Sources
Every figure, cited.
If a number appears on this site, it has a footnote. If we cannot cite it, we do not use it. Ranges are labelled as ranges. Modelled figures are labelled illustrative on the page.
[1] $450B
Canadian asset-based finance industry assets.
Re-verify before launch
Canadian Finance & Leasing Association (CFLA) industry statistics.
As of / re-verify: Re-verify current CFLA yearbook before launch
Market-scale context, not a Novaline AUM claim.
[2] 40–60%
Share of B2B card transactions that never receive commercial rates.
Industry estimate
Industry estimate. Not an observed Novaline sample.
As of / re-verify: Re-verify before launch
Range, not a point estimate. The fee audit measures the actual share on a given statement.
[3] 48 hrs vs 45 days
Typical card settlement versus contracted B2B terms.
Published
Card-network settlement windows; contracted distributor terms. Wholesale DSO: Hackett Group Working Capital Survey.
As of / re-verify: Hackett — re-verify latest survey year
48 hours is a processing settlement target, not a guarantee. 45 days is typical terms, not median DSO.
[4] 2.4%
Maximum surcharge permitted in Canada.
Published
Visa and Mastercard Canada surcharge rules.
As of / re-verify: 2022-10
Credit cards only. Debit is not surchargeable under the same framework.
[5] Quebec prohibition
Surcharging is prohibited in Quebec.
Re-verify before launch
Quebec Consumer Protection Act. Verify with counsel before advising a specific merchant.
As of / re-verify: Verify with counsel before launch
Legal conclusion for a named client is counsel’s, not this page’s.
[6] 0.45–1.5%
Published interchange reduction on qualifying commercial card volume.
Published
Published commercial card interchange schedules. Verify current processor bulletin.
As of / re-verify: Re-verify current schedules before launch
The on-site calculator uses a conservative 0.65% blended midpoint and is labelled illustrative.
[7] ~1.4%
Visa Canada average interchange.
Re-verify before launch
Visa Canada published interchange figures. Confirm the current public bulletin.
As of / re-verify: Re-verify current Visa Canada bulletin
Average is not a merchant’s effective rate.
[8] 2.9% + $0.30
Typical publicly advertised flat-rate processor pricing.
Published
Public processor rate cards (advertised).
As of / re-verify: Re-verify advertised rates before launch
Advertised, not a specific merchant’s statement.
[9] 1.5–4.5%
Factoring fee per 30 days.
Industry estimate
Market range for B2B invoice facilities. Actual grid is payer- and concentration-specific.
As of / re-verify: Market range — re-verify with funding partners
Calculator figures are illustrative.
[10] 30–50%
Assumed migration of surcharged volume to EFT within 12 months.
Modelled — illustrative
Modelled assumption used in the surcharge comparison chart. Not an observed panel.
As of / re-verify: Modelled — 2026 site copy
Always labelled illustrative on the page.
[11] Low-to-mid 40s DSO
Median wholesale/distribution days sales outstanding.
Published
Hackett Group Working Capital Survey.
As of / re-verify: Re-verify latest survey year
Vertical pages use vertical-typical DSO, not this all-wholesale figure.
[12] Cheque vs ACH unit cost
Fully loaded cost to receive a cheque versus ACH.
Published
AFP Payments Cost Benchmarking Survey.
As of / re-verify: Re-verify latest AFP survey year
Used in the receivables workbench, labelled illustrative when modelled.