Utility Contractors Business Lines of Credit Illinois
Are you a utility contractor in Illinois? Want to apply for small business loans or LINE OF CREDIT online without a lengthy application process? Want to receive a decision quickly, easily and in the comfort of your own office or home 24 hours a day? We offer lending options from $15,000 to $1,500,000, for terms from a 6 up to a 60 month period. We also have a Line of Credit Option Available. We'll give you an answer in just 24 hours, with funding in as fast as 1 business days. Construction owners can easily receive the capital they need with the ability to pay it back quickly and in small amounts. No surprises and no large lump sums due at month's end. No invoices or contacting your clients!
Complete our basic criteria below and apply for our small business loans online. A Loan Specialist will call immediately.
Business Lines of Credit Utility Contractors Illinois.
In today's construction business there are many demands for a small construction company or contractor. 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:
24 Hour funding without the invoices or receivables
No Need to Contact the contractors clients
Line of Credit option available for qualified contractors.
You do not need to sell your invoices or assign your invoices
No Need to verify invoices or concerns about retainage
No need for UCC's or No Lien on Equipment
No lengthy bank approval process or additional liens on home or business property
Easy contractor working capital to cover payroll
Contractor Financing to purchase materials
Gain Additional Financing to secure larger work orders and contracts!
No Loan Payments for up to 30 days for some programs!
Chicago Utility Contractor. Companies and contractors 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 can also work behind a current factoring line and provide additional financing. 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.
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