Construction Business Loan

Construction Business Loan

As a small construction business owner, you are constantly confronted with the demanding challenges of seasonality, competition, and unforeseen growth opportunities. Learn how getting access to capital can help tackle any situation that might arise.

Construction Business Loan

If you are a small or medium sized construction business looking to finance an upcoming or ongoing project, a Driven construction business loan might be the perfect avenue for you to take. In the current economy, acquiring a construction loan isn’t as simple as it may appear. A traditional lender will typically take weeks to assess the viability of your project, and even longer to determine whether you are eligible for a construction business loan. 

At Driven, we understand the difficulties associated with obtaining funding for a small business, and we want to be the partner that helps you to get the funding to finish your project successfully and on schedule. We offer construction business loans of up to $300,000 with a variety of flexible payment options, providing entrepreneurs with the capital they need to complete their projects properly and in a timely manner. Our application process is quick and easy, allowing you to access the funding you require in as little as 24 hours.

How can a construction business loan help me?

Finance projects

Assuming your intention is to grow your business, then naturally you’ll want to continue taking on larger projects as time goes on. That likely means the associated expenses will also get larger. Maintain consistent growth by leveraging a construction business loan that will allow you to tackle any project, no matter what the size or budget. 

Outsourcing Tasks

Although construction is your area of expertise, and most if not all of the projects can be done by your eternal team, there may be instances where you bring on contractors to complete specific tasks on the job site. Ensuring you have the cash flow to outsource any necessary tasks is important for any entrepreneur. 

Covering unexpected expenses

As you know all too well, the construction industry is not without surprises. Whether it be legal disputes, natural disasters, or unpaid customers, unexpected expenses are no stranger to owners of construction businesses, and must be accounted for.

Interesting facts about the construction industry in Canada

  • The construction industry employs over 1.4 million people in Canada and generates about $141 billion to the economy annually, accounting for 7.5 percent of Canada’s gross domestic product (GDP).
  • During the COVID-19 pandemic, the price of mainstay construction materials rose upwards of 300%. (Journal of Commerce)
  • Gas prices have increased an average of 40 cents in the first quarter of 2021. (Journal of Commerce)
  • In the next decade, an estimated 22% of Canada’s 2019 construction labour force will retire. (On-Site)

How it works


Apply in 3 simple steps and
get pre-approved instantly

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.


Draw what you need, when you need it

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.


Use our support for whatever you need

Choose the repayment schedule that makes sense for your business—from daily, or weekly payments, or pay early to save on interest. Borrow from $5,000 to $300,000 on 3, 4, 6, 9, 12, 18 or 24 month terms, with absolutely no hidden fees.

See if Your business qualifies

Qualification is simple.
No heavy paperwork.

If your business meets the following basic criteria, our all-digital application process will have us on the way to helping you in minutes.

Your business is based in Canada

Your average monthly revenue is at least $3,000

You have been operating for at least 3 months with a dedicated business bank account

What do you need right now?

Every day brings a different challenge and a different opportunity. At Thinking Capital, we're here with the funds you need when you need them, whether that's to seize the moment, to face down business calamities, or to bet on yourself as you take your business to the next level.

Funding the unexpected

Funding the unexpected

Truck broke down? Receivables late? Product stuck on a ship somewhere?

When the unexpected happens (and it will), we’ve got you.
Marketing Funding

Marketing Funding

Got a great product but need to get the word out?

A business can’t grow without putting itself out there. We help you line up your brand, marketing, and ad spend to make that big public splash.
Funding New Projects

Funding New Projects

New products? Channels? Seize-the-moment growth opportunities?

Whether it’s expanding to new locations, audiences, or product lines, we help you invest in growing your business.

We've got you

We're here to make life easier for Canadian small to medium businesses like yours. How can we help you today?