Situation

Business funding with cross-border revenue: how it is read and what helps.

US revenue counts when it reaches the business account; currency is read too.

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

Does U.S. revenue count for Canadian business funding?

Short answer: Yes, when it reaches the business account. Canadian businesses selling into the United States may receive U.S.-dollar payments into a U.S. account or have them converted to Canadian dollars, and the review reads both. Statements for every account, stable U.S. customers and a note on how you handle currency help.

Key facts

Send statements for U.S.-dollar accounts too
Currency swings are read as a factor
Stable U.S. customers strengthen the file
Explain conversions and transfers

How this is read

US revenue counts when it reaches the business account; currency is read too.

Canadian businesses selling into the United States may receive US-dollar payments into a US-dollar account or converted into Canadian dollars. The review reads both.

What helps

Statements for all business accounts, including US-dollar accounts
Stable US customers
A note on currency handling
Clear export documentation

What hurts

US revenue held outside Canada
Sharp currency swings without planning
Tariff-driven order declines

A sensible plan

Include every business account and explain the currency mix and any tariff effects.

Illustrative arithmetic

A manufacturer exporting to the US depositing about $120,000 a month asks for $40,000 for materials. At a 1.2 factor the payback is $48,000, a cost of $8,000. Over roughly 6 months that is about $381 per business day, or close to 7% of monthly deposits.

Total payback: $48,000.
Cost: $8,000.
Payment: about $381 per business day, 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.

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.

One more thing that helps

A short note showing the share of revenue from the US and how you manage currency risk answers the main questions.

What to prepare

Statements for all accounts, including US-dollar
Share of revenue from the US
How you manage currency

Exchange rates can make the same US sales look larger or smaller in Canadian dollars from month to month; a note prevents misreading. If US customers pay into a US account outside Canada, move the funds into a Canadian business account so they are visible.

Talk it through

Merchant Fund Express reviews Canadian businesses in every province and territory. If you would like a specific answer for your business rather than general guidance, send a signed application and your last four months of business bank statements, or call (305) 384-8391 first to ask a question.

An example

Example: a Windsor parts supplier depositing $40,000 Canadian and US$30,000 a month into two accounts sends both; its total revenue is read in Canadian dollars at current rates.

Sources and review

Export Development Canada

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

Common questions

Does US-dollar revenue count?

Yes, when it reaches a business account.

Are tariffs a concern?

They are read if they affect orders.

Which currency is the advance in?

Canadian advances are in Canadian dollars.