Industry
Draw-based billing with heavy equipment and fuel costs incurred first.
✓ Checking what you qualify for does not affect your credit score.
Excavation contractors are classified under Site Preparation Contractors, an eligible category. Site work for commercial projects is eligible; new residential construction is restricted.
Draw-based billing with heavy equipment and fuel costs incurred first.
In practice: excavators, dozers, attachments, trucking, crew, fuel for a signed contract.
Weather and ground conditions drive it; frozen ground stops work.
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.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Yes. Site work for commercial projects is eligible; new residential construction is restricted.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Same-day decision, next business day funding on a complete file.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
