ABOUT THE AUTHOR
When multiple contracts started at once, Caldwell Contracting needed capital that could cover upfront costs before milestone payments caught up.
Caldwell Contracting Corp. is a New York City general contractor managing 6 to 8 projects at a time, with contract values ranging from $600K to $5M. As the business entered its active season, multiple contracts were starting at once, creating immediate pressure on cash flow.
The Situation
After a winter slowdown, Caldwell was moving into a busier season with new work opening up.
Like many general contractors, the business had to front payroll, materials, supplies, and transportation in order to get jobs moving. At the same time, collections were tied to milestone-based Net 60 to Net 90 payment cycles.
The opportunity was there, but the season was moving faster than the cash conversion cycle.
The Challenge
Caldwell needed capital that could support spring mobilization without delaying the start of active contracts.
The business was already managing multiple projects at once and working with a small group of key subcontractors. That meant upfront costs had to be covered quickly in order to keep labor, materials, and logistics aligned across the work in progress.
Caldwell had already shown long tenure, strong credit, predictable deposits, and repeatable contract flow. The pressure came from timing.
Our Approach
National started with what the business had already proven.
Caldwell had been in business since 2011, with fourteen years of performance behind them. That helps differentiate a risky file from a strong business being slowed down by paperwork.
Through a reduced-documentation review, Caldwell secured $500K in Cash Flow Financing without restarting underwriting from zero. The structure recognized the strength already built into the file and allowed the business to move in time for the season.
The Outcome
With the new capital in place, Caldwell was able to:
- Cover upfront payroll, materials, supplies, and transportation
- Start multiple spring contracts on time
- Support active project mobilization across a busy seasonal ramp-up
- Move forward without waiting on milestone-based collections
Why This Works
When credit tightens, stronger files stand out more clearly.
For Caldwell, the advantage was a path built to recognize proven strength already visible in the file.
In a seasonal industry like construction, that distinction matters. Spring opportunities do not wait for paperwork to catch up.
Why National Business Capital
We often work with businesses that have already built real momentum and need capital aligned with how they operate.
That means recognizing when a company has already shown readiness, especially when seasonal demand and underwriting timelines are moving at different speeds.
For contractors entering busy periods with multiple jobs starting at once, the right capital can help cover what needs to happen first so the work can move forward.