Did you know that in 2025, FINTRAC expanded its regulatory reach?
For years, it applied to banks and major financial institutions. Now, the anti-money laundering and anti-terrorist financing standards extend to the entire alternative lending space, including firms like ours.
Here’s what that means in practical terms: as Canada’s regulatory landscape evolves, alternative lenders now operate under the same compliance framework as traditional banks.
At Capitally, this isn’t a change in direction. We’ve always taken KYC (know your client), AML (anti-money laundering), and privacy seriously. These principles are embedded in how we work. The expanded FINTRAC requirements simply formalize what we’ve been doing all along.
Why does this matter?
For business owners: when you work with a regulated alternative lender, you’re working with someone who operates under the same governance standards and transparency requirements as your bank. Your information is protected. Your transactions are tracked. Your security matters.
For advisors, accountants, and bankers: it means you can recommend alternative financing partners with confidence. They’re not in gray areas. They’re operating with the same professional rigor you’d expect from any regulated financial institution.
In a market where trust is everything, regulatory alignment isn’t a nice-to-have. It’s the foundation of how we operate.
If you’ve been hesitant about alternative financing because you weren’t sure about governance or compliance, it’s worth reconsidering. The playing field has leveled.
