Industry
The deposit patterns, seasonality and timing that decide how funders read a file from a Canadian business in accounting firms.
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Short answer: Funders read an accounting firm's recurring bookkeeping fees as the base and its February-to-April tax-season spike as the peak. Most firms fund seasonal staff and software ahead of tax season, so revenue-based financing that follows the seasonal pattern, or a short advance for a defined purchase, usually fits best.
Key facts
Related: Business Funding by Industry in Canada: 91 Guides · Business Funding Requirements in Canada · Documents Needed for Business Funding in Canada · Revenue-Based Financing in Canada: How It Works · Funding Readiness Score Canada: Free 30-Second Check
Accounting firms earn heavily in tax season and around corporate year-ends, with recurring bookkeeping fees providing a base.
Personal tax season peaks from February to April; corporate year-end work follows client fiscal years; summer is quieter.
Revenue-based financing suits the seasonal pattern; a short advance fits a defined purchase.
An accounting and bookkeeping firm depositing about $90,000 a month asks for $30,000 for staff and software ahead of tax season. At a 1.2 factor the payback is $36,000, a cost of $6,000. Over roughly 6 months that is about $286 per business day, or close to 7% of monthly deposits.
Every figure on this page is illustrative arithmetic in Canadian dollars. It is not an offer, a quote or a promise of approval.
January brings software renewals and seasonal hires, February to April brings heavy billing and May brings collections. Summer is quiet, with bookkeeping fees carrying overhead. A reviewer reads the full year.
Canada's personal tax deadline of April 30, and June 15 for self-employed filers with any balance due by April 30, shapes the year. Corporate filings follow each client's year-end.
Whatever the trade, the review is built on the business's own bank statements: how much arrives, how steadily, what is left after fixed costs and how the account is managed through a slower stretch. A short note that names your busiest and quietest months, any one-off deposits and what the money is for usually answers the follow-up questions before they are asked.
Reviewed by the Merchant Fund Express team on October 12, 2026. Official pages checked as of that date.
No. It is predictable and read across the year.
Practice acquisitions are often structured differently. Ask.
Yes.
Educational information only. It is not legal, tax or accounting advice.
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