ConstructionBuilding a construction business means building bigger. Taking on larger, more profitable projects when the opportunities arise. Which means expanding your team, upgrading your equipment and paying upfront for materials. Which means obtaining funding – fast.
Unfortunately, traditional lenders, with their high qualification standards and long approval periods, aren't nimble or flexible enough to help you grab the opportunities that enable you to grow.
King Capital is here to help you build up your business!A business term loan can provide the infusion of capital you need to meet your goals. Loans are available up to $2 million, with flexible terms from 3 months to as long as 10 years.
King Capital equipment financing is built for the construction industry. You can typically borrow up to 100% of the amount you need to buy the targeted equipment – up to $5 million per piece. The program is easy to qualify for and easy to repay – low monthly rates are similar to what you'd pay to rent equipment.
For short-term working capital, we offer revolving lines of credit up to $250,000 that work like a business credit card. Draw funds from your line whenever the unexpected happens – no applications, no waiting for approvals. When you pay back your balance, the funds are available again.
If projects get delayed or clients are slow to pay, King Capital invoice/receivables financing allows you to dramatically reduce your payment cycle. You sell your unpaid invoices to a third party, and get paid in just a few days rather than weeks or months!