Industries we fund · Construction & Contractors
Working capital for construction businesses
Construction money arrives in draws and finals - but crews, materials, and equipment rentals bill weekly. The gap between mobilization and first draw is where good contractors get squeezed.
Clearwater places construction files with funding partners that already know the industry: $10K to $2M, sized off your real bank deposits, with no hard credit pull to apply. Searching for construction business loans? What we place is revenue-based funding - an advance repaid out of daily deposits - and this page explains exactly how it prices so you can compare honestly.
How funders read a construction file
Contractor files show lumpy deposits, and funders know it. What they want to see: the lumps recur. A GC whose book shows a five-figure draw landing most months prices fine despite gaps between them. Materials-heavy trades (concrete, roofing, framing) support advances well because capital converts directly into billable jobs. New contracts and signed change orders strengthen the story - mention them, because a file with a pipeline reads differently than one without.
What construction businesses use the capital for
- Mobilization costs on a new contract before the first draw
- Materials buying at volume pricing
- Equipment rental or purchase for a specific job
- Payroll bridge between draw schedules
What the numbers look like
Most files support roughly half to 1.4 times monthly bank deposits - where a file lands depends on deposit consistency, time in business, and existing positions. As an illustration only: a construction business depositing $50,000 a month might see an advance around $45,000, repaid as about $283 per business day until a fixed $59,400 is paid. The total is fixed on day one - it never compounds or grows - and most deals carry prepayment discounts, shown with your offer.
| Advance range | $10,000 - $2,000,000 |
| Monthly revenue floor | $10,000 in business deposits |
| Time in business | 6+ months |
| Credit | Cash flow weighs more - scores from 450 workable |
| To apply | No hard credit pull. 4 months of statements + month to date |
Construction & Contractors funding questions
My deposits are irregular because of draw schedules. Is that a problem?
Not by itself. Funders read contractor files for recurring lumps, not smooth curves. Four months showing draws landing regularly - even irregularly spaced - supports an offer.
Does a signed contract help me qualify?
It strengthens the file. Capital that converts directly into a billable job is the easiest story in this industry - tell us about the contract when you apply.
Can subcontractors qualify or only GCs?
Both. Subs with steady GC relationships often have more consistent deposits than the GCs they work for, which funders like.
See your number, not a sales pitch
Two minutes, no hard credit pull, and the estimate is sized off your real deposits.
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