When it comes to construction financing, speed and efficiency is everything. That’s why for a limited time, we’re offering construction loans with an expedited funding process that only takes 24-48 hours to fund.
The economy is booming for construction businesses, but that doesn’t mean business loan rates, term lengths, requirements and times to funding won’t change.
We’re expecting to offer construction loans with the same rates and terms only for a short while longer.
So if you’re interested in getting cash fast, with simplified requirements that don’t require collateral, minimum FICO, or time in business in order to qualify, now is the time to act, before they’re gone.
Here are just some of the funding options we offer with access to funds as soon as 24 hours, and our special 90% approval rate for construction business owners:
What’s more, the bulk of project expenditures typically occur during early phases of construction, which means time is of the essence to fill any funding gaps. Otherwise, schedules, budget, and even the project scope can be at-risk — which is a recipe for failed projects and irate sponsors and stakeholders. And in extreme cases, delays and overruns can do more than damage a construction company’s reputation and future potential earnings: it can threaten the company’s very survival.
With faster, simpler construction financing process alternatives, you can get funded in as little as 24 hours for any funding need, avoid gaps in working capital, and ensure a constant supply of cash to prepare your business for any unexpected challenge or opportunity.
Fortunately, banks are by no means the only — or in many scenarios, the optimal or least risky — construction financing option. At National Business Capital, we offer a range of construction financing solutions for companies across the country, including small and mid-sized firms that work way harder than enterprise-level organizations, and often need additional cash to ensure their plan, schedule, budget and scope stays on-track.
Yet with this in mind, most banks make both initial and additional borrowing excessively difficult — and sometimes impossible — for small and mid-sized construction firms. For example, the application process is time consuming and requires multiple documents (e.g. financial statements, building plans, contracts, list of trades, etc.).
Even if an application makes its way through the process — and construction companies can withstand the bureaucratic delay — there’s no guarantee that the funding will be approved.
National Business Capital is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.
Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.
We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!
Matt Carrigan is the Content Writer at National Business Capital & Services. He loves spending every day creating content to educate business owners across every industry about business growth strategies, and how they can access the funding they need!