Construction Company Funding
New construction is anticipated to hit a value of $1.5 trillion by 2023. Meet the growing demand and expand your construction business with up to $500,000 in funding available within 24 hours.
Construction Company Funding
New construction is anticipated to hit a value of $1.5 trillion by 2023. Meet the growing demand and expand your construction business with up to $500,000 in funding available within 24 hours.
Quick and Simple Construction Company Funding
Whether you're aiming to bid for a new project, bridge seasonal gaps, or expand your construction company, businesses of all sizes and specialties can benefit from construction company funding through ASAP Capital.
Securing funding from traditional lenders like banks can be challenging. The process can take weeks, and many loans are denied because construction company funding is often deemed "high risk" due to demand volatility, cash flow fluctuations, and thinner margins.
As an alternative lender, ASAP Capital can approve more construction company loans than traditional lenders, often within just one business day. We offer various types of small business funding to help grow your construction business, with alternative construction loans ranging from $3,000 to $500,000. We fund all specialties, including remodelers and renovators, contractors, concrete workers, electricians, plumbers, HVAC technicians, landscapers, specialty tradespeople, and more.
Construction Funding Rates
The rates for construction company funding vary depending on the type of alternative small business funding you receive. Unlike traditional interest rates, most alternative construction company funding options utilize a factor rate. Factor rates are straightforward decimal figures indicating the "extra" amount owed on the original loan amount, determined based on your risk assessment.
Quick and Simple Construction Company Funding
Whether you're aiming to bid for a new project, bridge seasonal gaps, or expand your construction company, businesses of all sizes and specialties can benefit from construction company funding through ASAP Capital.
Securing funding from traditional lenders like banks can be challenging. The process can take weeks, and many loans are denied because construction company funding is often deemed "high risk" due to demand volatility, cash flow fluctuations, and thinner margins.
As an alternative lender, ASAP Capital can approve more construction company loans than traditional lenders, often within just one business day. We offer various types of small business funding to help grow your construction business, with alternative construction loans ranging from $3,000 to $500,000. We fund all specialties, including remodelers and renovators, contractors, concrete workers, electricians, plumbers, HVAC technicians, landscapers, specialty tradespeople, and more.
Construction Funding Rates
The rates for construction company funding vary depending on the type of alternative small business funding you receive. Unlike traditional interest rates, most alternative construction company funding options utilize a factor rate. Factor rates are straightforward decimal figures indicating the "extra" amount owed on the original loan amount, determined based on your risk assessment.
Construction Company Funding Solutions
Our approachable and knowledgeable Funding Advisors will collaborate with you to identify the best funding option that will help you reach your goals without compromising your business's cash flow.
Construction Company
Funding Solutions
Our approachable and knowledgeable Funding Advisors will collaborate with you to identify the best funding option that will help you reach your goals without compromising your business's cash flow.
How to Utilize Construction Company Funding
There are no restrictions on how you can use construction company funding from ASAP Capital. This funding is typically best used to provide the cash flow needed to improve or expand your business. You can use your funding to:
Purchase or repair equipment to reduce your reliance on subcontractors
Bid for bigger projects by upgrading equipment or hiring staff
Improve technology, such as purchasing 3D printers or advanced scheduling systems
Purchase materials to jumpstart a new or upcoming project
Invest in mentoring and training programs for new employees
Maximize seasonal downtime by investing in marketing or new technologies
Embrace new technologies like Building Information Modeling (BIM), telematics, virtual reality or augmented reality, robots and drones, 3D printing, connected devices, and autonomous vehicles
A construction company loan can also provide the influx of working capital needed to address the unique challenges of running a construction business, such as:
Volatile or seasonal demand—fixed expenses still need to be paid during the off-season, which can strain your business’s cash flow.
High cost of materials and equipment—raw materials and proper equipment are essential for pitching, starting, and completing jobs on time, but they require significant up-front investment.
High employee turnover and skilled worker shortages—construction workers are retiring faster than the younger generation can replace them.
Late receivables.
How to Utilize Construction Company Funding
There are no restrictions on how you can use construction company funding from ASAP Capital. This funding is typically best used to provide the cash flow needed to improve or expand your business. You can use your funding to:
Purchase or repair equipment to reduce your reliance on subcontractors
Bid for bigger projects by upgrading equipment or hiring staff
Improve technology, such as purchasing 3D printers or advanced scheduling systems
Purchase materials to jumpstart a new or upcoming project
Invest in mentoring and training programs for new employees
Maximize seasonal downtime by investing in marketing or new technologies
Embrace new technologies like Building Information Modeling (BIM), telematics, virtual reality or augmented reality, robots and drones, 3D printing, connected devices, and autonomous vehicles
A construction company loan can also provide the influx of working capital needed to address the unique challenges of running a construction business, such as:
Volatile or seasonal demand—fixed expenses still need to be paid during the off-season, which can strain your business’s cash flow.
High cost of materials and equipment—raw materials and proper equipment are essential for pitching, starting, and completing jobs on time, but they require significant up-front investment.
High employee turnover and skilled worker shortages—construction workers are retiring faster than the younger generation can replace them.
Late receivables.
How Construction Funding Works
APPLY
Collect 3 months of bank statements and other necessary documents. For expedited approval, provide secure access to your bank account’s transaction data.
CHOOSE FUNDING
A Funding Advisor will contact you within 1 hour (during regular business hours) to finalize your application and discuss funding options.
GET FUNDED
Once you and your Funding Advisor agree on the best funding solution for your business, funds can be approved and deposited within 24 hours.
SET REPAYMENT
Repayment occurs when your client pays their invoice. We handle the collection process professionally and remit the remaining amount to you, deducting our fees.
How Construction Funding Works
APPLY
Collect 3 months of bank statements and other necessary documents. For expedited approval, provide secure access to your bank account’s transaction data.
CHOOSE FUNDING
A Funding Advisor will contact you within 1 hour (during regular business hours) to finalize your application and discuss funding options.
GET FUNDED
Once you and your Funding Advisor agree on the best funding solution for your business, funds can be approved and deposited within 24 hours.
SET REPAYMENT
Repayment occurs when your client pays their invoice. We handle the collection process professionally and remit the remaining amount to you, deducting our fees.
Are You Eligible for Construction
Company Funding?
Exact qualification requirements depend on the type of construction company funding you are seeking. Approval for construction company funding from ASAP Capital isn’t based solely on your credit score or financial history. Instead, we focus on the overall health of your business, including:
Business Revenue
Cash flow management
History of payments to vendors
Duration of business operation
Publicly available records
Are You Eligible for Construction Company Funding?
Exact qualification requirements depend on the type of construction company funding you are seeking. Approval for construction company funding from ASAP Capital isn’t based solely on your credit score or financial history. Instead, we focus on the overall health of your business, including:
Business Revenue
Cash flow management
History of payments to vendors
Duration of business operation
Publicly available records
Attorney Funding Guides
Construction Company Loans: A Comprehensive Guide
General Contractor Loans: Everything You Need to Know About Getting a Loan as a Contractor
How Does Online Invoice Factoring for Small Business Work?
Attorney Funding Guides
Construction Company Loans: A Comprehensive Guide
General Contractor Loans: Everything You Need to Know About Getting a Loan as a Contractor
How Does Online Invoice Factoring for Small Business Work?
Damon: (619) 453 5737
