Construction financing
Construction Business Loans
Construction companies often wait 30 to 90 days or more to be paid while payroll, materials and equipment costs come due every week. Financing smooths that gap and lets you take on bigger jobs without draining cash.
Start your applicationFinancing that fits
Equipment Financing
Heavy equipment holds its value, so lenders finance a large share of the price.
Business Line of Credit
Covers materials and payroll between progress payments, then pays down when the draw arrives.
What owners finance
- Excavators, loaders and work trucks
- Materials for new contracts
- Payroll while waiting on draws and receivables
- Bidding on larger projects
- Replacing aging equipment
What lenders look at
- Backlog and signed contracts
- Accounts receivable aging and retainage
- Licensing and bonding status
- Equipment already owned and its liens
Documents to have ready
- Business bank statements
- Recent tax returns and financial statements
- Work-in-progress schedule or list of current contracts
- Accounts receivable aging report
- Equipment quote or list of equipment owned
Common questions
- Will financing affect my bonding capacity?
- It can: sureties look at your debt and working capital. Ask your surety agent before taking on new debt for a bonded job.
- Can I borrow against my receivables?
- Yes. Some lenders advance against invoices or lend on a line of credit sized to your receivables.
- How do seasonal slowdowns affect approval?
- Lenders expect seasonality in construction. Showing a full year of statements helps them see the pattern rather than a dip.
Financing for your construction business
One application. Matched lenders. Offers you can compare side by side.