Direct Answer: How do contractors fund new jobs?
Contractors often use mobilization funding or lines of credit. This provides the upfront cash needed for materials and labor to start a project, which is then repaid when the client pays their first draw or invoice.
You won the bid, but you can't start without materials. The client won't pay until the first milestone. You're stuck in the 'cash gap' where you need to spend money to make money.
The Solution: Cash Flow Funding
We bridge that gap. Our funding options allow you to buy materials and pay crew this Friday, so you can finish the job and collect your profit.
How We Help The Complete Guide to Contractor Funding
Fairly Funded connects you with partners who understand your industry. We look past the FICO score and focus on the health of your business.
Key Use Cases:
- Mobilization: Pay for permits and initial materials.
- Payroll: Keep crew paid while waiting on net-30 invoices.
- Subcontractors: Pay your subs on time to keep them loyal.
Frequently Asked Questions
Can I get funding for a specific project? Yes. We look at your overall business health, but the capital can be used specifically to float a large project.
Ready to Move Forward?
Don't let a lack of capital slow you down. Apply today and see your options in 24 hours.