General Contractor Business Loans

Faster, easier small business financing with one simple application—no bank needed.

Applying is free and won’t impact your credit.

Reviews From General Contractor Business Owners

Lendio Knows General Contractor Small Businesses

Whether you’re looking to hire subcontractors or purchase materials in bulk to fight against inflation, Lendio is here to help. We understand both the challenges your business faces, as well as the opportunities available to grow with such large demand from customers.

No matter how large or small your contractor business may be, getting the right type of funding makes a huge difference in how you grow. From short-term financing to long-term contractor loans, you’ll find a wide range of options through Lendio.

Ready to expand your contractor business in a way that’s sustainable? Get the small business loan resources you need from Lendio.

Why Lendio?

Quick Funding Times

Not only does Lendio’s application take 15 minutes or less, we’re also committed to helping you get funds in the bank as quickly as possible. In fact, once you choose your ideal offer, you could have money in your business bank account within 24 hours.

Ongoing Personalized Support

Getting a contractor loan is a major financial decision, and you don’t have to figure it out alone. Your dedicated funding manager gets to know your business to help you evaluate all of your available options.

Expansive Lender Network

With over 75 lenders in the Lendio network, one application gets you access to a host of potential options. Once you’ve submitted your online form, you can then pick and choose the option that is the most attractive for your contracting company’s needs.

How Our Loan Matching Process Works.


Fill out our simple application.

Answer just a few questions about your business to see which lending products you qualify for. We’ve partnered with over 75 lenders, allowing us to find the best option or your business.


We’ll connect you with a funding specialist.

One of our funding specialists will reach out to you to get to know your business better. Since every business is unique, we want to make sure we find the loan type that’s perfect for your needs.


Compare loan offers.

Compare different offers curated for your business. Select the capital amount and rate that will help take your business to the next level.


Get funded.

We work with lenders that can fund you fast. Once you’re approved, you’ll be able to access your capital in as little as 24 hours.

Types of Business Loans For Contractors

Asset- or Revenue-Based Financing

If you’re constantly waiting for clients to pay invoices, asset-based financing could be an option to get cash fast. A funder purchases an invoice from the borrower at a discounted rate, which the business will then pay back to the funder as the business collects on the invoice. Revenue-based financing gives you a cash advance on expected future revenue.


1-15 months

$1 million (RBF); $50 million (asset-based financing)

Debt Financing

Debt financing makes it easier to navigate the repayment process. Your monthly payment is a fixed amount, so you can easily make it part of your regular cash flow. You also know exactly when the loan will be paid off in full so you can plan your next stage of growth. Opt for either a term loan or an SBA loan backed by the government.


6 months-25 years

$5 million

Line of Credit

A line of credit like a credit card in that you draw funds to make purchases, up to a certain limit. But interest accrues only on your outstanding balance, making it a great option for contractors who have rolling costs as projects begin and end.


6-24 months

Up to $250,000

Equipment Financing

If you need to use your own heavy equipment, an equipment financing loan can help you purchase the construction equipment you need. If you opt for leasing, the equipment itself will serve as collateral, so you won’t have to put up other business or personal collateral.


1-5 years

$5 million

Additional Resources

The Nuts and Bolts of Starting a General Contractor Business

Construction Accounting: An Introductory Guide

A Beginner’s Guide to Bidding on Construction Jobs


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.


Lendio has just a few base requirements in order to apply for a loan for your general contracting business: 

  • A credit score minimum of 600 
  • Monthly revenue of $8,000 or more
  • Time in business of at least six months


A business loan can be used for just about anything. You can use funds for working capital, hiring, marketing, purchasing materials, or nearly anything else to help manage and grow your business. Equipment financing, however, is limited to the purchase of approved equipment.

A lender marketplace, like Lendio, connects you with multiple lenders with a single application, saving you the time and hassle of reaching out to them individually. In addition, a funding manager will guide you through the application and funding process.

An SBA is a federally guaranteed business loan made through private lenders and banks. There are different programs with specific borrower requirements, but in general, you can count on competitive rates. You can also count on a rigorous application process, a prolonged approval process, and long funding times. 

Most contractor business owners choose one of three SBA loans. The 7(a) program is the most commonly used option for working capital. You can borrow up to $5 million over 10 to 30 years. The 504 program is built for purchasing a major asset, like equipment or real estate. It also comes with high loan maximums and long repayment terms. Finally, a microloan allows smaller businesses to borrow up to $50,000.

8 out of 10 Lendio employees* or their families own a small business.

*based on 136 Lendio employees who responded to an internal poll

Quickly Compare Loan Offers from Multiple Lenders

Applying is free and won’t impact your credit

Talk to a rep at (855) 853-6346
Mon-Fri 7:30am-5pm MST