was still real.
How MKG structured it. We read the reason and took the file to lenders, including alternative capital, that price that kind of request.
The term should match the use of the funds.
The purpose comes first, then the statements, then the security if the lender wants it. Some requests fit a term loan. Some fit a line. Some belong on a commercial mortgage because the building is the point. MKG says which of those you are in.
01
Equipment, inventory, a leasehold, or a shortfall in working capital are different requests. The purpose comes first.
02
A long amortization on a short need is how businesses end up overpaying. We size the facility to the job.
03
If the file needs alternative or private capital, the cost is explained before any work starts.
A decline is about that lender's box. Another program may fit, and some will not. Bring the decline only as context. The statements and the use of funds are still the file. There is no path that skips the numbers the business has filed.
The asset and the cash flow both have to support the payment.
A facility for operations is structured differently from a property purchase.
We look at why, then at lenders who price that kind of file, including alternatives where a fee applies.
| Request | Usual shape | What to bring |
|---|---|---|
| Working capital | A line or a short loan | Statements and the cash-flow reason |
| Equipment | A term matched to the asset | The quote and the statements |
| Buying the building | A commercial mortgage | The property, the leases or the business |
Sources. FSRA — mortgage brokering · FCAC — mortgages Published rules change. Read the current page, and confirm tax with your lawyer, before you rely on a figure.
The business-loans page covers the GTA from the North York office. A Vaughan page remains for readers who already have that URL. Other cities start here. The company can operate in one city while the owner lives in another. Both facts can be on the file.
The note below is paraphrased from a public Google review. It is one client's experience, not a promise that the next file ends the same way. A rate in a client's words is not an offer from MKG. The lender still decides.
A business owner wrote that the use of the funds was discussed first and that the process stayed organized.
Paraphrased from a public Google review of MKG Mortgages. Names and identifying details are left out.
Micky Khaneka is a licensed mortgage broker, FSRA M21002608, at FLOW Lending Group, Brokerage #12864. Canadian Mortgage Professional named him to the CMP Top 75 for 2026, at number 15 in Canada. The lender still decides. The lender still decides.
Micky Khaneka, licensed mortgage broker, M21002608, FLOW Lending Group, Brokerage #12864
The firm serves clients in English, Hindi, Punjabi and Bengali.
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These are the questions that show up before a file is opened. The short answer sits under each one in the page, so you can read it without opening a box. The lender still decides, and a figure in an example is not an offered rate.
No. A commercial mortgage is secured mainly by property. A business loan can fund operations, equipment, or expansion, and it may or may not be tied to real estate.
What the money is for, how the business earns it back, and recent financials if you have them. A full package can come after the first conversation.
Book a time or send the statement, the agreement, or the assessments you already have. The first call is free. It is a review of the file, not a promise of approval, and any rate talk stays illustrative and on approved credit.
Any rate or payment mentioned is illustrative and on approved credit (OAC). It is not a quote, a commitment, or a current offer.