Materials and mobilization
List supplier deposits, delivery dates, rental costs, and the work required before you can bill the customer.
Funding for business owners
Working capital for construction businesses.
Materials and crews often need to be paid before the next customer payment arrives. Build your funding request around the project cash schedule and a realistic plan for delays.
Business-purpose funding. Subject to underwriting, verification, and program availability.
Connect the request to a project cash need
Payroll between payments
Map crew costs against billing milestones and expected collections. Include the possibility of a delayed approval or disputed item.
Equipment and tools
Compare purchase, rental, and repair costs against utilization across booked work. Include transport, maintenance, and downtime.
Taking on more work
Check whether additional crews, supervision, insurance, or supplier capacity will be needed before extra revenue arrives.
Compare funding structures for contractors
A business line of credit may support repeated draws for project timing gaps, subject to the account’s limit and conditions. Equipment financing is tied to an eligible asset. A term loan can be considered for a defined investment.
If considering an MCA, compare its collection schedule with the way your business actually receives payments. Large but irregular invoices may not align with frequent automatic collections. Ask about the product’s specific terms and available alternatives.
This page concerns operating-business funding. It does not advertise residential construction mortgages, project development loans, or guaranteed financing against a signed contract.
Plan for a delayed progress payment
Illustration: $35,000 in materials and $20,000 in payroll create $55,000 of costs before the next progress payment. With $15,000 of available project cash, the initial gap is $40,000. If a delay adds $10,000 in costs, the planning gap becomes $50,000 before financing charges. This is an example, not a funding quote.
Keep the customer payment assumption separate from confirmed cash. Use a 13-week cash-flow forecast to test timing before accepting a payment obligation.
Starting requirements and documents
Logic’s published guidelines start at $25,000 in monthly business revenue. MCA and line-of-credit guidelines start at six months in business; equipment and term-loan guidelines start at one year. Credit requirements and additional conditions differ by product. Meeting a minimum does not guarantee approval.
- Prepare a signed application and four recent, complete business bank statements.
- List current loans or advances, remaining balances, and payment schedules.
- Explain the amount requested, its business purpose, and your desired timing.
- Have identification, ownership details, and any additional records ready when requested through the approved channel.
Review the current product requirements and our bank statement preparation guide.
Prepare the details behind your request
A project budget, expected billing dates, open receivables, and equipment quotes can help explain the request. They supplement the required application documents; a contract alone does not guarantee funding.
Compare the offer, not just the payment
Request the net amount your business will receive, total payment or remittance obligation, all fees, payment frequency, and expected duration. Review liens, guarantees, early-payment treatment, and any reconciliation provisions. A factor rate on an MCA is not APR.
Use our side-by-side funding offer guide and daily versus weekly payment guide to organize the details before deciding.
Explore other business funding guides
Browse all industry funding guides or compare funding products.
Questions business owners ask
Does a signed construction contract guarantee approval?
No. Underwriting reviews the operating business and requested product. A signed contract does not guarantee collection or a financing offer.
Can funding cover construction materials and payroll?
These may be eligible business uses, depending on the product and agreement. Explain the project, amount, and timing in your request.
Is this a construction mortgage?
No. This page describes business working capital and equipment-related options for operating construction businesses, not real-estate development or home-building mortgages.
What if a customer pays later than expected?
Test that scenario before accepting an offer. Review your reserves, supplier terms, and the proposed payment schedule; contact the provider promptly if cash flow changes.
Take the next step with Logic Advance
Have a funding purpose, an amount, and a timeline in mind? Start an application or speak with our team about the next steps for your business.
Business-purpose funding. Subject to underwriting, verification, and program availability.
These pages explain funding considerations and starting guidelines, not a funding offer. Product availability, amounts, costs, security requirements, and timing depend on the specific program and your business.