Answers
Yes. Interac e-Transfers, EFTs and cheques deposited to the business account are read as revenue, just like card settlements. This is one reason revenue-based financing suits many trades and service businesses that do not take many card payments. What matters is that the money is clearly from customers and arrives in the business account.
✓ Checking what you qualify for does not affect your credit score.
Yes. Interac e-Transfers, EFTs and cheques deposited to the business account are read as revenue, just like card settlements. This is one reason revenue-based financing suits many trades and service businesses that do not take many card payments. What matters is that the money is clearly from customers and arrives in the business account.
Key facts
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A merchant cash advance traditionally relied on card sales, because the holdback was collected through the card processor. Revenue-based financing and deposit-based advances read all business deposits: Interac e-Transfers from customers, EFT payments from commercial clients, cheques and card settlements.
What matters is that the money arrives in the business account and can be tied to business activity.
If your question is about your own file rather than the general rule, the fastest route to a specific answer is a review. Send a signed application and your last four months of business bank statements, mention this question in a note, and the response will address it directly. You can also call (305) 384-8391 and ask before applying; there is no cost to ask.
Ask customers to include an invoice number or job name in the e-transfer message, and deposit everything to one business account. When a reviewer can match deposits to work you did, the file moves faster and the amount is easier to support.
Avoid moving money back and forth between your own accounts, because transfers between accounts you own are not revenue and are removed from the count. If a large client pays by EFT once a month, mention it in your application so the timing is understood.
Reviewed by the Merchant Fund Express team on October 12, 2026. Official pages checked as of that date.
No, not for deposit-based reviews.
Typically by pre-authorized debit from the business account.
No. They are not revenue.
Educational information only. It is not legal, tax or accounting advice.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
