Financing for small businesses in the Skilled Trades Industry
Electricians, plumbers, general contractors, are some examples of businesses that we work with the in Skilled Trades Industry. 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 to help balance the inherent ebbs and flows throughout the year.
This is where our Term Financing and Line of Credit can help support businesses with their daily operational costs as well as ongoing growth. Unlike regular, rigid business loans, Merchant Growth small business financing provides additional convenience, with repayments then made on a daily or weekly basis.
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 have seen customers from the skilled trade industry use their financing for many different reasons such as the below:
- Bill payments
- Hiring
- Purchase or lease of new equipment
- Marketing campaigns for the slow season
- Planning and/or designing a new project
Small business funding minimum requirements
Merchant Growth offers small business funding options with minimum eligibility requirements:
Location
Canada
Monthly Revenue
$ 10K
Time in Business
6 months
How does it work?
STEP 1
Complete Application
You can choose to give some details either through the online application or over the phone, and it will only take you 5 minutes.
STEP 2
Review Options
Our team will reach out and work with you to determine the best solution.
STEP 3
Get Funds
Receive your funds in as fast as 24hrs after approval.
Get started today
Complete our online application and we’ll contact you to present financing options tailored to your business needs.
