Construction Business Loans

The financial tools you need
when building your business.

 
National Funding Card National Funding Card

Have Your National Funding Card? Get Started.

Ready To Move Your Business Forward?

Fields marked with an * are required

The estimated sales your business generated in the last 12 months.

What's This?

Click your estimated annual gross sales

By continuing I agree to all terms and conditions

Terms & Conditions

General Acceptance

Any applications submitted electronically shall have the same force and effect as if the application bore an inked original signature(s). The above information, together with any accompanying financial statements, schedules, or other materials, is submitted for the purpose of obtaining credit and is warranted to be true, correct, and complete.

 

US Patriot Act:

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person and business that seeks a business loan. What this means for you: When you apply for a loan, we will ask for your business name, address, and Tax Identification Number. We will also ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

 

For Loan/Merchant Services:

The Merchant and Owner(s)/Officer(s) identified in the application (individually, an “Applicant”) each represents, acknowledges and agrees that (1) all information and documents provided to National Funding, Inc. (“NF”) including credit card processor statements are true, accurate and complete, (2) Applicant will immediately notify NF of any change in such information or financial condition, (3) Applicant authorizes NF to disclose all information and documents that NF may obtain including credit reports to other persons or entities (collectively, “Assignees”) that may be involved with or acquire commercial loans having daily repayment features and/or Merchant Cash Advance transactions, including without limitation the application therefor (collectively, “Transactions”) and each Assignee is authorized to use such information and documents, and share such information and documents with other Assignees, in connection with potential Transactions, (4) each Assignee will rely upon the accuracy and completeness of such information and documents, (5) NF, Assignees, and each of their representatives, successors, assigns and designees (collectively, “Recipients”) are authorized to request and receive any investigative reports, credit reports, statements from creditors or financial institutions, verification of information, or any other information that a Recipient deems necessary, (6) Applicant waives and releases any claims against Recipients and any information-providers arising from any act or omission relating to the requesting, receiving or release of information, and (7) each Owner/Officer represents that he or she is authorized to sign this form on behalf of Merchant.(8) I consent to receive direct mail, faxes, text-messages, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (9) this request is for business and not for consumer purposes.

 

For Equipment Services:

I hereby certify: (1) the information provided is true and correct, (2) you are hereby authorized to investigate all bank, credit, and trade references, and said references are hereby authorized to release any requested information to you or your nominee, (3) such authorization shall extend to obtaining personal credit profile in considering this application and subsequently for the purposes of update, renewal or extension of such credit or additional credit and for reviewing or collecting the resulting account, (4) this information may be transmitted by us to you and by you to underwriter(s) for the purpose of granting me credit, either electronically or manually, and that by submitting this application, I take full responsibility for transmission thereof, (5) I am over 18 years of age, (6) I acknowledge my rights under the Fair Credit Reporting Act, (7) I consent to receive direct mail, faxes, text-messages, and e-mails sent by National Funding and its affiliates for the purposes of transmitting account updates, requests for information and notices, and (8) this request is for business and not for consumer purposes.

 

Text Messaging:

By providing my wireless phone number to National Funding, Inc., I agree and acknowledge that National Funding, Inc. may send text and multimedia messages to my wireless phone number for any purpose. I agree that these text or multimedia messages may be regarding the products and/or services that I have previously purchased and products and/or services that National Funding, Inc. may market to me. I acknowledge that this consent may be removed at my request but that until such consent is revoked, I may receive text or multimedia messages from National Funding, Inc to my wireless phone number.

  
The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status or age (provided the applicant has the capacity to enter into the binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. If for any reason your application for business credit is denied, you have the right to a written statement of the specific reasons for the denial. To obtain the statement, please write to National Funding Inc., 9820 Towne Centre Drive, San Diego, California 92121. Funding amount and credit approval is subject to a full credit profile review.

Types of Construction Business Loans

Small Business Loans

Small Business Loans

Secure the capital you need
to pay for materials, hire workers
or combat the slow season.

$5,000 to $500,000

Learn More

Equipment Financing and Leasing

Equipment Financing
and Leasing

Purchase or lease equipment
for your construction business.

Up to $150,000

Learn More

How Construction Business Loans Can Help You

Running a construction or contracting business comes with many challenges unique to the industry. For example, bad weather can double the time it takes to complete a project. The high level of employee turnover also makes finding and retaining high-quality workers difficult. It might seem overwhelming to manage cash flow through these unexpected ups and downs. That's where business loans for contractors and construction companies can help.

Hire More Workers

Hire More Workers

• Address hiring needs for larger projects with construction business financing
• Replace workers as needed to solve for the high turnover rate in the construction industry

Challenge Competitors

Challenge Competitors

• Have cash on hand to compete for business with larger companies
• Feel secure bidding for bigger projects knowing you have funds to upgrade equipment or hire workers

Purchase Equipment

Purchase Equipment

• Use equipment leasing and financing to purchase or lease new or used equipment
• Use funds for office equipment or CAD software in addition to heavy equipment

Manage Cash Flow

Manage Cash Flow

• Address uncertainty while you wait for bid approval or final scope of a project
• Maintain capital to manage daily expenses during the slow season

How to Apply

Small business construction loans are easier to secure than ever. With National Funding's
online application, it only takes a few minutes to apply. Get started today and a dedicated
Loan Specialist will contact you to help tailor a loan for your needs.

How to Apply

How to Apply

What Customers Are Saying

John Meier, Owner

Bob’s Home Heating & Cooling

It was time for "Bob" to retire, which meant opportunity for John. As he looked to buy the business, he needed to make sure capital was in place to support the extremely seasonal Minnesota-based business. With a hands-on, consultative approach to small business loans, National Funding helped secure the right amount of funding and made the process "painless."

Why National Funding?

Even within the construction industry, no two businesses are alike. Work with a lender who listens to your concerns and understands your goals.
At National Funding, we've helped thousands of business owners find the perfect financing solution. Our
construction business loans are customized to fit the needs and budget of your business.

We Know Construction Businesses

We Know Construction Businesses

Experience supporting
construction business owners

Trusted by Businesses Like Yours

Trusted by Businesses Like Yours

Over $3 billion in funding to more than
50,000 businesses nationwide

Personalized Experience

Personalized Experience

Lending solutions and payment options
tailored to your specific needs

Fast & Easy Application Process

Fast & Easy Application Process

No-cost, no-obligation application
with funding in as few as 24 hours1

Loan Specialists Who Care

Loan Specialists Who Care

Experienced Loan Specialists help
you make the right decision

Worry-Free Lending

Worry-Free Lending

No collateral requirements, plus simple,
automatic payments

Construction Business Resources

Funding a construction business has a lot of moving parts. Literally. There's more to financing your business than
choosing a funding amount and applying. So whether you’re looking to learn more about the mechanics of construction business loans
or how to get the most out of them, you can dig deeper with these blog articles.

Why Construction Workers Should Stay Up to Date With Technology

Why Construction Workers Should Stay Up to Date With Technology

The construction industry moves quickly, and advances in technology are even faster. As a construction business owner, you have to keep up if you want to get ahead. This isn't always easy. After all, if a process or system isn't broke, why fix it? It might be expensive to make these changes up front, but it's also worth it. Find out why you should invest in technology and how business loans for contractors could be the financial answer.

Read More

How to Practice Efficient Cost Control in Construction Management

How to Practice Efficient Cost Control in Construction Management

As a construction business owner, you’re probably all too familiar with the challenges facing the construction industry —like finding work for your business year-round or keeping skilled laborers on the payroll. Practicing efficient cost control, however, is a core aspect of running a successful construction business. It can help ensure you have the resources you need when and where you need them and can help you increase profits. Use this post to help you learn more and create a cost control plan for your business.

Read More

How to Overcome a Shortage in Skilled Construction Labor

How to Overcome a Shortage in Skilled Construction Labor

You might feel overwhelmed by the difficulty in keeping a steady supply of skilled laborers available. So what’s the solution here? There are many ways construction businesses can work to overcome the current construction labor shortage. There is a series of small, incremental solutions that you can put to work, along with financial investments, can help you define an action plan for moving forward.

Read More

Ratings & Reviews

As a leader in business lending, we're proud to help construction business owners like you.

Disclosures

Legal Disclosures

True to our mission, we encourage you to read the following policies and learn how they affect you as a client.

 

(1) 24 hours:

Fast approvals and 24 hour funding subject to receipt of required documentation, underwriting guidelines, and processing time by your bank. Funds are deposited into your business checking account as soon as the next business day after approval and acceptance of terms.

 

(2) Early payoff discounts:

National Funding offers special opportunities for its customers to terminate contracts early and receive a discount in the process.  Equipment Finance customers who pay off the total remaining balance early,  at any point during the contract, will automatically receive a 6% discount off the total remaining balance.   Working Capital customers who pay off the total remaining balance in full within the first 100 days of the contract will automatically receive a 7% discount off the total remaining balance.  We do not currently offer a discount on our lease contracts. Customers must pay off the balance in full, be current, and in good standing to take advantage of the discount within the time parameters.

 

(3) Automatic payments:

Loan payments are withdrawn via Automatic Clearing House (ACH) Monday through Friday excluding bank holidays.

 

(4) Wide variety of payment options:

  • Equipment Financing: payments are remitted monthly with terms of 2-5 years
  • Working Capital Loan: payments can be remitted daily or weekly with terms of 4 months up to 24 months

 

(5) Potential Tax Savings:

The Section 179 Tax Deduction allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. Meaning, if you buy (or lease) a piece of qualifying equipment, you can deduct 100% of the purchase price from your gross income. You can secure the equipment, tools, and technology you need, while also taking advantage of significant tax deductions - up to $1,000,000. Consult your tax professional for more details.

 

(6) Guaranteed lowest payment:

Pursuant to the terms and conditions specified in these Rules and Restrictions of the Guaranteed Lowest Payment, National Funding guarantees to provide the lowest payment on equipment leased through National Funding, for lease terms from 24 to 60 months, or to pay $1000 towards qualifying executed leases. Lease payment comparisons must be based on a lease in excess of $10,000, for approved equipment, and with the same terms and conditions as those offered by National Funding within seven days that the National Funding terms are issued. To be eligible, customers must provide a competitive lease quote without contingencies, and vendor invoice, and in the name of the lessee within seven calendar days of the date National Funding issues its terms. Guarantee only valid on competitive equipment leases. Equipment finance agreements do not qualify.

In the event that the monthly lease payment amount from the competing lease company or bank is lower than the monthly payment that is being offered by National Funding for the same equipment and pursuant to the same terms, National Funding will verify the validity and accuracy of the competing leasing company’s or bank’s payment options, terms and the vendor quote. National Funding has the option, in its sole discretion, to either beat the competing leasing company’s or bank’s monthly payment rate, or pay $1000 to the lessee. The lessee must provide National Funding with the competing company’s or bank’s signed lease agreement with payment terms/options, and take delivery of the equipment. Payments will be made within 30 days, and lessee is responsible for any taxes.

The Guaranteed Lowest Payment is available to both new and established customers of National Funding. This offer is valid for new lease applications only. The Guaranteed Lowest Payment is not retroactive — a previously funded equipment lease with National Funding is not eligible for the Guaranteed Lowest Payment. Only non-contingent offers of lease terms and payment are eligible. Offers made to lessee that include subsidization by manufacturers and/or vendors will not be considered in comparing competing offers.

The Guaranteed Lowest Payment may be discontinued at any time without notice.

To participate in the Guaranteed Lowest Payment program, if you have a lease agreement and vendor quote which you believe will qualify for the program, contact your National Funding Lease Manager.

 

(7) Terms and Conditions apply:

This is not a guaranteed offer of credit. Loans subject to lender approval. Approval amount is based on eligibility determined by information obtained from Dun & Bradstreet. Actual eligibility may vary. Restrictions may apply. Application is subject to approval by the lender and is based on factors such as business type, time in business, annual sales, average bank balances, personal credit and other variables deemed relevant by the lender.