Construction and contractor financing
Cover materials, payroll and equipment while you wait on client payments. Fast working capital for Canadian contractors and trades.
- Funding
- $5K – $1M
- Suggested product
- Line of credit or business loan
- Decision
- As little as 1 business day
- Minimums
- 6 months, $10K/month
Why contractors use fast funding
Contractors often pay for materials and crews weeks before a client pays the invoice. Holdbacks and slow payments can squeeze cash even when the order book is full.
Working capital funding bridges that gap so you can take the next job. A line of credit works well for recurring timing gaps, while a term loan suits equipment and vehicles.
Example
$80,000 × 1.20 = $96,000
You receive $80,000 and repay $96,000 in total, a fixed amount agreed upfront. Illustration only; your offer comes from the lender.
How owners use the funds
Materials
Buy materials upfront for the next project.
Payroll
Pay crews on time while invoices are outstanding.
Equipment and vehicles
Buy or upgrade tools, trucks and machinery.
Bidding on bigger jobs
Take on larger contracts with confidence.
Funding options
Business loan
A lump sum repaid over 6 to 24 months with automatic payments. Best for inventory, equipment, hiring and expansion.
- Fixed total cost agreed upfront
- 6 to 24 month terms
- Daily or weekly payments
Merchant cash advance
An advance against future sales, repaid as a share of your card revenue. Payments rise and fall with your sales.
- Repayment flexes with sales
- Built for card-heavy businesses
- Approval based on sales history
Line of credit
A revolving credit line you draw from when you need it. Built for seasonal gaps and unexpected costs.
- Draw only what you need
- Reuse as you repay
- A cash-flow safety net
Construction & trades financing FAQ
Can contractors get funding while waiting on invoices?
Yes. Working capital funding is often used to cover materials and payroll while client payments are pending.
Do trades like plumbing, electrical and HVAC qualify?
Yes, if the business is in Canada with 6+ months in operation and $10,000+ monthly revenue.
Is a line of credit good for contractors?
Often, yes. A revolving line of credit from $7,500 to $125,000 suits recurring timing gaps between costs and payments.
Funding for construction & trades
Send a 2-minute request and get a same-day introduction.