Win the bigger job without draining the account that runs payroll.
Equipment and working capital financing for Canadian contractors. One application, an experienced advisor, and lenders that expect draws and holdbacks.
Lenders in these industries underwrite from your deposits. That's why our first questions are about revenue, not your credit score.
Money for the things that grow the business.
Mobilize the bigger job
Materials, deposits and crew costs land weeks before the first progress draw does.
Carry payroll through holdbacks
Holdbacks tie up money you've already earned. Keep your crew paid while it clears.
Excavators, skid steers and trucks
Finance the machine against itself and let it pay its way on the job.
Run a second crew
Tools, a vehicle and working capital to run two jobs at once.
What construction lenders do most.
Your advisor knows which lenders are strongest for each one and will bring you the options that fit.
Equipment financing
Buy machines, vehicles and tools. The equipment itself secures the financing.
Best when: You know exactly what you're buying.
Term loan
A lump sum repaid in fixed payments over a set term.
Best when: A one-time project, expansion or acquisition.
Line of credit
Draw what you need, repay it, draw again. Interest only on what you use.
Best when: Seasonal swings and uneven cash flow.
Lumpy revenue makes the bank nervous.
Lenders that fund construction expect draws and holdbacks. They read your deposits across the season, not one slow month.
If this sounds like you, you're a fit.
We'd rather tell you up front than waste your time.
- Registered construction business in Canada, outside Quebec
- Operating for at least 12 months
- At least $20,000 in average monthly revenue
- Looking for $10,000 or more for a specific purpose
Guides for construction owners.
Equipment financing vs. leasing in Canada: which is right for you?
Buy it with a loan or lease it? The right answer depends on how long you'll keep the equipment, your cash flow and your tax picture.
ConstructionHoldbacks and prompt payment: closing the contractor cash gap
Holdbacks and payment cycles can leave profitable contractors short on cash. Here's how Ontario's rules work and how to finance around the gap.
Before you apply.
Does checking my options affect my credit?
No. Our questions don't involve a credit check. If you decide to move forward, your advisor or lender will ask for your consent before running one.
Who sees my information?
One funding advisor, chosen for your industry and request. They share it with lenders only to get you offers. We never sell your application to a list or to several companies at once.
What does it cost me?
Nothing from us. Straightline doesn't charge borrowers; advisors pay us for introductions. Some advisors charge a fee or are paid by the lender. Yours will tell you how they're paid before you move forward.
What will my advisor ask for?
Usually your last 3 to 6 months of business bank statements, basic ownership details and what the funds are for. Having statements ready is the fastest way to get offers.
One application. An advisor who knows construction.
See what your business qualifies for in about 3 minutes.