Invoice Funding for Smaller Businesses
Your work is done, and your customers pay in 30+ days. Provida Express funds the invoices you send to business customers, so you don't have to wait. For Canadian businesses whose financing needs fall outside traditional bank criteria.
- Facilities from $30,000 to $100,000Sized to your invoices and the customers behind them.
- Quick to get startedTell us about your business in a few minutes. A person calls you within one business day.
- Clear pricingYou see the full cost before any invoice is funded.
- Canada-wide, outside QuebecBacked by Provida's 10+ years of lending to Canadian businesses.
From First Call to Funded
Tell Us About Your Business
A few minutes, no documents needed yet.
Talk with Our Team
A person from Provida calls you within one business day and asks for the documents we need.
Set Up Your Facility
If it is a fit, we walk you through onboarding and set your facility around your customers.
Fund Your Invoices
Send us an invoice and we advance most of its value. When your customer pays, we send you the balance, less our fee.
Smaller Businesses That Invoice Other Businesses
Provida Express is for businesses that have done the work and are waiting on corporate clients, property managers, institutions or producers to pay.
It suits staffing agencies, security, cleaning and facility service companies, IT and professional services firms, oilfield service companies, and transportation and logistics businesses.
What We Look For
- Registered in Canada, outside Quebec
- Operating for at least 12 months
- Invoicing other businesses, not consumers
- CRA remittances up to date
Provida Express, Explained
What kinds of invoices do you fund?
Invoices for work you have completed for other businesses, such as corporate clients, property managers, institutions and producers. We do not fund invoices to consumers.
What do I need to get started?
A few minutes to tell us about your business. When we call, we will ask for a few documents, such as your receivables aging and some sample invoices.
Will my customers know?
Yes. Your invoices tell your customers to pay a Provida account. It is a standard arrangement and we handle it professionally.
What does it cost?
One fee, based on the invoice amount and how long the invoice is outstanding. There is no long-term contract, and you see the full cost before any invoice is funded.
Who qualifies?
Canadian registered businesses outside Quebec, operating for at least 12 months, invoicing other businesses, with CRA remittances up to date.
What if I need more than $100,000?
Our invoice factoring facilities run up to $5,000,000 for established mid-market companies.
See What Your Invoices Could Fund
Tell us about your business. A member of our team will contact you within one business day.