Contractor Financing

Contractor Financing In today's credit markets, it can be challenging for businesses of any type to secure financing. But for business owners in high risk industries, it can be virtually impossible. Building contractors often have trouble obtaining loans from banks and other traditional lenders. Most banks are wary of issuing loans to contractors, because constructions projects often exceed their budgets and are regarded as risky investments. Even lenders who are willing to finance contractors will not approve business owners with bad credit or other outstanding loans.

Horizon Business Funding is a direct lender offering innovative small business financing solutions for building contractors whose loan applications have been declined by banks, credit unions or other lenders. Whether you need to purchase materials, pay your employees, buy new equipment, or expand your business, our business cash advance program can give you access to the capital your business needs.

If you own a contracting business and have had trouble qualifying for bank loans, our contractor financing program is a perfect solution. Regardless of bad credit or other outstanding loans, we can provide you with the capital you need in as little as 24 hours. If you have operated a construction business for at least 3 months and can show proof of revenue totaling at least $10,000 per month, then you will likely qualify!

Please note that we do not provide start-up business loans or grants for new businesses.

How Contractor Financing Works

We issue cash advance financing on the basis of your future sales. We review your monthly gross bank deposits and advance your business up-front working capital. Thereafter, we deduct a small percentage from your daily bank deposits until the full amount has been paid off. This payment structure is attractive to small business owners, because it ensures that your payments are always proportionate to your earnings. You will never be overburdened with payments when sales are slow, and there is no fixed repayment term.
  • No collateral or liens on your property.
  • Receive funds within 24 hours.
  • No credit card processing required.
  • No application fee.
  • Bad credit is not an issue.
  • Bankruptcy and foreclosure OK.
  • Advances do not appear on your credit report.
  • No restrictions on use of funds.

Apply and Qualify

When you apply for loans from banks or other lenders, you are required to submit extensive documentation in order to be approved. The approval process for our contractor financing loans is much simpler and less time-consuming. You can qualify for financing by simply completing the application on this page. For faster approval, you can download our complete application and fax it to 866-240-5505. Once you are approved, you can get the capital you need in just one business day.

If you are approved for contractor financing, one of our funding consultants will work with our underwriting department to determine how much capital you qualify for. You will need to provide the following documentation:
  • 3 months of bank statements
  • 3 months of credit card processing statements (if available)

Even if your business does not process credit cards, you are still eligible to qualify for financing, so don't hesitate to apply!
Get approved

* Please note that we do not offer financing for start-ups. Applicants must be able to show proof of revenue totaling $10,000 per month for at least 3 months.

Download Application
CALL TODAY AT 888-487-5509