Construction & Contractor Financing
Bridge the gap between draw schedules and payroll
Contractors fund labor and materials weeks before a draw or retainage releases. Loanwise Solutions matches construction firms with lenders comfortable with progress billing, percentage-of-completion accounting, and lumpy revenue.
Cash flow challenges we see
- Retainage holds 5–10% of every contract for months
- Material costs must be fronted before the first draw
- Revenue swings make bank covenants hard to meet
- Heavy equipment purchases compete with payroll
What owners use financing for
- Fund payroll and materials between draws on a large job
- Buy an excavator, lift, or fleet vehicle without draining reserves
- Take on a project larger than your current cash position allows
- Borrow against progress billings instead of waiting on retainage
Typical qualifying profile
- Time in business
- 6+ months for working capital; 2+ years for bank lines
- Credit
- 600+ FICO typical for non-bank options
- Typical size
- $25K–$5M
- Speed
- 24–72 hours for working capital
These are typical ranges across our lending partners, not guarantees. Loanwise Solutions is a broker, not a direct lender — final terms come from the lender we place you with.
Best financing options for construction & contractors
Working Capital Loans
Cover payroll, inventory, and day-to-day expenses with flexible short-term capital.
Business Lines of Credit
A flexible credit facility you can draw, repay, and reuse — interest only on what you use.
Equipment Financing
Finance or lease machinery, vehicles, and technology with the equipment itself as collateral.
Accounts Receivable Financing
Unlock cash tied up in receivables while keeping collections and customer relationships in-house.
Construction & Contractors financing: frequently asked questions
Can I finance work in progress?
Yes. Construction-aware receivable and asset-based lenders will advance against progress billings and approved change orders, though most exclude retainage until it is released.
Will lumpy revenue hurt my approval?
Not with the right lender. Non-bank underwriters average bank deposits over 6 to 12 months, which smooths seasonality far better than a bank covenant test.
Do you finance equipment for newer contractors?
Yes. Equipment lenders secure the loan with the machine itself, so time in business requirements are lower than for unsecured credit.
Other industries we finance
Trucking & Transportation
Freight factoring, equipment financing, and working capital for carriers, owner-operators, and logistics companies.
Medical & Dental
Practice acquisition, build-out, equipment, and working capital for physicians, dentists, and specialty clinics.
Restaurants & Hospitality
Equipment, remodel, expansion, and working capital financing for restaurants, bars, cafes, and hotels.
Ready to explore construction & contractors financing?
A 15-minute conversation is all it takes to know which lenders fit your business. No obligation.