Province

Business funding in New Brunswick: local context and the arithmetic.

How funders read a file from New Brunswick: the sectors that matter, the seasonality, and an example in Canadian dollars.

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The New Brunswick business landscape

Canada's officially bilingual province, with forestry, fisheries, energy and a strong service sector in Moncton, Saint John and Fredericton.

Forestry and wood products
Fisheries and aquaculture
Energy and refining
Logistics and retail in Moncton
Tourism and the Bay of Fundy

Seasonality and cash flow

Summer tourism and fishing seasons set the rhythm for much of the coastal economy, and forestry operations adjust around spring thaw.

Business environment

The harmonized sales tax applies. Federal services operate in both English and French, and many local businesses serve customers in both languages.

An example in New Brunswick

Illustrative arithmetic

A Moncton contractor deposits $55,000 a month and wants $25,000 for a truck and tools. At a 1.25 factor the payback is $31,250, a $6,250 cost, repaid weekly over about 22 weeks.

Every figure on this page is illustrative arithmetic in Canadian dollars. It is not an offer, a quote or a promise of approval.

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.

Common questions

Which sectors matter most in New Brunswick?

The ones businesses here name most are: forestry and wood products; fisheries and aquaculture; energy and refining; logistics and retail in moncton; tourism and the bay of fundy. Funders read deposits against that mix.

How does seasonality show up in New Brunswick?

Summer tourism and fishing seasons set the rhythm for much of the coastal economy, and forestry operations adjust around spring thaw..

What should a New Brunswick owner mention in an application?

Your sector, how deposits behave across a full year and any one-off deposits. The harmonized sales tax applies.

Do I need to be incorporated?

No. Sole proprietors and partnerships with a business account are reviewed, in New Brunswick as elsewhere.