Funding for your situation
The real cost of adding a crew, what funders look at, and a worked example using illustrative figures.
✓ Checking what you qualify for does not affect your credit score.
A signed contract sits on the desk, but payroll and materials are due before the first draw. Adding a crew is the most direct way to turn demand you are already turning away into revenue, and it is also a purchase that comes due before it earns.
Merchant Fund Express is a funding marketplace: you apply once, and the file is matched to the structure that fits it. The sections below show what this situation usually costs, how a funder reads it, and what to prepare.
A construction company file is read through contract backlog and billing schedule, receivable aging and retainage and equipment and bonding already in place.
Payments arrive by progress billing or net terms, often well after payroll and materials are paid. A reviewer sees that pattern in the statements before reading a word of the application.
Equipment is part of the picture. A failure such as a skid steer or mini-excavator repair or a truck repair can run $9,000 to $9,000 and interrupt revenue while it is down.
The documents that usually matter most for a construction company are the signed contract or schedule of values and recent invoices and aging report, alongside the bank statements.
A fixed purchase with a quote you can put in front of a funder.
A fixed purchase with a quote you can put in front of a funder.
Often front-loaded and easy to leave out of the first estimate.
People are paid on a schedule that does not wait for new revenue to ramp.
| Cost item | Illustrative amount |
|---|---|
| Truck and trailer | $45,000 |
| Tools and safety equipment | $12,000 |
| Bonding and insurance | $9,000 |
| Crew payroll and materials float | $25,000 |
| Cushion for overruns and slow early weeks (about 10%) | $9,000 |
| Funding need for one more crew | $100,000 |
Sizing check. If the full repayment shown in an offer were $130,000 over about 26 weeks, the weekly debit would be about $5,000. Against illustrative monthly deposits of $160,000 (about $36,923 a week), that is roughly 14% of weekly deposits. Your own offer states the real repayment amount in dollars; run your numbers on the factor rate calculator before you accept anything.
Source: worksheet by Merchant Fund Express. Illustrative only: these figures are not an offer, and real amounts depend on your file and the funder.
These are the same factors described on revenue and deposit requirements and time in business. Merchant Fund Express walks you through how your own file reads before you apply.
A complete file is what makes a same-day decision possible. If something is missing, tell us and we will work around it.
Merchant Fund Express gives a same-day decision on a complete file, and funding is typically the next business day after signing. The quote or bill of sale for the crew is the document that usually moves things along.
It can be either. If the purchase is a single asset with a quote, equipment financing may fit; if you also need payroll and supplies for the ramp-up, working capital covers the whole package.
Often yes. A used purchase can shorten the payback, and a quote or invoice from the seller is what the file needs.
The minimum FICO is 500, and better credit means better products and terms. See credit score requirements for how the tiers work.
Merchant Fund Express gives a same-day decision on a complete file. Applying takes a few minutes and will not affect your credit score.
