City guide
What Burlington's economy runs on, how that shows up in a funding file, and the steps to apply remotely.
✓ Checking what you qualify for does not affect your credit score.
Yes. Businesses in Burlington, Ontario can apply for a merchant cash advance, a business cash advance or revenue-based financing, and the application is reviewed on the same terms as anywhere else in Canada. Burlington is a city of 186,948 residents (2021 Census), grown from 183,314 in 2016.
Locally, retail employs the biggest share of private-sector workers (12.0% of the labour force), and that mix is what a funder reads in the bank statements.
Data: 2021 Census Profile, Statistics Canada.
A prosperous lakeside city with professional services, healthcare, light industry and strong retail.
Burlington combines established professional services, healthcare and light industry along the QEW with a lively lakefront downtown. Its businesses tend to have steady, predictable revenue, which reads well in a deposit-based review.
Clinics and service firms show steady deposits that support straightforward requests.
Here is where Burlington residents work, by private-sector industry, compared with Ontario as a whole:
| Industry (NAICS) | Burlington | ON |
|---|---|---|
| Retail trade | 12.0% | 11.1% |
| Professional, scientific and technical services | 11.4% | 9.5% |
| Health care and social assistance | 11.1% | 12.0% |
| Manufacturing | 9.0% | 9.1% |
| Construction | 6.1% | 7.5% |
| Wholesale trade | 5.3% | 3.4% |
The sector that sets Burlington apart is wholesale and distribution, at 1.6 times its weight across Ontario. That concentration shows up in deposit patterns, from contract payments to seasonal peaks.
The way Burlington customers pay points to the structure:
Read next: Retail, Grocery stores, Professional services, IT services, Medical clinics.
Revenue follows invoices for engineering, design and IT work. Payment can lag work by 30 to 60 days. Cold months shift Burlington work indoors and pause outdoor projects.
Steady year-round with summer lakeside tourism lifting downtown.
Time a request before the busy season, not in the middle of the slow one.
A building-supply wholesaler in Burlington with about $200,000 in monthly deposits takes $110,000 to take a supplier's volume discount at a 1.22 factor rate, for a total payback of $134,200 over about 10 months. That works out to roughly $3,099 a week, or about 7% of monthly deposits; the cost is fixed at $24,200 however quickly it is repaid on schedule.
For illustration; terms differ by funder. Run your own figures in the calculators.
Public and private funding can work together: approved projects in Burlington sometimes use an advance until the program pays (details).
Nobody needs to visit an office: we have none in Burlington. You apply online and talk to a specialist by phone or email.
Around $20,000 a month in deposits is where many Canadian files begin. Time in business of about a year, with limited negative days, is typical. A 500 score can work, though 600+ opens more doors. None of this is guaranteed and it varies by funder. Documents are light: application and recent bank statements. Start here, or phone (305) 384-8391.
Closest guides to Burlington, as the crow flies: Oakville (14 km), Milton (15 km), Hamilton (15 km), Township of Hamilton (15 km), Clearview (19 km).
See the Ontario guide for the full provincial list.
Yes. Owners in Burlington apply online and are reviewed on the same criteria as the rest of Ontario.
Statistics Canada reported 186,948 residents for 2021 (183,314 in 2016).
By jobs: retail first, then professional services and health care. Relative to the province, wholesale and distribution is the standout.
FedDev Ontario. It funds projects; for working capital, private funding moves faster.
No. We work remotely; there is no local office in Burlington, and none is needed.
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.
