Construction
& Contractor Financing
Banks avoid construction because they don't understand project cycles, payment gaps, or heavy equipment needs. lendflo does. Equipment, project working capital, expansion — fast decisions, bad credit considered.
Decision
Fast
Amount
$10K–$5M
Min. Credit
500+
Why Contractors Choose lendflo
Why Canadian Contractors Need Financing
Heavy Equipment Purchase
Excavators, loaders, dump trucks — equipment is the collateral. 0% down available on select products. New and used qualify.
Project Working Capital
Subcontractors pay 30–60 days after delivery. Cover materials and labour upfront with short-term project financing.
Fleet Expansion
Add vehicles and equipment to take on more contracts. Structure repayment around incoming contract payments.
Construction Materials
Steel, concrete, lumber, specialty materials — advance on materials for larger jobs without waiting for client milestone payments.
Bad Credit Considered
Construction is labelled high-risk by banks — declines are common. lendflo focuses on revenue and contract history. Scores from 500+ considered.
Ontario & BC Construction Booms
Ontario and BC contractors get priority access — driven by record construction volumes in the GTA and Metro Vancouver.
Construction Equipment Financed
The equipment itself is the collateral — no real estate or personal assets required. New and used qualify. CCA (Canada's capital cost allowance) deduction applies.
The Payment Gap Problem
Canadian contractors face 30–60 day payment terms after delivery — but pay for materials and labour upfront. This cash flow gap kills profitable projects.
You win the contract
Materials cost $80,000
You pay suppliers now
Client pays in 45 days
lendflo bridges the gap
Project working capital quickly
Contractor Financing Products
Heavy Equipment Financing
$10K – $500K
Term: Up to 84 months
Excavators, trucks, trailers, cranes. Equipment is the collateral. 0% down available. CCA deduction applicable.
Project Working Capital
$5K – $250K
Term: 3–18 months
Cover materials and labour between project milestones. Structured around project cash flow timing.
Contractor Term Loan
$25K – $2M
Term: 6–60 months
Business expansion, additional equipment, acquiring a subcontractor, or general capacity growth.
Accounts Receivable Financing
$50K – $5M
Term: Receivables-based
Use your unpaid invoices as an asset. Ideal for contractors with strong government or commercial contracts.
FAQ — Construction Financing Canada
We’re here to simplify your business financing journey, so you can feel confident every step of the way.
Apply free through lendflo. Receive competing offers quickly. Requirements: registered Canadian construction business, 6+ months operating, $10K+/month revenue. Funded quickly.
Virtually everything: excavators, loaders, dump trucks, trailers, compressors, cranes, scaffolding. New and used qualify. Equipment is the collateral.
lendflo project working capital covers materials and labour before the client pays. Short-term loans (3–18 months) structured around project milestone timing.
Yes. Construction is considered high-risk by banks — declines are common. lendflo focuses on revenue and contract history. Credit scores from 500+ considered. Equipment financing is particularly accessible.
Yes. Ontario and BC are lendflo's two highest-volume construction markets — driven by residential boom in GTA and Metro Vancouver. lendflo serves contractors province-wide in both provinces.
Yes. Quebec has the highest construction sector per capita in Canada. lendflo finances Quebec contractors in both English and French — equipment, project working capital, and term loans available across the province.
Still have questions?
No obligation, just answers.
Construction Capital, Fast
Apply free. Soft credit check only. Competing offers quickly. Funding quickly.
Equipment businesses commonly finance
If it earns money for the business and can be quoted, it can usually be financed.
- Trucks, trailers and vehicles — new or used, for one truck or a fleet.
- Construction machinery — excavators, loaders, skid steers and tools.
- Restaurant and kitchen equipment — ovens, dishwashers, refrigeration and point-of-sale systems.
- Medical and dental equipment — for clinics and practices.
- Farm machinery — tractors, combines and irrigation.
- Manufacturing machinery — production lines and specialized tools.
People also ask
It depends on revenue, time in business, credit and the product. Through lendflo, term loans run from $25,000 to $2,000,000, equipment financing from $10,000 to $500,000 and working capital from $5,000 to $250,000. Lenders size an offer to what your revenue can repay.
Through lendflo, most applicants get a fast decision, and funds typically arrive shortly after approval. Speed depends on the lender and on how complete your documents are, so have recent bank statements ready before you apply.
Most lenders ask for three to six months of business bank statements, your business registration, identification, and the amount and purpose of the loan. Equipment loans add a supplier quote, and larger amounts may need recent financial statements or tax filings.
There is no single cutoff. Banks usually want good credit, while alternative lenders in lendflo’s network consider scores from 500 and weigh revenue and cash flow heavily. A higher score generally means better terms, so check your credit report for errors before you apply.
Terms explained
What is equipment financing?
Equipment financing is a loan or lease used to buy business equipment such as vehicles, machinery or technology. The equipment itself usually serves as the lender’s security, which makes approval easier and can keep the down payment low. Through lendflo it runs from $10,000 to $500,000, with terms up to 84 months.
See in the glossaryWhat is working capital?
Working capital is the cash a business uses for day-to-day costs such as payroll, rent, inventory and supplier bills. A working capital loan bridges the gap between paying those costs and getting paid by customers. Through lendflo it is based mainly on recent revenue rather than collateral.
See in the glossaryWhat is a business line of credit?
A business line of credit is a revolving credit limit: you borrow what you need, repay it, and borrow again, paying interest only on the balance you use. It suits ongoing swings in cash flow better than a one-time purchase, which a term loan handles better.
See in the glossaryTopic guide
Part of the guide: Financing by industry
How financing works for restaurants, trucking, construction, farms, clinics, retail, manufacturing and tech.