Funding for construction & contractors
Construction businesses front the cost of labor and materials long before a client pays. Funding bridges that gap so you can take on bigger jobs, keep crews working, and avoid turning down work because cash is tied up in receivables.
Whether you need to finance heavy equipment, cover payroll mid-project, or advance against unpaid invoices, there's a funding structure built for the way contractors get paid.
Common uses
- Cover payroll and materials between progress draws
- Finance heavy equipment, trucks, or tools
- Advance cash against unpaid invoices
- Take on a larger project than current cash allows
- Bridge seasonal slowdowns in winter months
The cash-flow challenge
Long payment cycles, progress billing, and big upfront material costs strain cash flow. Invoice factoring turns unpaid invoices into immediate cash, while equipment financing and lines of credit keep crews and machines working between draws.
Best-fit products
Frequently asked questions
How do contractors fund payroll between draws?
A line of credit or working capital covers payroll and materials while you wait on a progress draw, and invoice factoring advances cash against invoices you've already billed.
Can I finance construction equipment?
Yes. Equipment financing uses the machine as collateral, so you can acquire excavators, trucks, or tools with little out of pocket and terms matched to the equipment's life.
Is funding available for newer construction businesses?
Yes — equipment financing and invoice factoring are often accessible early since they're secured by the equipment or your customers' creditworthiness.