Construction Business Loans

Get a revolving line of credit for construction companies and contractors

What's your desired credit limit?

What repayment term works for you?
How often do you want to make payments?

Weekly Payment Amount*:

$424.00 Apply Now

We’re currently accepting new customer applications. Applying will not impact your credit score.

Applying will not impact your credit score.1

*This business loan calculator assumes a monthly interest rate of 3.3% and a 2% draw fee. Your interest rate and credit limit may vary based on your application. No draw fee in CO, GA, IN, NJ and OK.

The costs of running a construction company can be substantial. Maintaining and replacing equipment, buying materials, and making payroll are all recurring expenses that require constant and reliable cash flow. With contractor loans and construction business loans, your business can operate at full strength. Alternately, a business line of credit can be exactly what your firm needs to overcome seasonality and smooth out the capital requirements of large expenditures.

How Construction Business Loans Can Help Your Business

working capital

Working Capital

It can take time to get paid for work completed. Construction business loans can help cover any payment delays.

no waiting

No Waiting

Don’t let working capital constraints keep you from growth. Borrowing money lets you start new projects, even as you’re waiting to get paid for your last projects.

buy equipment

Buy Equipment

Purchase equipment outright, rather than using subcontractors or third parties. Using your own equipment can save you money in the long run.

hire crew

Hire More Crew

Ramping up your workforce is important when you're expecting more jobs, but all the new workers cost money. Get the funds you need until the new work starts paying.

Where Can I Get Funding for Construction Companies?

Construction companies have a wide range of options when it comes to seeking small business loans. Possibilities include bank loans, Small Business Administration (SBA) loans, business credit cards and alternative business loans. Today, more and more companies are considering alternative business loans for their ease and flexibility.

Often offered online, alternative business funding can be a good source of contractor loans and construction business loans. These loans get owners and contractors access to capital without the onerous, time-consuming process of a traditional bank loan. Easy applications and sophisticated underwriting models allow applicants to quickly find out if they qualify and to secure funds, even with less-than-perfect credi.

Apply for a Headway Capital Business Line of Credit

Headway Capital offers a True Line of Credit™ with no hidden fees for construction companies and contractors. A construction business line of credit can help you meet your business needs, including hiring, training, marketing, purchasing equipment and taking care of day-to-day expenses.

Credit Line

Up to

Repayment Term

12, 18 or 24 months

Payment Frequency

Weekly or monthly

Loan Type

Business line of credit

No Hidden Fees

See our Rates & Terms for details

Clear Cost

Clear payment terms, interest does not compound, no penalty for early payoff

Why Choose Headway Capital?

We See the Big Picture

We look beyond your credit score in evaluating your business.

We’re Flexible

Borrow what you need, when you need it, and pay it back according to your own schedule.

We’re Sensible

Make multiple draws (up to your credit limit) and only pay interest on what you borrow each time.

We’re Transparent

Upfront rates and no hidden fees mean you’ll always know what you’ll owe.

Headway Capital is rated 9.1 out of 10 based on 147 reviews on Trustpilot

FAQ About Contractor Loans and Construction Business Loans

Construction projects are often financed with construction loans. These loans are often provided by local credit unions or banks, but not all businesses will qualify for those types of loans. For those businesses, an alternative lender may be a good fit.

1We always do a soft inquiry unless your credit file is restricted, in which case we would ask you to contact the credit bureau to lift the restriction. Doing so may result in a hard pull.