What is trucking business funding?

Trucking business funding provides working capital for trucking companies and owner operators to manage operational expenses such as fuel, repairs, payroll, and equipment costs.

How quickly can trucking companies receive funding?

Many trucking companies can receive approvals quickly, with funding available shortly after approval depending on the application and financial information provided.

Can owner operators qualify for trucking funding?

Yes. Owner operators with consistent freight revenue and an active business bank account may qualify for working capital funding.

Is trucking funding the same as freight factoring?

No. Freight factoring involves selling invoices to receive early payment. Working capital funding provides capital without assigning invoices to a factoring company.

Merchant Cash Advance for Construction Companies Canada

Banks are in the
business of protecting
their own backsides

You win the contract. You mobilize the crew. You front the materials. Then you wait.

Forty-five days. Sometimes sixty. Sometimes ninety, if the client's approval chain moves slowly or a change order goes into dispute.

In the meantime, payroll runs every two weeks. Suppliers want payment in thirty days. Insurance, equipment, and overhead do not pause because your receivables are sitting in someone else's accounts payable queue.

This is not a cash flow management problem. It is a structural feature of the construction industry that makes even profitable businesses feel perpetually broke. The Canadian Construction Association has documented it. The CFIB reports it annually. And every contractor reading this has lived it.

This page explains how a merchant cash advance from 2M7 closes that gap, what it actually costs, how fast you can access it, and whether your business qualifies. No financial jargon. No bait-and-switch. Just the information you need to make a clear decision.

What Is a Merchant Cash Advance for Construction Companies?

A merchant cash advance (MCA) is working capital that a direct funder advances to your business in exchange for a percentage of your future daily deposits. You receive a lump sum now. You repay it automatically over time, as a portion of what your business earns, not according to a fixed monthly payment schedule that ignores what your bank account actually looks like.

For construction companies specifically, this means you can access capital to fund a project start, cover payroll while a large invoice ages, or replace a piece of broken equipment, and repay it at a pace tied to real incoming revenue. With the flex payment option, when cash flow slows because a client is running late, repayments slow down too. That is because payments are tied to actual deposits, not a fixed schedule.When a large payment lands, you pay it off faster.

It is not a bank loan. There is no interest rate, no compounding charges, and no collateral requirement. And unlike a line of credit that takes weeks to establish, 2M7 can put funds directly into your business account within 24 hours of approval.

Compare to other merchant cash advance options

Banks are in the
business of protecting
their own backsides

Why Banks Keep Saying No to Construction Companies?

Banks were not designed for the construction business model. Their credit tools were built around steady monthly revenue, long asset histories, and clean balance sheets, three things that growing construction businesses rarely have in the same column at the same time.Here is why bank financing consistently fails contractors at the moment they need it most:
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Project-Based Revenue Looks Wrong to a Bank Algorithm

Construction revenue does not arrive in predictable monthly deposits. It arrives when a project milestone is hit, when a holdback gets released, when a client finally processes your invoice. That lumpy deposit pattern triggers risk flags in bank underwriting systems designed for restaurants and retailers, not subcontractors billing on a percentage-completion basis.

A contractor with $90,000 in monthly average revenue and three months of minimal deposits while mobilizing two large projects will look like a declining business to an automated underwriting system. To anyone who knows construction, they look like a company in growth mode.
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Collateral Requirements Exclude Most Sub-Trades and Smaller GCs

Bank business financing typically requires collateral: real estate, equipment with a clean title, or personal assets. If you are a subcontractor, a specialty trade, or a contractor under five years old without significant property, you often do not meet the collateral threshold. The bank turns you away for not having assets, even when you have a full contract pipeline.
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Approval Takes Weeks. Projects Do Not Wait.

A bank business loan or line of credit establishment typically takes three to eight weeks from application to funding. That timeline is incompatible with construction realities. Materials are needed before the project starts. Crew is engaged before the first invoice is out. A three-week bank approval timeline is a three-week delay to the project, which has real dollar costs.
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Credit Score Decisions Miss The Full Picture

Banks weight credit scores heavily in their initial screening. A contractor with a 620 score and $80,000 in monthly consistent revenue will often be declined at stage one, before any human has looked at their actual business performance. 2M7 evaluates the real business, not just the score. Monthly revenue, time in operation, contract pipeline, and cash flow patterns all factor into the decision.

According to the Canadian Federation of Independent Business (CFIB), access to financing is cited as a significant barrier to growth by more than 40% of small businesses in Canada. For construction companies, the barriers are compounded by the sector's project-based revenue structure, which traditional lenders are poorly equipped to evaluate.
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The Construction Cash Flow Gap, Explained

Before a contractor collects a dollar from a client, they have already paid out a significant portion of the project budget. This is not optional and it is not a cash management failure. It is how construction works.

Cost Category	When You Pay It	When Client Pays You
Labour and payroll	Weekly or bi-weekly	Net 30 to Net 90
Materials and supplies	Before or at project start	Net 30 to Net 90
Equipment costs	Ongoing throughout the project	Net 30 to Net 90
Subcontractor payments	As their work is completed	Net 30 to Net 90
Statutory holdback (10%)	Released after substantial completion	60+ days post-completion

Every row in that table represents money leaving your account before money comes in. On a $400,000 project, the total outlay before the first real payment arrives can run $150,000 to $200,000. A contractor carrying two or three projects simultaneously is managing this gap across multiple fronts at once.

The Business Development Bank of Canada reports that timing differences between expenses and revenue collection are the primary cash flow challenge for construction companies, ahead of material costs, labour, and financing rates. You are not managing this problem poorly. You are managing a structurally difficult industry.

Compare to other merchant cash advance options

Banks are in the
business of protecting
their own backsides

How the 2M7 Merchant Cash Advance Works

The process is direct, fast, and built for business owners who do not have time for a 40-page application. Here is exactly what happen sfrom your first inquiry to funds in your account.
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1. Apply online or by phone.

The application takes under 10 minutes at 2M7.ca or by calling 1-844-543-9639. You submit three months of business bank statements, a void cheque, and basic business information. No financial statements. No business plan. No asset appraisals.
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2. A 2M7 rep calls you, usually the same day.

A real person reviews your file and calls you. Not an automated response. Not a form letter. A funding rep who can ask questions and understand what your business actually looks like.
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3. Approval decision within 1 business day.

2M7 maintains a 94% approval rate, the highest published rate of any direct funder in Canada. Bad credit does not automatically disqualify you. Revenue, business history, and cash flow patterns all factor into the decision.
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4. You review your offer in full.

The cost of capital is stated completely and clearly before you sign anything. ONe number, no surprises in the fine print. No fees that appear after signing.
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5. Funds deposited directly into your account within 24 hours.

2M7 is a direct funder, not a broker. The money comes from 2M7 to you. No middle man. No additional delay waiting for a third party to release funds.
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6. Repayment stars automatically, at a pace tied to your revenue.

You choose between fixed or flex payments. Either way, you know exactly what you signed up for before the money arrives.

What Construction Companies Use 2M7 Working Capital For

There are no restrictions on how you use your advance. The money is in your account and it works for whatever your business needs. Construction companies typically use 2M7 funding for:

Materials	Front the cost of supplies, lumber, steel, concrete, or specialty materials before a project starts or before the client payment arrives.
Payroll	Cover crew wages when a large invoice is delayed, a client pushes payment, or you are carrying labour costs across multiple active projects.
Equipment repair	Get a broken machine fixed the same week without waiting for bank financing approval. Projects do not pause for equipment procurement timelines.
Equipment purchase	Fund a down payment on a new piece of equipment without tying up a credit facility or pledging real estate as collateral.
Bonding and insurance	Cover insurance deposits, bonding costs, or licence renewals required to secure new contracts.
Hiring	Bring on additional crew or trades for a large project without waiting for the first progress payment to cover the labour cost.
Overhead bridge	Cover fixed costs (insurance, lease, management salaries) during a seasonal slow period or while mobilizing for a new project.
Growth	Bid on bigger work. Front the mobilization costs for a contract that would otherwise sit out of reach, then use the revenue to fund the next one.

Compare to other merchant cash advance options

Merchant Cash Advance for Construction Companies in Canada

Banks are in thebusiness of protectingtheir own backsides

What Is a Merchant Cash Advance for Construction Companies?

Banks are in thebusiness of protectingtheir own backsides

Why Banks Keep Saying No to Construction Companies?

The Construction Cash Flow Gap, Explained

Banks are in thebusiness of protectingtheir own backsides

How the 2M7 Merchant Cash Advance Works

What Construction Companies Use 2M7 Working Capital For

Banks are in the
business of protecting
their own backsides

Banks are in the
business of protecting
their own backsides

Banks are in the
business of protecting
their own backsides