Running a contracting business requires more than just tools and talent—it takes capital. Whether you’re managing materials, equipment, or labor, timely access to funds can make or break your next project. At Wise Advances, we specialize in small business loans tailored to help contractors grow confidently.
Why Contractors Need Small Business Loans
In the construction and contracting world, cash flow can be unpredictable. Projects may be delayed, invoices may go unpaid, or equipment might need unexpected repairs. Small business loans offer contractors the flexibility to handle these challenges without pausing operations.
Here are a few scenarios where small business funding becomes essential:
- Purchasing construction materials in bulk
- Upgrading machinery or tools
- Covering payroll for subcontractors
- Securing permits or licenses
- Managing downtime between projects
If you’re a contractor looking for fast business funding, Wise Advances provides quick approvals and flexible repayment terms, so you can focus on the job—not the stress.
Learn more about how merchant cash advances work
Types of Small Business Loans for Contractors
At Wise Advances, we understand that no two contractors have the same financial needs. That’s why we offer a range of small business loans designed to support both short-term and long-term goals.
1. Equipment Financing
Need a new skid steer, crane, or power tools? Our equipment financing lets you purchase or lease necessary equipment with manageable monthly payments.
2. Working Capital Loans
Cover day-to-day expenses like payroll, rent, or fuel with a working capital loan. It’s ideal for keeping operations smooth when waiting on project payments.
3. Merchant Cash Advances
For contractors who process credit card transactions, a merchant cash advance gives you upfront capital repaid as a percentage of your daily sales—perfect for fluctuating cash flows.
How to Qualify for a Small Business Loan as a Contractor
Qualifying for a small business loan is easier than you might think, especially with Wise Advances. Here’s what you typically need:
- In business for at least 12 months
- Minimum $20,000 in monthly revenue
- Credit score of 600+
If you meet these basic requirements, you may be eligible for contractor business funding with approvals in as little as 24 hours.
Apply for Small Business Funding Today
Let Wise Advances help you unlock your next opportunity.
Why Choose Wise Advances for Your Contractor Financing Needs?
At Wise Advances, we’re more than just lenders—we’re partners in your growth. Here’s what sets us apart:
- No lengthy paperwork or delays
- Personalized funding options
- Transparent terms with no hidden fees
- A dedicated funding advisor for every client
Whether you’re working solo or managing a large crew, we’re here to help you secure the capital you need to win bids, finish projects, and scale your business.
Looking for Small Business Loans for Service-Based Businesses?
If you’re a contractor operating within a service-based model, check out our guide on Best Business Loan Options for Service-Based Businesses for more tailored funding tips.
Conclusion: Build Your Future with Small Business Loans from Wise Advances
Don’t let limited cash flow hold your contracting business back. With Wise Advances’ tailored small business loans, you can confidently fund your next project, invest in growth, and handle unexpected expenses with ease.
and take the next step toward a stronger, more stable business.
