Funding for your situation
How a construction company with an open advance is reviewed, what a second position means, and what usually decides the answer.
✓ Checking what you qualify for does not affect your credit score.
An open advance does not end a construction company's options, but it changes the conversation. Retainage is holding back a share of every invoice until close-out. What matters is how the account is behaving under the existing debit.
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.
Compliance touchpoints for a construction company often include contractor license and bonding, which can come up when the request involves a new site, a purchase or a significant change.
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 daily or weekly amount already leaving the account.
Payments arrive by progress billing or net terms, often well after payroll and materials are paid.
Negative days, NSFs and the average daily balance.
Weather, permitting and budget cycles move start dates around.
| Item | Illustrative amount |
|---|---|
| Existing advance, remaining balance (illustrative) | $13,500 |
| Existing daily debit | $150 a day, or $750 a week |
| Average weekly deposits (illustrative) | $7,000 |
| Existing debit as a share of weekly deposits | about 11% |
| Room for a new payment before the account is stretched | depends on the file, and is what a review tests |
How this is read. A funder compares the total debits against deposits and looks at negative days and NSFs. See negative days and NSFs and existing positions and stacking.
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.
Often it can, depending on the position count and how the account is behaving. Look at second position funding, renewals and MCA refinance.
It means a new advance that sits behind the existing one on the same revenue stream. It is a defined product with its own review.
Yes. Negative days and NSFs are read as part of the picture, not as an automatic stop.
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.
