Industry Qualification
Concrete Contractors fall under an eligible industry classification (Poured Concrete Foundation and Structure Contractors). Concrete work is paid in draws and on completion, so the review reads how job payments land across a season.
✓ Checking what a concrete contractor qualifies for does not affect your credit score.
Foundation, flatwork and structural concrete contractors typically bill deposits, progress draws and final payments, with general contractors often paying 30 to 60 days out and holding retainage.
Funding is usually needed for a pump truck or forming system, for material and payroll on a large pour before the draw arrives, or to bid larger commercial work.
Job payments arrive in large, uneven deposits; an average balance near 10% of monthly revenue shows the business can carry crews between draws. ADB explained →
Contractors in business three years or more are strongest, and younger firms with steady job flow are funded regularly. Time tiers →
Ready-mix and rebar suppliers paid before the GC pays can cause negative days — staying under 3 a month keeps the file in range. Exact limits →
A pump truck or mixer already financed through an advance is factored into the file instead of disqualifying it. Refinance options →
Pouring season depends on climate: northern contractors earn most of the year between spring and late fall, while southern crews work year-round but slow in heavy rain.
Ready-mix, rebar, forms and crew payroll are paid as the work happens, and retainage of 5–10% can sit unpaid until a project closes out.
Equipment that lets the crew handle larger pours without subcontracting.
Reusable forms that speed foundation and wall work.
Covering ready-mix and steel before the draw is paid.
Keeping the crew paid while GCs process payment.
Working capital that supports bids on bigger jobs.
A flatwork contractor has won a warehouse slab and needs to carry materials and payroll until the first progress draw.
Its statements show about $110,000 a month in deposits and an average daily balance near $11,500 — roughly 10% of monthly revenue, right around the 10% benchmark.
A request of $75,000 on a line of credit is about 68% of one month's deposits for this concrete contractor, which keeps the payment proportionate to what comes in.
Illustrative figures for a sample concrete contractor, not an offer; real amounts, terms and cost depend on the full file.
Have recent business bank statements ready; draws and final payments show actual job volume.
The review looks at deposit patterns, time in business and existing positions along with credit.
You see the amount, term and total cost before signing, so you can plan around draw schedules.
Following signature, funds normally arrive the next business day, in time to lock in the ready-mix order.
Yes. Lumpy job payments are normal for the trade; several months of statements show the overall pattern.
Pour volume drives the amount: draw and final-payment deposits size a line between $10,000 and $350,000 or a term loan between $10,000 and $250,000.
No. Retainage is common; the review focuses on what actually lands in the account.
Yes, it is reviewed as part of the file.
No — the check leaves credit untouched, and concrete contractors get a decision the same day.
A pump truck or a big pour — concrete contractors get a same-day decision, and checking does not touch credit.
