Materials and crews are paid on the calendar; contractors are paid on approval. Apply in five minutes; funding can arrive in as little as 24 hours.
Apply Now →Tyler is the county seat of Smith County, with 105,995 residents at the 2020 census, making it the most populous city in Northeast Texas. A regional center like this sits in the middle of a wider trade area that includes neighbors such as Whitehouse and Lindale, so a Tyler contractor may well take jobs outside city limits, with crews on the road.
Travel adds costs most city-only contractors do not carry: fuel, crew time in the truck and sometimes lodging, all before the invoice goes out.
| Job type | Pay pattern | Cash risk |
|---|---|---|
| Residential remodel or repair | Deposit, then milestones, then final | Last payment lags the work |
| Commercial tenant work | Progress billing | Approval delays |
| Small public or institutional work | Pay applications, longer cycles | Longest float |
Taking on a larger job usually stretches the float, not just the revenue. A $300,000 job does not just earn three times what a $100,000 job earns; it also spends three times as much before the first payment.
Texas Property Code section 28.004 says overdue amounts on a construction payment accrue interest from the day after the due date at 1-1/2 percent per month. That gives you a lever in negotiation. It does not pay your crew this week.
For lien rights, the property code requires a lien affidavit filed with the county clerk. For a non-residential original contractor, section 53.052 sets the deadline at the 15th day of the fourth month after the month the work was completed. This is general information, not legal advice; check with an attorney for your job.
A Tyler concrete and site contractor takes a $150,000 job 40 miles away. Over the first four weeks the crew drives, fuels equipment, pours and finishes, with payroll of about $22,000 and materials of $40,000. The first progress payment is 30 days after approval. These round numbers show the shape of the float, not our terms or a typical outcome.
A job that stops for rain still costs money. Crews may be paid for the day, rented equipment keeps accruing and the schedule slides, which pushes the next milestone and its payment later. On a long job a few lost weeks across a season can move a draw from one month to the next, and the contractor's cash plan with it. Experienced owners build weather slack into their payroll plan, and some keep a modest reserve specifically for it. When the reserve is not there, short-term working capital can cover the stretch, provided the payment is something the next few draws can carry.
Change orders deserve the same discipline. Extra work approved verbally and paid later is a loan from the contractor to the owner. Getting the signature before the work starts is the best fix, and funding is the fallback when it does not happen.
Read about working capital and equipment financing in Tyler.
Funding runs from $25,000 to $5,000,000, with a five-minute application and a soft credit pull. Sole proprietors can apply. Funding can arrive in as little as 24 hours. Apply here.
Yes. Surrounding-area businesses can apply; describe where you work.
Add payroll, fuel and materials to the first payment date, then subtract what you can cover.
No. It is working capital. Talk to an attorney about lien dates.
Yes.
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
