Struggling with CRA arrears, bad credit, or seasonal cash flow gaps? EBF’s invoice factoring delivers fast, flexible SMB financing for businesses across Canada, without the wait, red tape, or high credit score requirements of traditional lenders.
Not every strong business gets a fair shot at financing. You’ve likely seen it firsthand: companies with stable income and growing sales still being rejected by banks.
Why? Often it’s due to low credit scores, CRA tax debt, or lingering financial effects from COVID-19. These setbacks don’t reflect a company’s current performance, but unfortunately, traditional lenders still treat them like dealbreakers.
At Express Business Funding (EBF), we know that a business is more than its past. That’s why our invoice factoring solutions prioritize real-time revenue and cash flow, not rigid scoring models or outdated tax returns. We help small and medium-sized businesses access the working capital they need to grow, recover, and thrive, even when traditional financing fails.
Key Takeaways
- Immediate working capital: Convert unpaid invoices into cash flow fast.
- No focus on credit scores: EBF evaluates steady revenue, not just FICO ratings.
- Same-day funding: Approvals in hours, cash in your account quickly.
- Support for CRA arrears: Customized options even for businesses with tax challenges.
- Long-term client support: Assisting both business owners and financial professionals with ongoing support.
Why Traditional Financing Fails Businesses
Traditional banks follow lending rules that rarely reflect the reality of how small businesses operate today, especially post-pandemic. Many businesses are still recovering, and even those showing healthy growth get declined.
Common Challenges for Canadian Businesses:
- High credit score requirements: Many lenders require FICO scores above 700. But for businesses that experienced COVID-related revenue drops, late payments, or CRA debt, these scores can take years to recover, despite strong current performance.
- Heavy collateral and documentation: If your business doesn’t own property or have clean, multi-year tax returns, you may struggle to meet underwriting requirements.
- Slow approvals: Banks often take 30–90 days just to respond. In that time, your opportunity to restock inventory, hire, or take on new contracts could disappear.
- Post-COVID struggles: A 2024 study found 60% of businesses still face cash flow issues.
- Overlooking real-time success: Traditional lenders ignore consistent sales or receivables in favor of past tax records or debt history.
- No flexibility for seasonal businesses: Companies with fluctuating revenue patterns (like construction or staffing) often get declined for being “too inconsistent,” even if they’re consistently profitable.
- CRA arrears disqualify you: Even with an active repayment plan, many traditional lenders see tax debt as too risky.
These limitations leave strong businesses behind, unable to grow, recover, or stabilize operations due to lack of fast, alternative financing solutions.
How EBF’s Invoice Factoring Works
EBF flips the script by offering invoice-based funding options tailored to actual business performance, not just financial history.
Our Flexible Approach:
- Revenue-based evaluation: We review your bank statements to verify steady cash flow and deposit activity.
- No hard collateral required: Factoring doesn’t require assets, appraisals, or audits.
- CRA arrears? No problem: If you’ve got a payment plan in place, it’s not a dealbreaker. We work with businesses facing tax debt every day. If you don’t have a payment plan, we can help you establish one.
- Fast funding: After applications are approved and facilities are in place, funding can happen within 24 business hours.
- Simple application process: Our application process is designed to be simple and quick, allowing us to get to work on your funding as soon as possible.
- Customized funding: Our team tailors factoring limits to fit your business cycle, seasonality, or growth stage.
💡 Learn more about our SMB financing process and how we support business recovery in Canada.
Benefits for SMBs and Financial Professionals
For Business Owners:
- Instant cash flow: Cover payroll, restock inventory, or expand operations without delays.
- No debt added: Factoring isn’t a loan, your balance sheet stays clean.
- Adaptable to challenges: We help businesses with seasonal revenue or CRA arrears access cash flow without penalties.
For Financial Professionals:
Explore how our invoice factoring solutions drive value for brokers and business owners alike.
Industries EBF Supports
We understand that cash flow challenges don’t discriminate by industry. EBF offers cash flow solutions for Canadian businesses across multiple sectors:
- Construction: Access upfront funding for labor, permits, and materials, without waiting on long project payment cycles.
- Contractors & trades: Get upfront capital for materials, equipment, or labor without waiting for suppliers to pay their invoice.
- Wholesale & Distribution: Bridge the gap between supplier payments and customer receivables to keep inventory moving.
- Manufacturing: Access funding for supply chain costs, equipment upgrades, or large-volume orders.
- Telecommunications: Secure working capital to cover infrastructure upgrades or service expansion while waiting on client payments.
- Staffing Agencies: Cover payroll for contract workers while waiting for receivables from client companies.
No matter your industry, we designed our flexible funding to tap into every growth opportunity, fast.
If your business is hitting growth targets but hitting walls with traditional lenders, invoice factoring could be your best next move.
At EBF, we prioritize steady revenue and cash flow trends, not outdated credit metrics. Our alternative lending solutions are designed to support post-COVID business financing, help companies overcome tax arrears, and create opportunities for SMBs across Canada.
Whether you’re a contractor preparing for a big job, a retailer gearing up for the holidays, or a broker looking for business funding with bad credit alternatives, EBF delivers.
✅ Ready to unlock fast working capital?
📞 Contact EBF now to access fast funding for your business.
Explore our full suite of receivables-based financing solutions and turn your invoices into opportunity, without the red tape.
