Specialist funding solutions for construction companies and contractors
We offer Quick construction business loans to construction companies, builders, contractors and trades people. Our construction Business loans provide the working capital, equipment financing, and cash flow support that building firms need to take on new contracts, manage multiple projects, and grow their operations as well as a fast financial lifeline if needed.
Quick Business Loans has a wealth of previous experience when it comes to helping independent developers secure competitive construction finance. Construction finance & funding, which is one of our specialist Lending products, can be used to fulfil any financial needed in the industry.
What is a Construction Business Loan
A construction business loan is a specialised finance solution designed for companies operating in the building and construction sector. Unlike project specific financing, our loans provide a “general form of business funding” that construction companies can use across multiple sites, for equipment purchases, hiring staff, covering overheads, or managing cash flow between client payments. Our construction loans are structured with time sensitivity in mind. Our Flexi-loans offer flexible terms that accommodate the irregular income cycles common in the construction industry and a repayment strategy that offers early repayment without penalty and the option to borrow more after 3-6 months repayment of the original loan.
Benefits of Flexible Construction Business Loans
Construction business loans provide companies with the financial flexibility needed to operate quickly and effectively in an industry where expensive purchases often precede income by weeks or months. Quick Business loans enable construction firms to take on larger contracts by ensuring they have the sufficient working capital to fund materials and labour upfront.
Qualifying for construction finance
Finance Lenders will need to know that their investment is safe, so having a detailed plan will be an advantage when applying for one of our construction business loans. However, being a first-time developer by no means excludes you from this type of finance, we have a wide experienced panel of lenders that approach each construction loan individually and on it’s own merits. Provided you approach the lenders with a comprehensive and viable plan and the financials stack up there should be no problem raising the finance you need.
The lender will require certain information from you, such as who the contractor undertaking the project is and a detailed specification of the build. The lender may send an appraiser to consider the viability of the scheme as well as the value of the land being developed, but unless the loan is over £1,000,000 this is highly unlikely.
A good credit rating is ensential for any sizeable construction loan, the directors may be asked to provide a personal guarantee (PG) in certain circumstances.
When to use a Construction Business Loan
Construction loans are particularly valuable when your company is experiencing rapid growth, facing seasonal fluctuations, or managing multiple projects with differing payment schedules. They’re ideal for construction businesses looking to purchase or replace essential equipment, hire additional skilled workers for larger contracts, or bridge the gap between project expenses and client payments. Commercial construction business loans also play vital role when unexpected opportunities arise requiring quick access to capital, or when your firm needs to demonstrate financial capacity when bidding for significant contracts.
Why Choose Construction Business Loans from Quick Business Loans
Here at Quick Business Loans we understand the financial challenges facing construction companies, deadlines looming, costs rising and unforeseen costs. Our construction business loans offer dedicated funding solutions that general lenders simply cannot match. We recognise that construction firms face distinct challenges including upfront material costs, payroll pressures before project completion, and often delayed payment terms from clients.
We provide a wide range of unsecured and secured construction loans, we also offer asset finance for big equipment purchases, as well as VAT and corporation tax loans to help ease the financial burden of paying these bills.
Our construction loans feature flexible repayment options that can with your company’s cash flow rather than forcing inflexible payment schedules that don’t reflect the realities of the fast moving construction industry as it is today.
Whether your building business experiences seasonal patterns, contract-based income fluctuations, or milestone payment structures, we can tailor a funding solution that works with your specific operational model.
With loan amounts from £20,000 to £2,000,000, we support construction companies of all sizes with construction loans of all sizes – from specialist contractors to major building firms. Our construction finance panel of lenders have extensive experience in the building sector, ensuring they truly understand your business needs and can structure a loan that supports your specific goals and growth plans.
Apply Now for the construction funding you need or call us anytime.