Concrete is paid for the day it is poured and often paid back weeks later. Apply in five minutes; funding can arrive in as little as 24 hours.
Apply Now →Concrete work compresses a lot of cost into a single day. A crew, a pump or a mixer truck, forms, rebar, finishing tools, fuel and the concrete itself are all paid for or committed ahead of the pour. The finished slab, foundation or pavement is then inspected, accepted and billed, and the customer, whether a builder, property owner or general contractor, pays on its own terms. The cash goes out in a day and returns over weeks.
Texas concrete and foundation contractors also deal with ground and weather. A rain-out can delay a pour, a crew that is paid but cannot work still costs money, and rescheduling stacks jobs into the days that follow.
| Item | Illustrative amount | Paid |
|---|---|---|
| Forms, rebar and materials | $11,000 | Before the pour |
| Concrete delivered | $16,000 | At or soon after delivery |
| Crew and finishers | $6,500 | Weekly |
| Pump, fuel, equipment wear | $3,000 | Around the pour |
| Total spent | $36,500 | |
| Job billed | $48,000 | Client pays after acceptance and terms |
On these invented figures, the contractor has $36,500 invested before a dollar arrives. If the client pays on net-forty-five and the contractor has two or three jobs in progress, the cash tied up can exceed $100,000. These numbers are for explanation only and are not our terms or typical results.
Concrete work depends on machines: skid steers, mini-excavators, concrete saws, power trowels, vibrators, trucks and trailers, and for paving contractors, rollers, pavers and haul trucks. Each is a large purchase, and each one affects what the crew can handle in a day. A contractor who owns more equipment can take larger jobs or run two crews, but only after buying it.
Quarterly Texas wage reports and unemployment taxes, due by the last day of the month after quarter end, add to the payroll side of the calendar for contractors with employees.
A contractor deciding whether to bid a large flatwork, foundation or paving job has to consider not only the margin but the cash the job will absorb. A job with a thirty-five percent margin on paper is still a squeeze if materials, pump and crew must be paid for months before the client pays. Many experienced contractors set a rule for how much of their own cash a single job can tie up, and decline work that exceeds it.
Working capital changes that rule. It can allow a contractor to take on a job that would otherwise be too large to finance, provided the owner is realistic about the client's payment terms and the weather risk on the schedule.
Funding runs from $25,000 to $5,000,000. The application takes about five minutes and uses a soft credit pull. Funding can arrive in as little as 24 hours. Sole proprietors can apply.
Yes. Carrying materials and payroll until the client pays is a typical use of working capital.
Yes. Equipment purchases are a common use. Describe the purchase on your application.
Yes. Sole proprietors and small companies can apply.
Weather delays are a normal reason to need a payroll bridge. Describe your situation on the application.
In as little as 24 hours after approval.
Three months of business bank statements and a 5-minute application. FICO 500+ considered. $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →It takes about two minutes and it will not affect your credit score.
No obligation • No impact to your credit score
