SMALL BUSINESS LOANS FOR CONSTRUCTION CONTRACTORS

This page contains affiliate links to Fundwise Capital. If a user clicks a link or applies, the owner of this website may receive a commission at no cost to the user. Learn more.

Picture of an excavator that can be purchased with a loan

Construction is a necessity of any society, from ancient days to the present one. Construction is required for our roads, and the safety features along them such as cross walks, sidewalks, and lights. Construction companies encompass everything from creating buildings from the ground up to fixing pot holes. It is hot, demanding work, often with its own dangers. Safety handbooks and rules must be carefully followed to avoid disaster to human life as well as to the project being undertaken.

Although costs are often handed down to those who hire the construction team, there are unavoidable expenditures associated with maintaining the business. Human capital is expensive, especially since skilled workers come with their own expectations to be hired. The right equipment is essential to get the job done and is not a great place to cut corners to preserve profit.

Even extremes of weather can affect the bottom line by affecting how quickly and by when a project can be completed. Costs associated with office space can range from minimal, to high end, depending on if an office building is required for rent or purchase, or a trailer may suffice. Storage space to keep expensive tools and machinery is often an important investment.

Loans are often an essential part of getting a new construction company launched right, or helping an established company continue along. Loans are often helpful in helping a business expand. Construction companies do not always inspire confidence in lenders and rates may not be as competitive as anyone would like.

Without the years of work to back up the profitability of a new construction endeavor, the starting company can have serious difficulty acquiring the capital needed to start in business. Due the competitive nature of the niche, even established companies can experience difficulty acquiring the loans they want. Even with years of work, those that are looking for the funds they need to expand may find disadvantages to getting the amounts they need to be successful, at the best rates to see a good return.

Hear our great solutions to your financial loan problems. Our partner offers creative solutions to the problem of startup loans. Their vast knowledge of 0% interest credit cards are just one example of the results they can come up with. We also work with many lenders in a large network, and specialize in getting new businesses, or even existing ones, large business loans with no interest. For small business owners, we can help you leverage your great credit score to acquire the loan you need. After your application and qualifying phone call, they take care of applications to several more of the right lenders, and are even capable of turning some initial ‘no’s’ to ‘yesses.’

If you are struggling with the future of your business due to hard times, or even good times (too much business can be a problem and it can be painful to leave money on the table due to lack of resources to complete more projects), reach outtoday. The initial application is 9 questions long and does not require any sensitive information. A soft credit check must be approved but this does not affect your credit rating. See what we can do for you today. Your team is waiting and eager to work with you. Apply now.

Picture of a construction team in Utica building on site
Picture of a house under construction