Compare a business line of credit for construction and contracting from 50 lenders in one application. The lenders that fund construction companies bid for your deal — real offers in about 24 hours, no effect on your credit.
A business line of credit fits construction companies with uneven or seasonal cash flow. Draw to cover materials, payroll, and bonding while you wait on draws, repay as revenue comes in, and draw again — you only pay for what you use. One application compares lines from 50 lenders.
Instead of applying to one lender and hoping, you apply once and the lenders that actually fund construction companies compete for your business. You compare real offers side by side and take the best terms — with no effect on your credit to look.
Reach the lenders most likely to fund a business like yours in a single form.
Comparing offers is a soft pull; a hard inquiry only happens if you accept.
Fund materials, payroll, and bonding while you wait on draws with offers in about 24 hours.
Six questions. No documents required to start. No effect on your credit score.
Review the 8–12 lenders matched to your profile and choose who to apply to. Your file goes only to the lenders you select.
We negotiate the best terms with each lender you selected and send you their real offers — side by side on APR, term, and payment.
One signature. Funds wire direct from the lender. Median: under 2 days end-to-end.
Yes — construction companies are a core fit. EQ Funding routes your file to the lenders in our network that specifically fund businesses like yours, so you see offers from the lenders most likely to approve you rather than a single bank's yes-or-no. The application takes about two minutes and there is no effect on your credit to see what you qualify for.
Most commonly materials, payroll, and bonding while you wait on draws. There are typically no restrictions on use beyond the product itself — you take the capital and put it to work. If your need is more specific, the application lets you say so, and we route you to the lenders that fund that use.
First offers typically arrive within about 24 hours of applying, and funding can follow in as little as 48 hours once you accept. Asset-based and revenue-based products tend to move fastest; SBA-backed options take longer but carry the lowest rates and longest terms.
Comparing offers is a soft pull with no effect on your credit score — a hard inquiry only happens once you accept a specific lender. And it costs you nothing: EQ Funding is paid by the lender when your deal closes, never by you.
A business line of credit is revolving — you draw what you need, pay it back, and draw again. A term loan is a one-time lump sum with fixed monthly payments. Lines of credit work best for variable cash flow and seasonal businesses.
Most business line of credit loans in our network require 620+ FICO. Larger lines of credit ($250K+) typically require 680+ and 2+ years in business. We route your file to the lenders most likely to fund your profile.
Initial approval in 24–48 hours. Once your line of credit is established, draws transfer to your bank in 1–2 business days. Some online lenders offer same-day draws once the line is open.
Bank-issued lines of credit run Prime + 1–4% (about 8–12% currently). Online and alternative lender lines run higher (15–30%) but approve faster and accept weaker credit. We compare both.
A soft inquiry to pre-qualify has no effect on your credit. After you accept an offer, the lender pulls a hard inquiry. Most business lines of credit don't report on personal credit unless personally guaranteed and in default.
Six questions. Two minutes. No effect on your credit score. Real offers from 50 lenders within 24 hours.