Construction Business Loans & Financing
Capital solutions for contractors, builders & construction companies
- Apply free — no impact to your credit score
- Funding as fast as same business day
- 75+ lenders competing for your business
75+
Lenders
$500M+
Facilitated
5.0
Rating
Get your offers
How much do you need?
No hard credit pull · Takes 5 minutes · No obligation
Simple Process
Four steps to construction funding
We've simplified the process so you can focus on running your business, not chasing lenders.
Apply in 5 minutes
Answer a few simple questions about your business. No paperwork, no branch visit.
We shop 75+ lenders
Your application goes to our entire lender network simultaneously. One application, many offers.
Compare your offers
See real offers side by side. We help you understand every term so you can choose with confidence.
Get funded fast
Accept an offer and funding can hit your account in as little as 24 hours.
Free · No credit impact · 5 minutes
Industry Expertise
We know the construction business.
Construction businesses face unique cash flow challenges: you often need capital before a project pays out. Whether you need to purchase equipment, cover payroll between draws, or bond a new contract, Approvd connects construction companies with lenders who understand how construction financing works.
Use your funds to:
- Cash Flow Gaps Between Draws — A business line of credit bridges the gap between when work is done and when payment arrives.
- Equipment & Vehicle Financing — Term loans with equipment as collateral make it easier to acquire heavy machinery without draining reserves.
- Payroll Coverage — Ensure you can make payroll every two weeks regardless of where you are in a project payment cycle.
- Bonding & Insurance Requirements — Working capital financing helps meet bonding requirements to qualify for larger public contracts.
"We needed equipment fast for a new contract. Approvd got us $150K in 48 hours — no long bank process."
Derek T.
Construction Business Owner
Available Products
Financing options for construction businesses
The most popular financing types that construction businesses qualify for through Approvd.
Business Line of Credit
Draw funds for materials and payroll during project gaps, then repay as draws come in
Business Term Loan
Finance equipment purchases, vehicles, or capacity expansion with fixed monthly payments
Revenue-Based Financing
Fast capital with flexible repayment tied to revenue — ideal for contractors with variable project timelines
SBA Financing
Best long-term rates for established construction firms looking for major equipment or real estate
Qualifications
Do you qualify?
Most constructionbusinesses that apply through Approvd meet these basic requirements. If you're not sure, apply anyway — our advisors will find the best option available to you.
Ready to find out?
Apply in 5 minutes and get real offers from lenders who specialize in construction financing. No obligation. No hard credit pull.
Common Questions
Questions from construction business owners
What is the best loan for a construction company?
It depends on your need. For ongoing working capital between draws, a business line of credit is typically best. For equipment purchases, a term loan or equipment financing is ideal. For long-term growth capital, an SBA 7(a) loan offers the best rates.
Can a contractor get a business loan with no collateral?
Yes. Many alternative lenders offer unsecured business loans and revenue-based financing for contractors without requiring hard collateral. These are typically smaller amounts (under $500K) and require strong revenue.
How do construction companies handle cash flow gaps?
The most common solution is a business line of credit — draw what you need when you need it, and repay as draws come in from clients. This is more efficient than taking a lump-sum loan for cyclical needs.
Can a new construction company get financing?
With 6+ months in business and consistent project revenue, many lenders will consider construction company applications. Revenue-based financing tends to be the most accessible for newer contractors.
Ready for funding?
See what you can qualify for through the Approvd marketplace. Apply free — no impact to your credit score.