Who we fund
Construction Business Loans for Contractors and Builders
Yes, contractors and construction companies can get funding, and there are products designed around how the industry gets paid. The right choice depends on whether you need to buy equipment, bridge the gap between draws, or carry payroll while waiting on retainage.
Get matched: construction
The reality
Cash-flow challenges we hear every day.
Paying for labor and materials before the client pays you
Crews and suppliers expect payment weekly or on net terms, while project draws and progress payments can take 30 to 90 days. The bigger the job, the larger the gap you have to float.
Retainage held until project completion
General contractors and owners often hold back a percentage of each payment until the job is closed out. That money is earned but tied up, sometimes for months.
Heavy equipment costs
Excavators, skid steers, trucks, and trailers are expensive to buy and costly to rent long term. Owning equipment can improve margins, but the upfront cost is steep.
Weather and seasonal slowdowns
In many regions, winter and rainy seasons pause outdoor work while overhead keeps running. Bidding on spring work also means mobilizing before the cash comes in.
Best-fit funding
Funding that fits construction.
Heavy machinery and work trucks hold resale value, which makes them strong collateral. Financing lets you own the equipment and stop paying long-term rental rates.
$10K–$5M‡2–5 days*If you bill commercial clients or general contractors on net terms, factoring turns those approved invoices into cash so you can pay crews without waiting for the check.
$10K–$5M‡1–3 days*A line of credit covers materials and mobilization costs at the start of a job and gets paid down as draws come in, which matches the stop-start rhythm of project work.
$10K–$500K‡1–3 days*A term loan works for one-time investments like a new shop, a larger fleet, or the working capital needed to take on a bigger contract.
$25K–$2M‡2–7 days*What lenders look for
Typical profile for construction.
Lenders typically review bank statements, accounts receivable, and sometimes a list of current contracts or a backlog report. Licensing, bonding history, and the creditworthiness of the clients you bill also matter, especially for factoring.
Common uses of funds
- Buying or upgrading excavators, skid steers, and work trucks
- Buying materials upfront for a large commercial job
- Covering payroll while waiting on progress payments
- Meeting bonding or working capital requirements for bigger bids
- Bridging cash flow while retainage is held
- Hiring and training additional crew members
Can I factor invoices from a general contractor?
Often yes, though construction factoring is more specialized because of retainage, lien rights, and pay-when-paid clauses. Some factoring companies focus specifically on construction receivables.
Will lenders finance a new contractor business?
Newer contractors can usually find equipment financing, since the equipment secures the loan. Unsecured working capital and SBA loans tend to require more time in business and revenue history.
Does having a backlog of signed contracts help me qualify?
It can help show future revenue, especially for lines of credit and term loans, but most lenders still weigh your past bank deposits and financials more heavily than contracts not yet completed.
How do I pay for materials on a job before the first draw?
A business line of credit or short-term working capital is the most common way to cover mobilization and materials. Some suppliers also offer trade credit, which can be combined with outside financing.
Funding for construction, matched in minutes.
- Decisions in as little as 24 hours*
- $10K–$5M+ across 10 products
- No hard credit pull to apply
- One dedicated funding advisor