As a commercial construction business owner, you deal with long payment cycles, large material orders, bonding requirements, and the complexity of coordinating multiple stakeholders. If you're looking to finance an upcoming project or bid on larger contracts, a Driven commercial construction loan could be the right fit for you.
In today’s economy, traditional lenders often take weeks to review your project and approve funding. At Driven, we understand the pressures you face and want to be the partner that helps you keep your projects moving and on schedule. We offer up to $500,000 in flexible, easy-to-manage financing designed for commercial contractors like you. With a fast, straightforward application process, you can access the capital you need in as little as 24 hours.
To grow your commercial construction business, you need the financial capacity to pursue larger contracts like office buildings, retail spaces, and multi-unit developments. These projects require significant upfront capital for bonding, materials, and labor before you receive your first payment. Leverage a commercial construction business loan to confidently bid on projects that will elevate your business to the next level.
Commercial clients typically operate on 60 to 90-day payment terms, creating substantial cash flow gaps. You still need to pay your crew, subcontractors, and suppliers while waiting for payment. A business loan ensures you can cover these expenses without the stress of extended receivables putting your business at risk.
Commercial projects demand materials and equipment at an entirely different scale than residential work. Whether you need bulk steel, commercial HVAC systems, or heavy machinery, ensure you have the working capital to stock up and equip your crews properly without depleting your cash reserves.
Every day brings a different challenge and a different opportunity. At Driven, we're here with the funds you need when you need them, whether that's to secure bonding for a major contract, purchase materials at commercial scale, or bridge cash flow gaps while waiting on client payments.
Performance and payment bonds
Subcontractor payments
Commercial equipment purchases
Seasonal working capital
Marketing and business development
Compliance and permitting costs
If your business meets the following basic criteria, our all-digital application process will have us on the way to helping you in minutes.
Time in Business
6 months
Credit Score
600 +
Annual Revenue
$120,000
Location
Canada
Business Bank Account
Required
Validly existing as a corporate entity
Required
Minimum Requirements
What you need to apply
Our all-digital credit application process is quick and easy and typically takes less than 10 minutes. We ask for basic information about you and your business. We ask you to securely connect your online banking information. And as soon as you're done, we'll tell you exactly how much you can borrow - all without hurting your credit score.
When your application is complete, you'll know exactly how much you can borrow, but only you know how much you actually need right now. Make individual draws from within your overall business loan limit, each with their own fixed fees and terms. All pricing is up front, with nothing hidden in the small print.
Choose the repayment schedule that makes sense for your business—from daily, or weekly payments, or pay early to save on interest. Borrow between $10,000 and $500,000 on 3, 4, 6, 9, 12, 18 or 24 month terms, with absolutely no hidden fees.
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