INDUSTRY · CONSTRUCTION
Construction &
contractors.
Contractors front the cost of the job — materials, crew, equipment — then wait on draws and net-60 invoices to get paid. The right financing covers that gap so you can take the next project without starving the current one. Here's how.
The short version
- Construction's bind: you fund the job before the job pays you.
- Common uses: materials, payroll, equipment, and bridging progress draws.
- Revenue and contract pipeline matter more than a perfect score for many options.
- Fast funding lets you say yes to the next bid instead of passing on work.
The contractor's cash-flow bind
You win the bid, then you pay for everything up front — lumber, concrete, a full crew, equipment rental. The money doesn't come back until the progress draw clears or the invoice finally gets paid net-30, net-60, or later. Win two jobs at once and the squeeze doubles. The work is profitable on paper; the gap between spending and collecting is what strains the business.
You finance every job whether you mean to or not. The question is whether you do it on your terms.
What contractors fund
- Materials for a job before the first draw lands.
- Payroll for the crew while invoices sit unpaid.
- Equipment — buying instead of renting once the work is steady.
- Bridging progress draws and slow-paying general contractors or owners.
- Bonding and mobilization costs to start a bigger project.
Which product fits which job
| Need | Best-fit product |
|---|---|
| Materials & payroll before you're paid | Line of credit or working capital |
| Slow-paying invoices / draws | Working capital or invoice financing |
| Buying equipment | Term loan / equipment financing |
| Urgent, short-term gap | Advance for speed |
Need materials for a job before the draw clears?
Tell us about the contract and your recent revenue. We'll line up an option sized to your draw schedule so you can start on time.
A line of credit is often the contractor's best friend
Because construction gaps are recurring and unpredictable — every job has them — a revolving line of credit usually fits better than a one-time loan. You draw to cover materials and payroll, repay when the draw or invoice lands, and the credit is there again for the next job. An unused line costs nothing to keep open.
What you'll need
A short application, three months of business bank statements, and a sense of your contract pipeline. Revenue and consistency carry more weight than your score, so credit in the 500s isn't a dealbreaker for revenue-based options.
How Titan helps contractors
We understand getting paid in arrears, retainage, and the draw schedule, and we frame your business to lenders accordingly. We shop your file to multiple funders, match the structure to how your draws actually land, and tell you honestly when a cheaper, slower product would serve you better.
Questions owners ask
How do contractors get financing?
Through working capital lines, short-term loans, equipment financing, and advances against revenue. These bridge the gap between paying for labor and materials up front and collecting on invoices or draws later.
What is a construction business loan used for?
Typically materials, payroll, equipment, and bridging the wait on progress payments or net-30/60 invoices — so a contractor can run the current job and bid the next one at the same time.
How do I fund a construction project before getting paid?
Revenue-based working capital or a line of credit covers up-front costs, and you repay as draws and invoices land. This is the core cash-flow fix for contractors who get paid in arrears.
Can contractors get loans with bad credit?
Yes. Many funders weigh your revenue, deposits, and contract pipeline over your credit score, so contractors with credit in the 500s are funded regularly through revenue-based options.
How fast can I get construction financing?
Often within 24 to 48 hours of approval for revenue-based options, because underwriting relies on recent bank statements rather than a lengthy document package.
See what your construction business qualifies for
One short application, a soft credit check, and a look at your revenue. Options across lines, loans, and advances — no obligation.