Contractor construction loans or funding can be used to address various financial needs, from short-term financing to long-term contractor loans or funding. Check your options today.
We understand that small businesses are the backbone of our economy. Your aspirations, challenges, and dreams drive us to be the leading force in providing tailored financial solutions to propel your business forward.
With a track record of empowering small businesses across diverse industries, Expansion Capital Group brings a wealth of experience to the table. Our team of financial advisors are dedicated to understanding the unique needs of your business.
small businesses who have received funding from us
in funded dollars to small businesses
decision usually provided when applying for funding
Secure funds to finance specific projects, including upfront costs for labor, materials, and equipment rental.
Lease specialized equipment needed for subcontracting work such as tools, machinery, or vehicles necessary for your projects.
Invest in training and certification of your workforce to enhance their skills and qualifications, making your subcontracting services more competitive.
Ensure your business is adequately insured by using the financing to cover insurance premiums. This can include liability insurance, workers’ comp, and other essential coverage.
Business capital can be used to increase customers, purchase construction materials or equipment, hire new staff, or pay other subcontractors.
You can apply directly with ECG on our website or call to speak directly to one of our funding specialists.
There are smaller SBA loans that subcontracting companies may qualify for.
Minimum requirements are six months in business and monthly revenue of at least $8,000; additional underwriting criteria will apply.
Subcontractors often need specialized equipment to complete projects efficiently and meet client demands. Loans or funding can be used to purchase or lease equipment such as heavy machinery, tools, vehicles, or technology necessary for specific subcontracting tasks.
As subcontractor businesses grow, they may need to hire additional staff or invest in training programs to enhance the skills of their workforce. Loans or funding can cover recruitment costs, employee wages, training materials, and certification programs to ensure subcontractors have the skilled labor needed to fulfill contracts.
Subcontractors may require funds to cover upfront project costs before receiving client payments. Loans or funding can provide the necessary capital to purchase materials, pay laborers, cover labor expenses, and fund other project-related costs until invoices are settled.