Funding Built for Commercial General Contractors

Yes, this is the most common reason commercial GCs come to us. You bill owners with periodic progress applications that clear on Net-30-or-longer cycles, but you have to keep paying subs, suppliers, and crews on much tighter timing. On federal work, once the government pays you, you have only 7 days to pay your direct subcontractors and suppliers (FAR 52.232-27). Working capital advances the cash now so payroll and your trade partners are covered while the draw clears, and you repay as the money comes in.

We fund the working capital, we do not issue bonds. Sureties size a contractor's single-job and aggregate bonding line largely off its working capital, current assets minus current liabilities. Thin working capital caps the bond line, which caps the size and number of projects you can bid. We strengthen the current-asset cushion a surety underwrites against. For the bond itself, the SBA's Surety Bond Guarantee Program guarantees bonds on contracts up to $9 million for non-federal work and up to $14 million for federal work, for a fee of 0.6% of the contract price on performance and payment bonds (U.S. Small Business Administration).

Yes. On a typical construction project the owner withholds a fixed percentage from each payment application, usually 5% to 10%, held in reserve until the work is substantially complete (ConsensusDocs). A 10% withholding on a $10 million contract locks up $1 million for months past the work. We don't make the owner release retainage faster, but working capital bridges the float that holdback creates so you can keep paying subs and suppliers and mobilize your next job while it sits.

Approval typically comes within 4 to 8 hours, with funds following shortly after. Winning a project triggers a wave of pre-revenue spending, bond premiums, insurance, permits, site mobilization, long-lead material, and initial sub deposits, all incurred before you can submit your first pay application. That speed is the main reason GCs choose us over a bank or an SBA loan, where the same request can take 30 to 90 days, long after the mobilization window has passed.

Yes. AIA G702 (Application and Certificate for Payment) and G703 (Continuation Sheet) are the industry-standard documents for requesting construction progress payments. The G703 itemizes work against the agreed schedule of values and shows the retainage withheld each period (AIA Contract Documents). We're comfortable with that billing model and the float it creates, and we fund the operating capital underneath it.

Yes, and for a commercial GC a line of credit is often the most natural fit. Your cash gap is recurring and revolving, not a single one-time buy: it reopens every time a new job mobilizes, every draw cycle, and every retainage holdback across an overlapping portfolio. You draw on the line as each gap appears, repay as owners pay, and only pay interest on what you actually use. A line is also what surety underwriters like to see supporting working capital.

All credit profiles are considered. Even profitable contractors are routinely cash-poor between draws because billings, retainage release, and downstream obligations are out of phase. We look at your revenue and how the business actually performs, not just a credit score. Most GCs we fund have been operating for at least 6 months and generate $10,000 or more in monthly revenue.

Factoring can fit part of your billing, but it's a weaker lead for a commercial GC than for many other businesses, so we usually start with working capital. Retainage is typically held back and not factorable, and AIA progress-billing receivables can carry lien and pay-when-paid complications that make them harder to factor cleanly than ordinary invoices. We won't over-promise factoring of your progress billings. More often the cleaner bridge for the retainage and draw-timing gap is working capital or a line of credit.

Yes. We fund the GC's own operating working capital whether your draws come from a public owner under a prompt-payment statute or a private owner and its lender. The timing gap between owing your trades and collecting your draws shows up on both sides, and that gap is exactly what working capital is built to bridge.

No, and this is an important boundary. Two of the loudest capital needs a commercial GC hears about, surety bonds and project or real-estate financing for the owner's development, are products we do not offer. We do not issue bonds and we do not provide real-estate acquisition, construction-lender, or hard-money financing for the owner's project. We fund the contractor's own cash-flow gap: subs, suppliers, payroll, mobilization, and the float behind retainage and slow draws, which is precisely the working capital a surety underwrites a bond line against and which an owner's construction loan does not cover for you.

That's often the point. Because a surety sizes your bonding line largely off your working capital, strengthening that cushion isn't just about paying bills, it can qualify you to bid on larger and more numerous projects. Contractors themselves cite cost and workforce pressure as their top concerns: in the 2025 Construction Hiring and Business Outlook, 62% cited rising direct labor costs, 59% an insufficient supply of workers or subcontractors, and 54% materials costs, with more than two-thirds of firms expecting to add headcount (Associated General Contractors of America and Sage). Working capital helps you staff, supply, and mobilize to take that work on.

It's built around the way commercial and public work actually pays. A commercial GC bills with AIA G702/G703 progress applications against a schedule of values, has retainage of commonly 5% to 10% held until completion, sits in the middle of the payment chain owing a deep tier of subs and suppliers, and often cannot bid at all without bonding tied to its working capital. Home builders and remodelers typically bill homeowners or a construction lender more directly, rarely run formal retainage or bonding, and mobilize at far smaller scale. We fund the operating float specific to the GC's position in the chain.