A line for mobilization
Draw for lumber, steel, permits and the first two weeks of payroll, then repay as each monthly draw is approved. Interest only on the days the balance is out.
Funding for construction,
paced to how jobs pay.
Materials, payroll and equipment are due weeks before the first draw clears. One application, shopped to the lenders we work with that read a schedule of values, with funding in as little as 24 hours.1 No impact to your credit score to apply.2 Amounts from $5K to $5M.3
4.8Excellent · Based on 12,480 reviews
FundLine Capital is a commercial loan broker, not a lender. Offers are made by the lenders we work with.
How much do you need?Illustrative only. Your rate, term and payment are set by the lender whose offer you accept.
Est. monthly payment$3,870
Illustrative terms10.9% APR · 48 mo
10%of every invoice held as retainage
Owners hold back 5 to 10 percent until closeout, on every pay application, on every job. Financing bridges the held cash so the next project mobilizes on time.
Capital for draws,
retainage and bigger bids
Contractors get paid in monthly pay applications, minus retainage, 30 to 75 days after the work is done. Every product we place for a builder is chosen around that calendar.
Equipment that wins bids
An excavator, a lift or a second truck lets you self-perform work you used to sub out. Equipment loans of 36 to 84 months are secured by the machine itself, new or used.
Cash against pay applications
Invoice financing advances most of an approved pay app within days. The lender is repaid when the owner or general contractor pays, and your crew is paid Friday.
Bring the backlog, not just the bank statements
A signed backlog and a work-in-progress schedule tell a lender more about a contractor than twelve months of deposits. Lenders that fund builders expect revenue to follow the project calendar. Show them the contracts in hand, the percent complete on each and how prior jobs closed out, and the conversation shifts from whether you qualify to how much.
How contractors get funded with FundLine
Ridgeback Framing Co.
$134,000 of $250,000Available to draw
$116,000Outstanding balance
Draw funds
Lumber package, Lot 14$68,000
Payroll, weeks 1 to 2$48,000
Next payment$5,240 on Oct 15
Draw #3 expectedOct 28
- 1
Apply once
About 15 minutes. Company details, three to six months of bank statements and, for larger amounts, your backlog and a recent P&L.
- 2
Compare offers
We shop the application to the lenders we work with that fund construction and put the offers side by side, including draw terms and equipment collateral.
- 3
Mobilize
Accept the offer that fits. Lines and invoice financing can fund in as little as 24 hours; equipment loans take a few days for the quote and title.
Talk to someone who can
read a schedule of values.
Our advisors have placed mobilization lines, equipment loans and retainage bridges for framers, site contractors and GCs. Bring your backlog and your slowest-paying owner; we will tell you which products fit before you apply.
Book a callReal people, any day of the week
What contractors say
Excellent
4.8
Based on 12,480 reviewsFundLine owner reviewsConstruction funding questions
Most contractors start with a business line of credit for materials and payroll and equipment financing for machines and trucks. Established firms add term loans and SBA 7(a) loans for bonding capacity and growth. FundLine shops one application to the lenders we work with that fund construction.
Yes. Invoice financing advances most of the value of approved pay applications, and several lenders we work with understand retainage schedules. You get the cash now and the lender is repaid when the owner or general contractor pays.
Not on its own. Lenders that fund contractors expect revenue to follow the project calendar. They look at your backlog, signed contracts, bank deposits over the last 6 to 12 months and how prior jobs closed out.
Mobilization lines commonly run from $50K to $500K depending on annual revenue. Equipment loans are sized to the machine, often $40K to $400K. SBA 7(a) loans for bonding and growth run larger, up to $5M through the lenders we work with.
Usually. Most equipment lenders finance used excavators, loaders, lifts and trucks, with terms that depend on age and hours. The equipment secures the loan, so your other business assets stay free.
The application takes about 15 minutes. Lines of credit and invoice financing often return offers within a couple of days, and many lenders fund in as little as 24 hours after you accept. Equipment and SBA loans take longer for appraisals and documentation.
It can help. Invoice financing is underwritten on the strength of who owes you, so a large, creditworthy owner or GC with a slow process is often an ideal receivable to advance against. Bring the contract and the aging report.
Three to six months of business bank statements, basic company details and, for larger amounts, a recent P&L, a backlog or work-in-progress schedule and details of any existing equipment loans. Your license and bonding information help for SBA requests.
Often, yes. Equipment financing depends heavily on the machine and the owner's credit, and several lenders fund businesses under two years old at smaller amounts. Options widen after 12 months of deposits and a completed job or two.
Business line of credit
Draw for materials and payroll before the first draw, repay as each pay application clears.
Equipment financing
Own the excavator, the lift or the second truck on 36 to 84 months, secured by the machine itself.
Guides for builders
How lenders read a contractor, and how to get funded between pay applications.
Guide
Getting ready to borrow
The checklist: bank statements, backlog, WIP schedule and what a lender does with each.
Read moreBlog
Line of credit vs. term loan for seasonal cash flow
When a revolving line beats a fixed payment, and when it is the other way around.
Read moreTool
Payment calculators
Compare an equipment payment to the rental invoice you are paying today.
Read moreReady to mobilize
before the first draw?
One 15-minute application. No impact to your credit score to apply.
- 1¹ Funding in as little as 24 hours applies to select products after you accept an offer. Timing varies by lender, product and how quickly documents are returned.
- 2² Submitting a FundLine application does not affect your personal or business credit score. A lender may run a hard inquiry before final approval and will disclose it first.
- 3³ Amounts, rates and terms are set by the lender and depend on time in business, revenue and credit profile. $5K to $5M is the range across the lenders we work with; not every business qualifies for every amount.
- 4Advance rates on pay applications and retainage vary by lender and by the creditworthiness of the owner or general contractor.