Working capital
Payroll lands on the 15th and the big customer pays on the 45th. Working capital funding covers that gap without selling equity or pledging property.
✓ Checking what you qualify for does not affect your credit score.
Size the request to the gap, not to the maximum. A smaller advance repaid quickly usually costs less in dollars than a large one held for a year.
A landscaping company in Ottawa needs $25,000 for spring equipment and seasonal payroll before invoices start landing in May. Deposits in the last four months averaged $38,000. The ask is about two-thirds of one month of deposits, which keeps the payment manageable.
Put the next 13 weeks on one page: expected deposits by week and fixed costs by week, with payroll and tax remittances marked. The lowest cumulative point is the amount you need to bridge. Adding a small buffer gives the request. This method replaces guessing with a number you can defend to a funder and to yourself.
Revisit the calendar each week. If the gap moves, the request can too.
Working capital funding is for timing gaps. If the underlying problem is chronic losses, more money does not solve it. Reviewing pricing, costs and customer terms is often more valuable than a bigger facility. A short consultation with an accountant can reveal where the leaks are.
Ask for the gap you can name in dollars. A common mistake is asking for the maximum and paying for money that sits unused.
A merchant cash advance fits quick, short-horizon needs. Revenue-based financing fits when the payment should ease in slow months.
Yes. Payroll is one of the most common uses.
Educational information only. It is not legal, tax or accounting advice.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
