Construction Contract Loans

Construction contract loans | Construction contract-backed loans | Project backed financing | Contract-backed finance

1 (800) 317-4933

Construction contract loans. We offer commercial subcontractors a finance option that allows them to fund new projects before the job begins. The funding is backed by the construction contract which, provides working capital financing to cover payroll, materials, permits, vendor costs, and other project-related expenses, this money may be available before you start the work.

The funding keeps your project funded and moving forward since it is specific to each project, the repayment is aligned with the project payment timeline and the collateral is the project/job contract.

The process is simple and straightforward:

TYPICALLY

  • In business two or more years
  • Gross annual revenue of $1M or more
  • 3 or more active projects

INITIAL PAPERWORK

  • 6 most recent business bank statements
  • Last two Year end Income Statement and Balance Sheet
  • Overhead & Debt Schedule (we'll send you the template)
  • The last 2 Corporate Tax Returns filed for the business
  • A copy of the Contract(s) for each project you are seeking funding for (if bidding on a project no need to submit for now)
  • A/R and A/P Aging Reports
  • Copy of the Business General Liability Insurance Certificate
  • Articles of Incorporation, SS4 IRS form, and the Driver's License for each owner

For more information, please submit the Online Form.



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