Construction and contracting is a project-driven business — and project-driven businesses have a fundamental cash flow problem. You spend money on materials, labor, and equipment before you get paid. Milestones can be delayed. Clients can be slow. And overhead never stops.
MCA funding gives contractors and construction companies access to fast capital that matches the pace of the industry. Here is how it works.
The Construction Cash Flow Problem
A general contractor wins a $500,000 commercial renovation project. Materials need to be purchased before work begins. Subcontractors need to be paid weekly. Equipment needs to be rented or purchased. But the first milestone payment from the client does not arrive for 60 days.
That gap — between when you spend and when you get paid — is where most construction businesses struggle. And traditional banks are not built to fill it fast enough. MCA funding fills it in 24 hours.
Common Uses of MCA Funding for Contractors
Material costs. Lumber, concrete, steel, electrical supplies, plumbing materials — construction projects require massive material purchases upfront. MCA funding covers those costs before the project revenue arrives.
Subcontractor payments. Your subs need to be paid on time or they walk. MCA funding ensures you can meet your obligations to subcontractors regardless of where you are in the client payment cycle.
Equipment purchases and rentals. Excavators, lifts, compressors, and specialty tools are expensive. MCA funding covers equipment costs so you can take on projects that require gear you do not own.
Bridging between project milestones. When a milestone payment is delayed or a project timeline shifts, MCA funding keeps your operation running without interruption.
Hiring and scaling. Taking on a large project or multiple simultaneous projects means scaling your crew fast. MCA funding covers the labor costs while project revenue ramps up.
Bonding and licensing fees. Contractors in many states must maintain bonding and licensing in good standing. MCA funding covers these costs so you never lose your ability to work.
Need funding fast? Apply with Workable Funding in 2 minutes. Same-day decisions.
Apply NowWhat Contractors Need to Qualify
At least 6 months in business, a business checking account, $15,000 or more in monthly revenue, and a 500+ personal FICO score.
General contractors, specialty trade contractors, home improvement businesses, and commercial construction companies all qualify. Revenue from project deposits, milestone payments, and recurring service contracts all count.
Workable Funding understands the construction business. We move fast because your projects cannot wait. Apply today and get funded in as little as 24 hours.
Written by the Workable Funding Team · New York, NY