City guide
Census figures, the industries that drive Clarington, local programs and a worked example in Canadian dollars.
✓ Checking what you qualify for does not affect your credit score.
Short answer: a Clarington business can be funded. Merchant Fund Express reviews Canadian files from Ontario for merchant cash advances, business cash advances and revenue-based financing. The 2021 Census counted 101,427 people in the municipality of Clarington, up 10.2% since 2016.
Its largest private employers by sector are health care, retail and construction, which shapes the kinds of files funders see from here.
All figures: Statistics Canada 2021 Census (income figures refer to 2020).
The census labour-force tables show which industries carry Clarington. The biggest private sectors, against the provincial figures:
| Industry (NAICS) | Clarington | ON |
|---|---|---|
| Health care and social assistance | 13.8% | 12.0% |
| Retail trade | 11.3% | 11.1% |
| Construction | 9.9% | 7.5% |
| Manufacturing | 7.0% | 9.1% |
| Professional, scientific and technical services | 6.1% | 9.5% |
| Accommodation and food services | 4.8% | 5.4% |
Compared with the province, Clarington is unusually concentrated in construction (9.9% of jobs versus 7.5% provincially). Local suppliers, trades and service firms often ride the same cycle.
The way Clarington customers pay points to the structure:
Related: Medical clinics, Dental practices, Retail, Grocery stores, Construction.
A broad service economy usually means steady deposits. Expect the usual holiday and back-to-school peaks and a quiet January. Expect a Clarington winter slowdown in construction and a post-holiday dip in spending.
A revenue-linked payment can follow a seasonal curve.
A electrical contractor in Clarington with about $86,000 in monthly deposits takes $69,000 for a vehicle and equipment upgrade at a 1.30 factor rate, for a total payback of $89,700 over about 10 months. That works out to roughly $2,072 a week, or about 10% of monthly deposits; the cost is fixed at $20,700 however quickly it is repaid on schedule.
For illustration; terms differ by funder. Check your numbers with the Canada Funding Readiness Score.
If timing is the issue, see how to bridge a government payment without stalling a Clarington project.
Our team is not located in Clarington. The whole process runs online and over the phone.
Most Canadian approvals begin near $20,000 in monthly deposits. Most also want roughly 12 months of history and steady balances. Scores from 500 are reviewed, and 600 or higher brings better offers. None of this is guaranteed and it varies by funder. Documents are light: application and recent bank statements. Apply online or call (305) 384-8391.
From Clarington, the nearest places with their own guide are Port Hope (19 km), Oshawa (20 km), Whitby (27 km), Cavan Monaghan (29 km), Scugog (35 km).
See the Ontario guide for the full provincial list.
Yes. Being in Clarington does not change eligibility; the bank statements do.
The 2021 Census counted 101,427 people in Clarington, a 10.2% change from 2016.
Health care, retail and construction employ the most people; construction stands out against Ontario.
FedDev Ontario. It funds projects; for working capital, private funding moves faster.
No. We work remotely; there is no local office in Clarington, 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.
