Are you stuck in the can’t-get-ahead cycle? Trying to grow your business but finding that cash flow problems lead to paying higher prices for materials, which leads to the inability to bid bigger, more profitable jobs (that would help with the cash flow problems in the first place)? 

This is a frustrating situation that many contractors find themselves in, so you’re not alone. The good news is there is a way to break the cycle. It’s time to look beyond traditional funding sources and try something new that’s tailored specifically for your construction business.

We’re all familiar with how long it can take to receive payment for a job completed. Even if you complete your work toward the beginning of a project, many owners and/or GCs withhold retainage until the project is further along in the process.  

Because of this typical practice, it can be nearly impossible to begin new projects without some sort of funding for materials. You’re still waiting to be paid for your last job, so you can’t afford the next one. It’s a vicious cycle, and many contractors resort to bank lines of credit or business credit cards to get by. 

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