Near Instant Approvals
Construction Business Loans
Business Loans for Contractors and Construction Companies up to $500k
BUSINESS LOANS
$4,000 – $1,000,000
EASY APPLICATION,
NO OBLIGATION
COMMITTED TO
HELPING YOU GROW
Construction Business Loan
The construction industry sector is a trillion-dollar industry, but in that same breath, it’s also one of the most costly businesses to operate, the constant need for material, adhering to building codes, constantly hiring, and finding skilled laborers, not to mention paying salaries. Depending on the type of construction your small business performs, commercial versus home building, it is also a highly seasonal business.
Construction Business Financing
Funding a Construction business has a lot of moving parts and having access to a construction business loan can be critical to ensure daily operations run smoothly for construction contractors. Having access to a construction business loan can be the answer to some of the cash flow problems these issues create. Additionally, the construction industry is projected to increase for the next several years, which makes proper financing for your business critical for taking advantage of new construction job opportunities.
A construction business loan or financing can help you accomplish the following:
- Hire More Skilled Laborer
- Upgrade EQUIPMENT
- Buy Material and Parts
- Fill Invoice Gaps
- Challenge Competitors (Bids)
- Manage Cash Flow
- Taxes
Types of Construction Business Loans
SBA Loans
SBA 7(a) loans from $30,000 – $350,000 from the Capital for Business network can be used for debt refinancing and working capital. Working capital includes operational expenses, marketing, hiring, etc. SBA loan for a construction company can be used to fund new equipment purchases as well.
Bank Term Loans
A Business term loan from lenders in the Capital for Business network is between 2-5 years and loan amounts anywhere from $30,000 to $500,000
- $30,000 to $500,000 loan amounts
- 2-5 year terms
- Fixed interest rate from 7.99%
- Monthly repayments
Business Lines of Credit
A business line of credit provided by Capital for Business is based on the revolving credit. That means you can use the funds repeatedly. Having a business line of credit provides you with extra flexibility and peace of mind when it comes to injecting money into your daily operations. It helps you avoid downtime and make sure things are running smoothly
- Receive up to $250k with a business line of credit
- Business lines of credit rates as low as 6%
Small Business Loans
A small business loan from our marketplace of 100+ alternative lenders will enable you to get the capital you need for your business growth. Our high approval rates mean that we say ‘Yes’ when banks say no. Our lending process which takes less than 5 minutes will not affect your fico score and we boast a 24-hour loan approval.
Working Capital Loans
A working capital loan can help you take care of immediate needs in your business, whether that is a cash-flow shortfall or a new business opportunity. No collateral is required for our working capital loans or short-term funding, the required documentation is limited, and perfect credit is not needed. Nearly every industry can get a working capital loan. Working capital loans are perfect for business owners who need short term funding to grow. Working capital loans are simple, fast, and affordable and are designed to help with seasonal shortcomings with revenue or the need to boost inventory.
Business Loans for Bad Credit
we have bad credit business funding options for construction business owners with bad credit. Bad credit shouldn’t affect your ability to receive a small business loan so our loan advisors take look at your business revenue and potential, rather than your credit score to find alternative lending options for your business.
Merchant Cash Advance
A Merchant Cash Advance is an innovative alternative to a traditional small business loan. Capital for Business utilizes your expected future credit and debit card sales to be able to provide you with working capital so you can put your business plans into action. Instead of fixed daily payments, the repayment for an MCA is completely flexible.
- Receive up to $500k with a merchant cash advance
- Factor rates as low as 1.15
- Access to business funding in as little as 24 hours
Equipment Financing
Are you in the need of new business equipment but do not have the necessary capital on hand to pay for it? Equipment financing done with Capital for Business is incredibly simple fast and affordable. We are a top-of-the-line marketplace alternative lender that can provide you with same-day funding to purchase any type of equipment that your business may need. Whether software, heavy construction equipment, vehicles, and much more. You will repay your equipment loan with low monthly payments and we keep the upfront cost minimal to something that your business can afford.
Invoice Factoring
At Capital for Business, Invoice factoring is a quick and flexible source of funds for businesses that are waiting for outstanding receivables to pay. We simply utilize your accounts receivable as the collateral and advance funds against the face value of your invoices. Invoice factoring allows your credit line to grow proportionately with your sales cycle. We can fund as little as $5,000 a month and up to $2.5 million for larger companies.
Business Credit Cards
Business credit cards act as a revolving line of credit and are used for both purchases and payments. Businesses use credit cards with other loan products and are usually used for working capital purposes. Pre-revenue and startup companies can apply and receive these cards also, as well as established companies, of course. The biggest factor for approval is the strength of personal credit.
Product Overview:
- Up to $150k
- Rates: interest rates starting at 0% intro rate for the first 6-18 months* and up to 19.99%
- Repayment: Revolving, credit cards are personal lines of credit.
- Fees: 3% to 5% origination fees
- Payments: Low monthly payments
- No collateral required
Credit Score: Must have a good credit score, at least a 680-fico score, good credit history, and a credit utilization not over 35%. Bad credit is not allowed
No Annual Revenue requirements to apply
- *not all cards have intro rates in our business credit card network
Why should you apply for our Construction business loan?
Capital for Business has been serving small businesses for over 15 years and knows what the entrepreneurs value the most. That is why we offer:
- favorable approval rates.
- we offer bad or poor credit business loans
- custom-tailored service with a dedicated loan specialist.
- reasonable eligibility requirements.
- flexible repayment terms on a daily, weekly, bi-weekly, or monthly basis.
- hassle-free online business loan application process.
- same-day approval.
How to Get a Business Loan
OUR EASY BUSINESS LOAN APPLICATION PROCESS
Get Small Business Funding in as Little as 24 Hours
In just three easy steps, you can access the right financing solution for your business. Our fast application and 24-hour funding process give you the working capital needed to grow your business in no time!
Apply in minutes
Complete a single small business loan application. It takes less than 5 minutes.
Get approved
in hours
The best small business financing options tailored to your business needs.
Receive funds in as
little as one day!
Capital for Business makes your small business financing experience fast, simple, and affordable.
Apply in Minutes
Tell us about your business
Tell us All about you
Connect your bank account
Construction and Contractors Blog Resources
Trends & Tactics
How to Improve Your Workflow with a Construction Management Software
Starting up a new construction business or optimizing your existing enterprise can present a myriad of challenges. Neither path is a walk in the park, but construction management software can streamline your workflow and help your team to stay abreast of its many tasks and responsibilities to make the process easier.
The Essential Guide for Construction Safety — What You Need to Know Before You Build
Accidents in most workplaces can be unpleasant, but rarely life-threatening. In construction, however, Jobsite risks are serious and can result in permanent injuries and even fatalities. This makes construction safety a number one priority for contractors.
Construction industry resources like the Occupational Safety and Health Administration (OSHA)’s Top 10 Most Frequently Cited Standards in Construction can help you avoid preventable workplace injuries and tragic accidents, hefty insurance bills, and damaging project delays. Before we delve into the practical safety rules, though, let’s briefly go over why construction safety is so crucial.
HOW BUSINESS FINANCING CAN HELP YOUR CONSTRUCTION SITE THRIVE
Small business financing can be challenging, and deciding whether or not to seek out small business financing for your construction company will be a tough decision. You may not be sure how to use the funds or where to start improving your company if you were to receive funding.
There are a surprising number of ways to use business funding that can improve your business and keep your employees and customers satisfied as you continue producing high-quality work.
Effective Incentive Programs for Construction Workers
Incentive programs for construction workers have become popular as a way to bring in new employees as well as retain the people that crews and companies already have on their rosters. What are some of the most effective incentive programs for construction workers?
5 Costly Mistakes Construction Business Owners Make
New construction business owners already know how to face risk head-on. They’ve risen through the ranks of a competitive industry and found the capital to start a venture of their own. However, with every business venture comes continued risk, be mindful of the following five mistakes construction businesses make.
Equipment Leasing vs. Equipment Financing
The equipment leasing vs. equipment financing debate can be confusing when trying to determine which option is best for your business or project, but it doesn’t have to be! We will break down the pros and cons of each so you can make an informed decision on what’s right for you.
GET THE SMALL BUSINESS CAPITAL YOU NEED TO AFFORD YOUR DREAMS
FAST & SIMPLE
Jonathan N. Craig
Geoffrey E. Avila
Debra R. Daley
Edson Romero
Lisa B. McClean
Aaron S. Devlin
Lillie Martinez
Trammy R. Young
Smaat Money
Cory Z. Sciortino
Florence B. West
Harold M. Joseph
Maria Kincer
A Google User
Angela Nagy
Charles V. Fraizer
Benjamin G. Blast
Carol T. Moir
Edwin C. Sims
George L. Dodson
Roxanne J. Chambell
Marlene A. Esposito
Michele R. Carrigan
James H. Fauver
Bettie Nelson
Werner D. Seely
Raymond S. McDermott
Marjorie Fitch
Jamie M. Deming
Bettie Nelson
Mark G
Carmella A. McGregor
Hamili Milligan
J&D Construction LLC
Ashley Johnson
William Richardson