Business funding for concrete and paving contractors
Concrete and paving work is capital-heavy: mixers, pavers, rollers and forms cost real money, and material like ready-mix or asphalt has to be paid for close to delivery, no matter when the customer's invoice is due. Weather can shut a crew down for days without warning, and the season it runs in is often short.
- One application, several lenders
- No credit pull to see your options
- No fee to you, ever
Common funding needs
- Buying ready-mix, aggregate or asphalt close to a pour or paving date
- Financing a mixer, paver, roller or compactor
- Covering payroll while a commercial or municipal invoice is outstanding
- Bridging a weather delay mid-job
- Replacing forms, saws and finishing equipment
- Taking on a larger municipal or commercial paving contract
What usually fits
Products that usually fit
- Equipment financing for mixers, pavers, rollers and heavy iron; the equipment secures the loan.
- Invoice factoring for municipal and commercial contracts billed on terms.
- Line of credit for material orders and payroll between jobs.
- Term loan for a larger planned equipment purchase or fleet expansion.
Compare term loans, lines of credit, cash advances and equipment financing side by side →
Illustrative example
A worked example
A paving company finances a used roller and compactor package worth $70,000 over 5 years at an illustrative 7–17% a year: payments run about $1,386–$1,740 per month, or $83,165–$104,381 in total.
A $45,000 municipal invoice on 60-day terms factored at an illustrative 85% advance releases about $38,250 within days; at an illustrative 3% fee for the period, the fee is $1,350.
Illustrative example only, not an offer or a quote. Rates, fees and terms are set by each lender and depend on your business. Fees are not included unless stated.
Underwriting
What lenders look at
- Equipment age, hours and any existing liens or loans on it
- Split between municipal, commercial and residential contracts
- Payment history from municipalities and general contractors you bill
- Monthly deposits and how a short paving season affects them
- Insurance, bonding and safety record
- Owner credit and time in business
Honestly
Who this is not for
- A crew with no completed municipal or commercial contracts to factor
- Financing equipment sized for a much larger operation than your current contracts support
- Borrowing against a job stalled by a dispute over a weather-delay claim
If borrowing does not make sense, we will say so.
Are you a match?
Lender network minimums
Close but not quite there? Apply anyway and we will tell you honestly what is possible.
*Best available terms from lenders in our network. Every lender sets its own criteria; approval, amount and funding time are decided by the lender and not guaranteed.
| Time in business | 1 year+ |
|---|---|
| Monthly bank deposits | $20,000+ |
| Credit score | 500+ |
| Bank account | Business |
| Fee to you | $0 |
| Credit pull to start | None |
FAQ
Concrete & paving funding questions
Can you finance a used concrete mixer or paver?
Yes, most equipment lenders finance used heavy equipment, often with limits based on age and hours.
Do you factor municipal contracts?
Some factoring companies will, though municipal payment terms and processes can be slower and more specific. Tell us who the payer is and we will say what is realistic.
Can a short paving season hurt our approval odds?
Lenders who work with seasonal trades usually read a full year of deposits, not just the working months. Bring a full year of statements.
Do you finance forms, saws or finishing tools, not just big machines?
Yes, smaller equipment financing is available too, though for smaller amounts a line of credit is sometimes simpler.
Guides
Guides for concrete & paving
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Where we work: all US states · all Canadian provinces
See your options
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