Working Capital Loans for Contractors Salt Lake City Utah
Working Capital loans for Contractors Salt Lake City Utah.
In todays construction business there are many demands for a small construction company or contractor.
Receive an unsecured LINE OF CREDIT for your contracting business. No Receivables NEEDED. Rates from 6.99%
Unsecured Terms Loans from 10.99% up to 10 years.
Concerns with paying vendors, purchasing new equipment or materials and the constant requirement to cover payroll and pay your contractors. If you have a large construction project do you need additional capital? Are you looking to finance your future projects? A line of credit option may be available. The construction line of credit will grow as you grow.
Even more difficult is the task of a construction company trying to get financing from a bank. Most local banks do not like to loan to construction companies. Banks require longer times in operation and a very strong balance sheet and tax returns. Other lenders require extensive collateral such as real estate, invoices or equipment
When contractors deals with large GC's invoice factoring is not an option. They cannot go through the hassle of invoice factoring and a factoring company contacting their clients. Our Line of Credit product will not need to contact your clients.
That is where we can help. If the contracting company has had consistent work over the past 6 months we can offer them a Bank Statement only business Loan or a business revenue loan.
With our unsecured contractor loans or contractor Lines of Credit we offer:
Construction companies and contractors in Salt Lake City Utah have found our loans the best deal out there. When their banks takes weeks to declined them or when a factoring company cannot help them we step in.
We are not concerned about invoice or balance sheets. We are only concerned about your cash flow and projects. If you have a large construction project coming up and you need working capital for whatever reason we can help.
Contact us today to discuss
888-317-6012 ext 101
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