Funding for contractors, built around how jobs actually pay
You buy materials and pay crews before the draw comes in. Funding based on your deposits helps contractors bridge the gap between starting a job and getting paid for it.
How funders look at contractors & construction
Funders look at your bank deposits over the last few months. Lumpy months are normal in construction, since big draws land some months and not others. Funders look at the overall flow, so a quiet month between jobs isn't a dealbreaker.
What owners use it for
- Materials for a new job
- Payroll between draws
- Equipment purchases and repairs
- Bonding and insurance costs
- Taking on a bigger project
What you'll need
A short online application (about 5 minutes) and your last 4 months of business bank statements. Typical minimums are about 4+ months in business and around $10,000 a month in deposits. Your credit score isn't what decides it, and there's never a fee to you.
Paid off an advance or loan before? Mention it on your application. A good track record can help you get offered more. How renewals work.
Questions from contractors & construction owners
My deposits come in big chunks. Is that a problem?
Which trades do you work with?
Will this affect my bonding capacity?
See if your sales can get you funded
Two minutes, no fee, no credit pull from us. Prefer to talk? Call (786) 977-8795.