Industry
The deposit patterns, seasonality and timing that decide how funders read a file from a Canadian business in excavation companies.
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Short answer: Excavation firms run heavy equipment on seasonal contracts from spring thaw to freeze-up, billed on progress with statutory holdbacks. Funders read contract revenue, equipment and fuel costs and holdback timing. A short advance suits urgent equipment repairs, fuel and mobilization at the start of the season.
Key facts
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Excavation firms run heavy equipment on seasonal contracts with progress billing.
Ground work runs from spring thaw to freeze-up.
A short advance suits equipment and mobilization.
An excavation and grading contractor depositing about $200,000 a month asks for $70,000 for a used excavator. At a 1.2 factor the payback is $84,000, a cost of $14,000. Over roughly 6 months that is about $667 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.
Excavation revenue starts after spring road restrictions lift and runs until freeze-up. Equipment and fuel costs are heavy. A reviewer reads the season.
Spring load restrictions on many provincial roads limit heavy equipment movement for weeks each year.
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.
Excavation files read best when the owner can connect the equipment request to work already secured. A list of site-preparation and servicing contracts for the season, the expected start dates after road restrictions lift and the operator capacity to run an extra machine turns an equipment purchase from a hope into a plan. Fuel cost swings are also worth mentioning, because they move margin quickly.
Reviewed by the Merchant Fund Express team on October 12, 2026. Official pages checked as of that date.
Yes; road bans can delay work.
Yes.
Yes.
Educational information only. It is not legal, tax or accounting advice.
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