Construction Funding
Working capital for contractors and construction companies.
Cover materials, payroll, and equipment between draws and GC payments: $10K to $2M for contractors, subcontractors, and construction staffing firms.
How much do you need?
Funding amount
Industry
Overview
What contractors use funding for.
Contractors pay for materials and labor long before a draw or final payment clears. One late job can stall the next three. Lenifi funds you on your deposits, so crews keep working and you can take the next contract.
- Buying materials before a draw payment arrives
- Making payroll for crews between project payments
- Purchasing or repairing heavy equipment and vehicles
- Covering bonding, permits, and licensing costs
- Taking on a larger contract than current cash allows
- Bridging seasonal slowdowns in winter months
- Subcontractors waiting 30–90 days on a general contractor's payment
- Construction staffing firms covering weekly payroll before invoices are paid
- Bridging retainage held back on finished work
Why Lenifi
Why contractors choose Lenifi.
Built for draw schedules
Lumpy deposits are normal in construction. We read the pattern instead of penalizing it.
Fast enough for a job start
Same-day decisions and funding, typically 2–6 hours after approval, keep projects on schedule.
No liens on equipment
Revenue-based funding means you don't pledge trucks, tools, or machinery.
General and specialty trades
GCs, electricians, plumbers, HVAC, roofing, concrete, and landscaping all qualify.
One funding desk
In-house underwriting and one point of contact from application to funding.
$10K to $2M
From a materials order to a fleet or crew expansion.
How contractors use revenue-based funding
Construction is a float business. You buy materials, pay crews weekly, then wait on progress draws, retainage, and the general contractor's payment cycle. Retainage alone can hold back five to ten percent of a job for months after the work is done. Win two big jobs at once, and your reward is a cash crunch.
We fund against your deposits, not a specific contract. No assignment of the job, no notice to the general contractor, no lien on equipment. Your customer never sees the funding, and you can bid work without explaining your financing. Underwriting starts at three months of business bank statements, six months in business, and $15,000 in monthly deposits.
Contractors most often use advances for materials on a new job, mobilization and crew payroll before the first draw, equipment repair or purchase, bonding and insurance, or bridging retainage on finished work. Amounts commonly run $20,000 to $500,000, with fixed daily or weekly payments over six to twelve months.
The construction-specific risk is sizing an advance to the job instead of the business. One large contract can justify a big number on paper, but repayment comes out of daily deposits whether or not that job pays on time. We size to what your account can carry through a slow stretch, not to the contract's value.
Monthly deposits
What a $75,000 advance looks like for a contractor
A commercial contractor with $210,000 a month in average deposits covers materials and mobilization on a new job before the first draw.
- Advance amount
- $75,000
- Factor rate
- 1.38
- Total repayment
- $103,500
- Term
- About 10 months
- Daily payment (weekdays)
- About $483
- Time from application to funding
- Same day (2–6 hours after approval)
1.38 is a common middle rate, not a floor or a cap. Your rate comes from your own file: deposits, time in business, and existing advances all move it. Illustration only. Run your own figures through the funding calculator.
Eligibility
What you need to qualify.
Four simple requirements. Meet these and you're a strong candidate.
6 Months in business
Business checking account
$15K+ Monthly revenue
500+ Personal FICO score
FAQ