|Funding Size||$2,000 - $350,000+|
|Funding Terms||3 to 24 months*|
|Payment||Automatic daily debits from your business bank account / merchant account|
|Collateral||No personal collateral required. Pledge of only business assets|
|Timing||Your quote will arrive as fast as 24 business hours and money in your account as fast as 3 business days.|
|Eligible Business||Oil companies and over 200 other business types from accountants to doctors to construction, retail and manufacturing|
|Use of Funds||Can be used for most business purposes|
|* SBA programs with longer terms available for qualified applicants|
Small Business Funding for Construction and Supply Companies
Construction and supply businesses traditionally have high cash needs to maintain day-to-day operations. On the construction side of things, the small business owner typically needs to invest heavily in building materials and labor up front to get the job started and then wait for reimbursement from the client. If this reimbursement doesn't happen on time it can put a major financial strain on the company. On the Construction supply side, the business is required to carry massive inventory to keep up with immediate needs of the builders on the job. Having ready access to quick capital for investing in these materials is paramount to the building supply business. Added advertising, location renovations, more staffing and other periodic expenses also continue to require cash infusions at regular intervals. The need for business funding for construction and supply companies may arise for any one of these or several other reasons, but for whichever of these needs comes up you still have to find the best source for financing and many times a traditional bank is not the best answer.
Getting a conventional bank loan for a construction or supply company can be difficult. Even if the bank tells you that you are a good candidate for small business funding, they require mounds of paperwork and hours upon hours of your time that you should be using to run your business. Once the process starts, it can be several weeks or even months before you get the funding you need, which puts your projects and needs even further behind.
Small Business Funding for Construction and Supply Companies - Fast and Easy with LendDeck.com
It's a well-established fact that getting business funding for construction and supply companies is often difficult when using traditional channels, but getting your small business funding can now be quick and easy with the availability of alternative funding companies like LendDeck.com. You can start now by completing the short online form above and as long as you meet minimal qualifications, (NO minimum credit score required), one of our account executives will contact you to walk you through the rest of the process step-by-step. There is very little paperwork required and you could have your cash request funded in just a few days rather than the weeks or even months it could take with a traditional lending institution.
There are no minimum credit card processing nor hard assets required as collateral. At LendDeck.com we look at the entirety of the business and its daily cash flow in order to make a favorable decision for your Construction or Supply Company Business Loan. Although LendDeck.com doesn't fund startup businesses, any business with at least 1 year of operations and cash flow can be considered for a small business funding. Get started now by completing the short form at the top of this page.