We're here to help you build.
Business owners love that Lendio helps them get funding without the headaches.
Commercial construction & contractor financing.
From ground-up builds to contractor cash flow, we help construction businesses secure the right financing fast.
Applying is free and won't impact your credit1
What kind of construction financing do you need?
Construction financing isn't one-size-fits-all. Contractors and developers face very different challenges—that's why Lendio connects you with the right solution for your project.
For contractors and construction businesses
Financing can help contractors cover payroll, purchase materials up front, manage cash flow between projects, and invest in essential equipment.
Read more →For commercial property builders and developers
Construction loans can fund ground-up projects, cover renovations and expansions, provide financing for land and buildings, and offer funding tied to project milestones.
Read more →
Contractor financing: Working capital and equipment loans
Contractors often face cash flow gaps while waiting on client payments, and many projects require expensive equipment up front. With contractor financing, you can access flexible working capital to cover payroll and materials, or secure equipment financing to purchase the machinery your crews need to get the job done.
These options help contractors keep projects on track, bid on bigger jobs, and grow without cash flow delays holding them back.
These options help contractors keep projects on track, bid on bigger jobs, and grow without cash flow delays holding them back.
Commercial construction loans: Building property
If you’re planning to build, renovate, or expand a commercial property, a construction loan can provide the capital you need to bring your project to life. These loans are typically disbursed in stages, or “draws”, tied to progress on the build—helping you manage costs as the project moves forward.
Options like ground-up commercial construction loans, bridge loans, commercial real estate loans, and SBA 504 loans make it possible to finance everything from office space to warehouses.
Options like ground-up commercial construction loans, bridge loans, commercial real estate loans, and SBA 504 loans make it possible to finance everything from office space to warehouses.
Proven construction lending expertise.
Get the answers and the funding you need with support all along the way.
$1.4 billion
in small construction business funding facilitated in the last decade.
4.7 stars
21,500 Trustpilot® reviews.
50% repeat customers.
25,380
construction businesses helped in the last decade.
Lendio knows the construction business.
Being in construction means having a lot of things to manage. With Lendio, you can explore different financing structures to find the one that fits your company’s next big move. Use funds to:
Bridge capital between projects
Purchase supplies and materials
Refinance existing debt
Pay your crew
Invest in marketing
What types of business loans are available for construction financing?
Business line of credit
A business line of credit gives contractors flexible access to funds they can draw on as needed—similar to a credit card, but with higher limits and lower rates. You only pay interest on what you use, making it ideal for covering payroll, purchasing materials, or handling unexpected project costs.
Term Length
6-24 months
Max Loan Amount
Up to $3 million
Accounts Receivable financing
Construction companies often wait months for client payments, leaving cash flow stretched thin. With accounts receivable financing, you can borrow against unpaid invoices and access up to 80-90% of their value right away. If you prefer to outsource collections, invoice factoring lets you sell invoices to a third party for immediate cash. Both options give contractors faster access to working capital to cover payroll, buy materials, and keep projects moving.
Term Length
1-24 months
Max Loan Amount
Up to $10 million
Equipment financing
Equipment financing helps contractors purchase or lease the heavy machinery and tools they need without draining cash reserves. The equipment itself serves as collateral, which often makes approval easier and reduces the need for additional assets. From bulldozer and cranes to trucks and excavators, this type of loan allows construction companies to upgrade or replace equipment while spreading costs over time.
Term Length
1-5 years
Max Loan Amount
Up to $5 million
SBA loan
Backed by the U.S. Small Business Administration, SBA loans offer construction companies lower rates and longer repayment terms than most traditional financing. The SBA 7(a) is flexible for working capital, equipment, or refinancing. For smaller firms just getting started, SBA microloans provide up to $50,000 to help scale operations.
Term Length
7-25 years
Max Loan Amount
Up to $5 million
What types of business loans are available for commercial construction?
Commercial Real Estate (CRE) loan
Commercial real estate loans serve as the long-term, permanent financing for a property after construction or renovation is complete. With terms that can stretch up to 25 years, they provide stability for developers and business owners looking to lease, occupy, or refinance a completed property.
Term Length
Up to 25 years
Max Loan Amount
Up to $5 million
Business term loan
A business term loan provides a lump sum of capital repaid over a fixed schedule, making it a flexible option for construction companies. Contractors can use term loans to cover big-ticket expenses like vehicles, tools, or materials, while developers may use them for smaller-scale property improvements. With repayment terms ranging from months to years, term loans offer predictable budgeting and quick access to funds compared to more complex financing options.
Term Length
6 months - 7 years
Max Loan Amount
Up to $4 million
Bridge loan
Bridge loans are short-term financing until long-term funding is secured. Common in construction projects, they can provide fast access to capital for land purchases, renovations, or completing a project while waiting on SBA or permanent CRE financing.
Term Length
6-18 months
Max Loan Amount
Up to $4 million
*Qualification criteria, rates, and other funding terms will vary depending on the type and location of your business, and upon other factors. This is not a guarantee of funding, and it should not be relied upon as an accurate assessment of the availability or terms of the represented funding products.
Ready for funding?
See what you can qualify for on the Lendio Marketplace.
FAQs
Find answers to some commonly asked questions in the construction industry.
What are the requirements to get a construction business loan?
Each lender has its own criteria for financing approval. However, at Lendio, we have a few basic, minimum eligibility requirements in order to apply for a construction loan for business. First, the owner or primary applicant must have a personal credit score of at least 600. The company must also be in business for at least six months with a monthly revenue of $8,000.
What is the minimum down payment on a new construction loan?
Because there is usually no existing property to secure a construction loan, lenders take on a higher risk. To compensate for this risk, lenders will typically have businesses make a down payment of up to 20%. Depending on the type of loan, some borrowers may qualify for zero percent down.
Can contractors get a business loan?
Yes, there are construction business loan options for contractors. Contractors can apply for a variety of business loans to help their company, whether you need to even out cash flow, invest in new equipment, or expand your operations. You can learn more about business loans for contractors here.
What is the best loan for contractors?
The best loan for contractors really depends on your circumstances and financial goals. If you need to improve your cash flow, especially if you consistently wait for clients to pay invoices, an asset- or revenue-based financing loan may be best for you. Another great option for contractors is equipment financing, especially if you plan on purchasing your own heavy machinery in the near future. In this instance, you can use the equipment itself as collateral.
What are the benefits of an online lending marketplace?
When you need funding fast, a lending marketplace is a great option. The application is simple and quick, you have a marketplace of many lenders to compare and choose from and the support of a funding manager throughout the funding process.
What is an SBA loan?
An SBA loan is backed by the U.S. Small Business Administration, which encourages lenders to loan funds to businesses by offering an extra layer of financial security. For applicants, it means you may be able to access affordable financing even if you don’t qualify with a traditional bank. Rates are tied to the current prime rate and loan repayment terms are long. Plus, you may be able to qualify for larger loan amounts than an online lender or bank would normally offer.
What are the different types of SBA loans?
Here are the three main types of SBA loans for construction companies to consider:
- SBA 7(a) loan – Borrow up to $5 million for working capital, purchasing assets, or refinancing existing debt. You can also use the funds to acquire a competing construction company or buy out one of your current partners.
- SBA 504 loan – Great for construction companies, a 504 loan can be used for assets like machinery, land, and buildings.
- SBA microloan – Just starting to grow your construction business? A microloan lets you borrow up to $50,000 to help you scale.