CONSTRUCTION BUSINESS LOANS
Fast Funding Between Draws and Deadlines
Built For Contractors
Financing That Matches How A Construction Business Actually Gets Paid
Dash Capital underwrites construction business loans around your deposit history and cash flow, not a rigid credit score cutoff, so a strong quarter of billed work carries more weight than a single slow draw. Whether you’re mobilizing on a new contract or bridging payroll between draws, our working capital loans are built to move at the speed a job site actually needs.
- No minimum credit score for working capital
- Funding in 24 to 48 hours
- Use funds for materials, payroll, or mobilization
- Access to 100 lenders, not one offer
- No upfront fees to apply
- Terms built around draw schedules
Financing Options
Three Ways Contractors Fund Growth With Dash Capital
Here’s how our core products map to the most common reasons contractors come to us.
Working Capital
Term Loan
Line of Credit
The Job Site Reality
Why Construction Financing Looks Different From Other Small Business Loans
A typical commercial build might require a 30 percent mobilization deposit with the rest paid on a draw schedule, but materials, crew payroll, and equipment rental all have to be paid before that first draw clears, which can take 30 to 60 days. Retainage of 5 to 10 percent on every draw stretches that gap even further. Dash Capital’s working capital loans exist specifically to bridge that timing gap.
- Draws can take 30 to 60 days to clear
- Retainage holds back 5 to 10 percent of every payment
- Crew payroll runs weekly regardless of draw timing
- Booked contracts make revenue easy to verify
How We Underwrite
Approved On Cash Flow, Not Just Credit
Dash Capital reviews your last four months of bank statements and deposit history instead, which means a contractor with strong, consistent billing can qualify even while waiting on a draw or a retainage release. Read our guide on what credit score you need for a small business loan to see how this compares to a traditional bank application.
- 4 months of bank statements, not tax returns
- Deposit history weighed over credit score
- No hard credit pull for working capital
- Consolidation options if you carry existing advances
Real Contractors
Trusted By Construction Businesses Across Michigan
A 4.9 out of 5 rating built one funded contractor at a time.
Get Construction Funding In 3 Simple Steps
Apply Online
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What Sets Us Apart
Financing Built Around A Contractor's Real Numbers
No Minimum Credit Score
Same-Day Decisions
$10,000 to $500,000
Built Around Draw Schedules
Minimal Paperwork
What types of business loans does Dash Capital offer construction companies?
Dash Capital offers working capital loans for payroll, materials, and mobilization, fixed-rate term loans for equipment or fleet vehicles, revolving lines of credit for the gap between draws, and SBA-backed term loans for contractors who qualify for government-supported rates.
Rather than pushing every applicant toward one product, we match your project pipeline and cash flow pattern to whichever option fits, drawing from a panel of more than 100 lenders instead of a single credit box.
How fast can my construction business get approved and funded?
Most working capital applications get a decision the same day they’re submitted, with funds landing in your account within 24 to 48 hours of approval.
SBA loans and larger equipment financing take longer, typically one to three weeks, since they involve more documentation and a formal underwriting review. If a crew needs to mobilize Monday morning and the first draw is 30 days out, working capital is almost always the faster path. See our guide to how long business loan approval takes for a full breakdown by product type.
Do I need a certain credit score to qualify?
There is no minimum credit score requirement for working capital. We underwrite primarily on your business bank deposits and cash flow, which means a contractor waiting on a slow-paying draw can still qualify if the deposit history supports it.
SBA financing does involve a credit check, since it follows federal guidelines, but our working capital and line of credit products do not require a hard pull. Read what credit score you need for a small business loan for the full picture across loan types.
What can I actually use a construction business loan for?
Contractors use financing from Dash Capital for crew payroll between draws, material deposits, mobilization costs, equipment rental or purchase, permit and bonding fees, adding a crew to take on more work, or consolidating existing high-cost merchant advances into one manageable payment.
There is no restriction on use of funds once a working capital loan is approved, so the money goes wherever the job needs it most that week.
How much can my construction business borrow?
Loan amounts typically range from $10,000 for a smaller material deposit up to $500,000 or more for larger contractors with strong, consistent billing volume.
The amount you qualify for is based mainly on your average monthly deposits rather than project size alone, so a small residential contractor and a mid-size commercial GC are evaluated on the same cash flow standard. Our guide on how much a small business can borrow walks through how lenders calculate that number.
What documents do I need to apply?
Applying takes about four minutes and requires your last four months of business bank statements, a signed application, and a voided check or bank letter.
SBA financing requires additional paperwork, including tax returns and a completed SBA application package. For a full walkthrough of the process from application to funded account, see our step-by-step guide to getting a working capital loan.
Can I qualify if a draw is delayed or I have an existing merchant cash advance?
Yes. Delayed draws and retainage holdbacks are a normal part of construction, and our underwriting looks at your full deposit history rather than penalizing a single slow payment cycle.
If your business already carries a merchant cash advance or another loan, we specialize in second-position offers and consolidations when there is still enough cash flow to support new financing responsibly.
What's the difference between a term loan, a line of credit, and invoice financing for a contractor?
A term loan provides one lump sum with fixed monthly payments, best suited to a defined purchase like a piece of equipment. A line of credit is revolving, meaning you draw only what you need between projects and repay as client payments arrive. For contractors sitting on unpaid invoices from a general contractor, invoice financing can advance cash against that receivable directly, while a working capital loan offers the fastest, most flexible option for near-term mobilization and payroll needs.
Do you fund new contractors or only established construction companies?
Most of our products require at least one year in business, since lenders want to see a proven billing and deposit history before extending capital. If you purchased an existing business with its own operating history, or you have strong personal credit and relevant experience, we can explore options even with a shorter track record.
Our guide for first-time business loan applicants covers what to prepare while you build that history.
Why choose Dash Capital over a bank or another lender for construction financing?
Banks typically require two years of tax returns, strong personal credit, and weeks of underwriting, timelines that do not match a crew that needs to mobilize this week. Other online lenders often push every applicant toward the same product regardless of fit.
Dash Capital combines fast, cash-flow-based underwriting with access to more than 100 lenders, a dedicated funding advisor, and same-day answers instead of automated form rejections. Our guide to how a business loan works breaks down that comparison in more depth.
Construction Loan FAQs
Ready When You Are
Get Your Project Funded
Fast Decisions
Most applications get an answer the same day.
No Hard Pull
Working capital approvals skip the hard credit check.
Real Advisors
A dedicated advisor guides you from application to funded account.