Funding for Construction Companies
The construction and contracting industry are humming with client requests for custom homes, remodeling, offices and additions, and specialty contractors like electricians and plumbers are also feeling the recent boost in business. But between fronting the cost of building materials, unexpected weather delays and late paying clients who also required multiple change orders, craftsmen can get caught up in balancing the costs of materials and labor with invoices and cash flow. Many contractors get stuck in this middle area where they’re forced to hire more people because they can’t handle the workload, but profits aren’t any higher. Inability to get funding shouldn’t be a reason to not grow. With extra working capital from Prompt Capital Funding, you can calculate the overhead costs of expansion and create a smart business plan to take your company to the next level. We make laying the groundwork for success that easy.
By choosing Prompt Capital Funding as your alternative funder, you’re not just getting affordable capital, you’re building a long-term relationship for financial success. We believe in 100% transparency and will explain everything about your plan, down to the fixed terms and automated payments. The application is free and simple, so you’ve got nothing to lose! Prompt Capital Funding’s in-house underwriting team makes the qualification process fast, not to mention customized. No two businesses are the same so why should your financing plans be? With our boutique funding style, you can get a personalized plan tailored to fit your business’s unique needs and growth goals. Because we are staffed with an experienced in-house team, we’re able to offer flexible options and live price changes to companies that don’t qualify for traditional bank loans.
Fund Bigger Projects
With more funding for your construction company, you have the ability to take on bigger projects with your team. The bigger the project, the more money is needed to get started. And with bigger projects, more profit is generated. With Prompt Capital Funding we can help you grow your business.
Funds For Payroll Needs
Sometimes during long projects, you need to consistently pay your workers. Depending on your agreement with your customer, you may not receive all the funds you need to keep going in the beginning of the project. With funding, you can keep payroll consistent.
New Tools and Machinery
Better tools and machinery always has a better outcome. Better Efficiency. Use funds received from our program to purchase new tools needed for your big projects. With the right equipment you can get your job done faster and better, which leads to a larger ROI on your project.
Hire More Workers
You can use funds recieved to hire new workers for your construction projects. With the ability to take on more projects, you will most likely need more workers. As company growth increases so does your number of employees, which is a greeat sign!
Expand to New Locations
With more cash in the bank, you can always find more ways to expand your business. Many clients use fund to open or service new locations. With this your company can grab a bigger marketshare of projects across several regions.
Use Funds For Anything
When getting funds from Prompt Capital Funding, you choose where and how to allocate the aquired funds thats best for you and your company. We just provide you with the means to do whats necessary through funding.