Business Line of Credit

Overview

Contractors don't get paid on a schedule — they get paid when the GC funds the draw. A revolving line of credit sits behind your operating account so payroll never depends on somebody else's accounts payable department. Draw for materials on Monday, pay it back when the progress payment lands, and the line resets for the next job.

Best Used For

• Covering payroll between draws or settlements
• Fronting materials on a job before the deposit clears
• Fuel, insurance renewals, and shop overhead in the slow season
• Taking a bigger job than your bank account says you can

How It Works

1. Step 1
   Get approved once

   We underwrite your revenue and set a credit limit you can use over and over.

2. Step 2
   Draw from your phone

   Funds hit your account same day or next business day. No re-applying for each draw.

3. Step 3
   Pay it back, use it again

   Interest accrues only on the outstanding balance. Paid-back capital is immediately available.

What You'll Need

• 1+ years in business
• $250,000+ in annual revenue
• 600+ personal credit score
• 6 months of business bank statements