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Construction Equipment Rental and Retail Business Loans

Working Capital for Construction & Heavy Equipment

Working capital is vital for construction and heavy equipment businesses to manage day-to-day operations, cover expenses, and seize new opportunities. Here are some options you can consider for obtaining working capital:

  • Invoice Financing
  • Supplier Financing
  • Merchant Cash Advance
  • Equipment Financing
  • Short-Term Loans

When considering these options, it's essential to check the cost, terms, and impact on your business's cash flow. A financial advisor or lender specializes in construction and heavy equipment financing.

Small Business Loans for Construction & Equipment

Small business loans tailored for construction and equipment can provide the necessary capital to grow your business. The loans are for buying or leasing equipment. They also cover growing your fleet or doing new construction.

One option is equipment financing, where the equipment itself serves as collateral for the loan. This can make it easier to qualify for compared to unsecured loans. Equipment loans have fixed terms and rates, allowing you to budget and plan.

Another option is a small business term loan. It gives a lump sum of capital that can be used for many things. These include construction projects and buying equipment. The loans have competitive rates and flexible repayment terms.

Some lenders offer construction loans tailored to the needs of construction projects. The loans provide funds in stages as the project progresses. They help you manage cash flow and costs during construction.

Eligibility: Heavy Construction Equipment Loans

Eligibility for heavy construction equipment loans can vary depending on the lender and the specific loan product. But, there are some common eligibility criteria that lenders may consider:

  • Have been in business for at least 1 year
  • Have a Social Security Number (SSN)
  • A monthly revenue of at least $15,000
  • Provide a 3-month bank statement
  • Have a valid Business Tax ID / EIN

Meeting these eligibility criteria can improve your chances of obtaining a heavy construction equipment loan. But, needs vary. So, check with lenders to understand their criteria and terms.

Application Process for Construction Equipment Rental Financing with Business Capital USA

You can apply for construction equipment rental financing with Business Capital USA. You can follow these general steps:

  • Apply Online: Complete our basic application form and upload the necessary documents online.
  • Get Approved: After receiving all required documents, we will approve your loan.
  • Get Funded: Funding can be received within 24 hours of approval.

The application process and requirements may vary by lender and loan type. Be sure to read all terms and conditions and ask any questions you may have before accepting the loan offer.

Testimonials

 
Business Cash Advance from Business Capital USA was the perfect and timely choice for my restaurant business. The funding process was relatively easy and quick. It is definitely the effective way forward for small business funding.

Jayme B., Restaurant
Star
The funding service was exceedingly great. I appreciate the open and honest loan information and quick process of funds. I will definitely come back to Business Capital USA for my restaurant funding needs.

Arlean B., Restaurant & Café
Star
I was in need of extra financing to upgrade my commercial kitchen. I availed restaurant financing from Business Capital USA and was not disappointed. Besides, I have nothing to worry with the manageable repayment option.

Randy E., Canteen Restaurant
Star
My business hit a rough ground and I was in short supply of funds. I applied for merchant cash advance for restaurants with Business Capital USA and it was fabulous to work with them. Many thanks!

Christy C., Food Court
Star