Industry

Moving companies funding in Canada: what funders actually read.

The deposit patterns, seasonality and timing that decide how funders read a file from a Canadian business in moving companies.

Apply Now Do I Qualify?

✓ Checking what you qualify for does not affect your credit score.

How can a Canadian moving company get funding?

Short answer: Movers earn heavily in summer and at month-end, with July 1 a defining day in Quebec, while trucks, fuel and crews are the main costs. Funders read seasonal peaks, fuel and maintenance, payroll and insurance. Common uses are an extra truck or crew before summer and repairs, ideally repaid during the peak.

Key facts

Summer and month-end peaks
July 1 is huge in Quebec
Trucks and fuel are the main costs
Fund before summer, repay during it

How funders read moving companies files

Movers earn heavily in summer and at month-end, with trucks, fuel and crews as the main costs.

Seasonal peaks around summer and month-end
Fuel and truck maintenance costs
Crew payroll
Insurance and licensing

The cash-flow rhythm

Summer is the peak, with July 1 a defining day in Quebec. Winter is slower but steady at month-end.

Where the pressure usually shows up

Trucks are expensive and break down under peak load
Crews must be hired before the season
Damage claims arrive without warning

What the money usually does

Trucks
Crew payroll ahead of the season
Equipment and supplies
Storage space

A revenue-share structure follows the seasonal pattern. A short advance suits a truck purchase before summer.

A worked example

Illustrative arithmetic

A residential moving company depositing about $80,000 a month asks for $30,000 for a second truck before the July rush. At a 1.25 factor the payback is $37,500, a cost of $7,500. Over roughly 6 months that is about $298 per business day, or close to 8% of monthly deposits.

Total payback: $30,000 × 1.25 = $37,500.
Cost: $7,500.
Payment: about $298 per business day, or 8% 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.

Before you apply

Show a full year of deposits
List trucks and their condition
Have quotes for a truck or repairs

Typical starting points

Monthly revenueTypically from around $20,000 a month in deposits for Canadian files. The exact line varies by funder and by file.

Time in businessTypically about 12 months. Newer businesses can be reviewed, but the options narrow.

Account healthLimited low-balance or negative days. Funders read the last few months of bank statements for this.

CreditScores from 500 are considered. A score of 600 or higher opens more options and better offers.

DocumentsA signed application and recent business bank statements, typically the last four months.

Existing advancesFiles with an existing advance can be reviewed, including second position.

A typical month, read the way a funder reads it

Movers see deposits cluster at the end and start of each month, with a seasonal peak from May to September. Crews and fuel are paid weekly. A truck breakdown in July is the worst-case scenario. A reviewer reads the seasonal shape and the month-end pattern and sizes payments that are comfortable in slower weeks.

Canadian context

In Quebec, a large share of leases end on July 1, which creates a nationally unusual single-day peak for movers in that province. Movers there often plan an entire year around that date.

Questions a reviewer may ask

How many trucks do you run?
What share of revenue falls in summer?
What would a truck breakdown in peak season cost?

Having one-line answers ready, with the statements, is usually enough to move a file from questions to a decision.

Sources and review

Reviewed by the Merchant Fund Express team on October 12, 2026. Official pages checked as of that date.

Common questions

Is the summer peak a problem?

No. It is predictable and read across the year.

Can I fund a truck before summer?

Yes, sized to repay from the peak.

Do month-end peaks matter?

They explain deposit patterns within each month.