If you install windows, handle electrical work or run another construction trade, you may be working for a general contractor rather than the final customer. That puts another payment schedule between your completed work and your bank account.
The contractor may take 30, 60 or 90 days to pay. Your employees still expect payroll on time.
Good work can create a funding gap
We understand why a construction company can have work, invoices and a real business while still needing working capital. Materials and labor often have to be paid before the job turns into collected cash.
The question is whether the incoming payment is reliable enough and the job profitable enough to support the funding cost.
We want to know the contract, the billing schedule, the payment history and any conditions that could delay collection. An invoice on paper is useful. Understanding when it will be paid is even more useful.
Equipment is a separate conversation
Construction businesses may also have equipment needs. Buying a machine, refinancing existing equipment and covering payroll are different uses of capital. We do not want to force all three into the same product.
If the equipment qualifies, a dedicated equipment structure may fit. If the issue is an interim cash-flow gap, we can review available working-capital options or receivables-based alternatives.
Watch the video
Business Funding Explained: How Different Industries Use Capital
Let’s talk about your business
Bring Tree of Life Funding the full situation. Tell us what work you have, what you are owed and what needs to be paid before the customer pays you. Start at treeoflifefunding.com/apply.
