Contractor financing: equipment and working capital for contractors
Contractors float payroll and materials for weeks before a job pays. Contractor financing from Liberty Capital Group helps general contractors and subcontractors buy trucks and equipment, cover cash-flow gaps and take on bigger jobs, with lenders that understand construction. Equipment leasing, term loans, lines of credit and working capital under one roof.
Financing by trade
Each trade uses different equipment and gets paid differently. Pick yours for examples and terms.
Which financing fits the job?
| Best for | Speed | Keep in mind | |
|---|---|---|---|
| Equipment lease / EFA | Trucks, machines, tools | 24–48 hrs | Equipment is the collateral |
| Term loan | Expansion, larger purchases | Days to weeks | Fixed payments, stronger credit |
| Line of credit | Materials, payroll between draws | Days | Pay interest only on what you use |
| Working capital | Short gaps, new contracts | 1–3 days | Shorter terms, higher cost |
| Invoice factoring | Slow-paying customers | Days | Advance on unpaid invoices |
| Merchant cash advance | Fast cash, flexible credit | 24–48 hrs | Most expensive; use sparingly |
We will tell you straight when a cheaper option fits. A cash advance should never be the first answer for an equipment purchase.
Watch: funding your equipment
Funding your equipment.
Turned down by your bank? Watch this.
Why contractors choose Liberty Capital Group
What you need to apply
- Online application (soft inquiry first)
- Equipment invoice or quote (multiple vendors OK)
- 3–4 months of business bank statements
- Contractor license and insurance may be requested
- Financials or tax returns for larger requests
See where you stand with the approval indicator.
$99 a month to start
For well-qualified contractors (strong credit, 3+ years in business and quality equipment) some programs start at $99 a month for the first 3 or 6 months.
From application to job site
- Apply in 3 minutesNo fee, no obligation.
- Get optionsWe compare lenders for your trade.
- SignE-sign the offer you choose.
- Get to workWe pay the vendor or fund your account.
Where contractor cash flow gets squeezed
Most contractors aren’t short on work; they’re short on cash between the work and the check. The usual pressure points:
- Payroll is due every week, even when a customer pays late. See construction payroll financing.
- Materials: suppliers want deposits or faster terms on bigger orders.
- Delays you don’t control: weather, permits, inspections and backorders push revenue out while costs keep running.
- Retainage: a job can be nearly done with 5–10% of the money held back for months.
- Growth: a bigger contract means more crews, equipment and materials paid for before the first draw.
Match the tool to the gap: a line of credit for payroll and materials between draws, factoring for slow-paying customers, and equipment leases for trucks and machines so your cash stays free for the job.
Contractor funding: common questions
What kinds of contractors do you finance?
General contractors and subcontractors of all kinds, including roofers, plumbers, electricians, HVAC, paving and concrete, landscaping, tree service, framing, painting, excavation and more.
Can I finance used trucks and heavy equipment?
Yes. We finance used trucks, cranes, boom lifts, excavators and other heavy equipment from dealers or private sellers, subject to age and condition.
Can I get working capital for materials and payroll?
Yes. Lines of credit and working capital loans can bridge the gap between paying for materials and getting paid on the job.
I am a new contractor. Can I qualify?
Often, yes. Startups with good personal credit and industry experience can qualify for equipment financing, sometimes with a down payment.
Will applying hurt my credit?
We start with a soft inquiry. Lenders pull credit only once you decide to move forward with an offer.
Ready to fund your next job?
Apply in 3 minutes or get a free quote. No fee, no obligation.
All financing subject to credit approval; terms vary by credit, time in business, financials and equipment. Liberty Capital Group, Inc. is not a tax advisor.
Contractor financing: matching the money to the job
Contractor financing works best when each need gets the right tool: equipment leases or loans for machines and trucks, a working capital loan or line of credit for payroll and materials, and factoring for slow-paying GCs. Good financing for contractors keeps cash in the bank so you can bid the next job instead of waiting on the last one.
Contractor loans and leases are available for new and used equipment, and subcontractor funding can be based on your invoices to established general contractors. Many public and large commercial jobs also require bonding; the SBA surety bond program can help smaller contractors qualify. For contractor financing on your next job, get a quote.
Not every lender understands contractor financing. Construction revenue is lumpy, jobs pay on draws and equipment is often used or specialized, so contractor financing works best through lenders that know the trades. We place contractor financing with lenders that regularly fund roofers, plumbers, HVAC, concrete, paving and site-work companies, and we explain every contractor financing offer in plain terms before you sign.
Our small business financing experts are available to guide you through the funding Process.
Despite technological advancements, loans, especially in contractors equipment financing, predominantly involve personal interaction with an underwriter to ensure as fraud prevention. Automation may not suffice, particularly when dealing with a third party like the vendor and the complexities of equipment purchase. In such scenarios, business owners are often better served by collaborating with a Business Loans Broker like Liberty Capital Group, Inc., who can steer them in the right direction.
Instant Quote Online
Use our instant online quote calculator to get an accurate no obligation quote.
Apply Online
Complete our quick online application. Application takes 5 mins.
Review Your Options
We will contact you to review your options.
Get Funds
Money will be deposited in your account in as little as 24 hours.