Use Bankroll to get a low rate and flexible terms on your construction business loan.
CONSTRUCTION
Running a construction or contracting business comes with it’s share of unique challenges.
For example, bad weather can delay a project. High employee turnover also makes finding and retaining high-quality workers a difficult process. It can get overwhelming to manage cash flow through these unexpected ups and downs.
A business loan specific to your contractor or construction business can help.
Use a construction business loan to fulfill hiring needs for large projects or replace workers as needed.
Take advantage of a construction business loan to acquire new or used equipment.
A construction business loan can help to manage cash flow while waiting on a project or during slow season.
A construction business loan provides security in bidding for larger projects and winning over competition.
A construction business loan can help to avoid using personal funds for business expenses.
A construction business loan can help avoid giving up control of your business to equity partners.
QUALIFICATIONS
How to qualify for a construction business loan?
Checking if you qualify for a construction business loan takes a few minutes and won’t affect your credit score.
Our goal is to secure the most competitive rate and repayment terms for your construction business loan.
| Credit Score | At least 560 |
|---|---|
| Time in Business | At least 6 months |
| Revenue | No minimum |
| Collateral | Not required |
| Citizenship | Proof of legal residency OK |
Our team has over a decade of experience providing over $2 billion in funding to over 10,000 small businesses.
We value our clients and believe in long-term relationships. This is why 82% of our clients return for additional funding.
We leverage technology to create a transparent, simple and efficient process to get you the best small business loan.
As your dedicated loan specialist, I will get to know you and your business in order to secure the most competitive small business loan. You can reach me directly via phone, text or email during normal business hours.
Funds can be transferred in as fast as 24 hours for working capital and equipment financing. For SBA loans, please allow 2-4 weeks for processing.
Rates for construction business loans start as low as 4% for a secured small business loan.
To qualify your for a construction business loan, we run a soft credit pull. A soft credit pull will not affect your credit score.
We need your business tax ID and social security number for identification purposes. For working capital, we will need your recent 3 months business bank statements.
Yes. We utilize 256-bit bank grade encryption technology to ensure that your financial data is safe and secure.
Still have questions? Get in touch