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◆ Industry

Excavation contractors funding in Jacksonville

Draw-based billing with heavy equipment and fuel costs incurred first.

✓ Checking what you qualify for does not affect your credit score.

FLFunded
500sScores placed
$10K–$350KRange
Same dayDecision

Why excavation contractors in Jacksonville qualify

Excavation contractors in Jacksonville are classified under Site Preparation Contractors, an eligible category. Industry is therefore not the question; the four things every file is read on are. Site work for commercial projects is eligible; new residential construction is restricted.

The cash-cycle problem

Draw-based billing with heavy equipment and fuel costs incurred first.

In Jacksonville that usually means capital goes to excavators, dozers, attachments, trucking, crew, fuel for a signed contract.

What applies in Jacksonville

Jacksonville runs on logistics, the port and a large insurance employer base.

Florida funds normally on every tier.

Excavation contractors runs close to twelve months a year in Jacksonville, which produces steadier deposits than the same trade in a northern metro.

Storm-driven work in the Jacksonville area arrives in surges and settles on the insurer’s timetable, which is the gap capital usually has to cover.

The published thresholds

Tier 1: 650 FICO, 3 years in business, $300,000 a year or $25,000 a month, 8+ monthly deposits.

Tier 2: 600 FICO, 6 months in business, $60,000 revenue, $800 minimum daily balance.

Renewal: 550 FICO, 2 years in business, once 50% of the original balance is repaid.

There is no hard credit cutoff here. The 650/600/550 tiers are product criteria, not a floor on the business. Scores in the 500s are placed routinely, and files in the 400s are read on revenue, deposit consistency and time in business rather than on the score alone.

Line of credit $10,000 to $350,000, from 1% per month on the drawn balance, 2.49% per draw
Term loan $10,000 to $250,000, 0% origination, weekly payments
MCA refinance $10,000 to $100,000
Maximum two existing positions
Same-day decision, next business day funding on a complete file
Average daily balance of $5,000, or 10% of monthly revenue, whichever is greater. Up to 3 negative days a month, 9 per six months and up to 6 NSFs a month, 24 per six months.

Questions

Do you fund excavation contractors in Jacksonville?

Yes. Site work for commercial projects is eligible; new residential construction is restricted.

What credit score is needed?

There is no hard credit cutoff here. The 650/600/550 tiers are product criteria, not a floor on the business. Scores in the 500s are placed routinely, and files in the 400s are read on revenue, deposit consistency and time in business rather than on the score alone.

How fast can funding arrive?

Same-day decision and next business day funding on a complete file.

What if revenue is seasonal?

Weather and ground conditions drive it; frozen ground stops work. Underwriting reads the average and the deposit count, not the peak month.

See what you qualify for

Same-day decision. Applying takes a few minutes and will not affect your credit score.