MERCHANT GROWTH INDUSTRY

Skilled Trades

Financing custom built for your business

Financing for small businesses in the Skilled Trades Industry

Electricians, plumbers, general contractors, and more are ideal candidates for our fixed or flex financing because they accept debit and credit from customers but also accept payments by cheque. Financing for these types of business is unique in that business can ebb and flow throughout the year. Unlike regular, rigid business loans, Merchant Growth small business financing allows skilled trades companies to use their credit or debit transactions to pay off financing on a daily basis based on a percentage of sales. We know your sales can be seasonal and sometimes these types of businesses need temporary extra cash to take advantage of staffing, supplies, and more.

How can I use the financing?

Our financing options for companies in the skilled trades industry are flexible and will help your small business grow. We offer both a fixed solution similar to that of regular term loan and a flex solution that works as a merchant advance. We have seen customers from the skilled trade industry use their financing for many different reasons such as the below:

Minimum Requirements

Minimum eligibility requirements for Merchant Growth small business products

Location

Canada

Monthly Revenue

$10K

Time in Business

6 months

How does it work?

STEP 1

Complete Application

Take 5 minutes to provide a few pieces of information — online or on the phone, it’s your choice.

STEP 2

Review Options

Your dedicated financing advisor will reach out and work with you to determine the best solution.

STEP 3

Get Your Funds

Receive your funds into your business bank account in as fast as 24 hours.

Get started today

Complete our online application and we’ll contact you to present financing options tailored to your business needs.