Why a framing contractor seeks financing
Framing contractors face tight margins between material prepayments and progress billing. Cash flow gaps can stall payroll or delay lumber orders, forcing owners to seek working capital to bridge the gap between draws.
We are a broker, not a lender, so we match that need to a lender that understands the industry instead of forcing one product.
Common uses of capital
Business-purpose funding a framing contractor might use for:
- Prepay for lumber and engineered wood orders
- Cover payroll during between-draw periods
- Purchase or repair framing nailers and compressors
- Lease or buy a new telehandler or forklift
- Fund deposits for multiple concurrent job starts
Products that tend to fit
Depending on the situation, that can be a term loan, a line of credit, equipment financing, an SBA loan or invoice factoring.
Equipment Financing
Equipment financing funds trucks, machinery, kitchen gear and other hard assets, usually with the equipment itself as collateral.
SBA Loans
SBA loans are bank loans partially guaranteed by the U.S. Small Business Administration, often used for larger or longer-term needs.
Business Line of Credit
A business line of credit is a revolving limit a business can draw on, repay and draw again as working capital needs move.
Honest about terms
Rates and terms for a framing contractor are set by the lender and depend on revenue, time in business and credit. We do not promise a rate, an amount or approval, and we label any sample figure as an estimate.
Marketing, tech and calls too
Beyond financing, Sugar Land HQ helps a framing contractor grow with SEO, lead generation, websites, automation and a call center for outbound and inbound work.