(800) 949-0401 Apply NowConcrete contractors carry massive material and labor costs weeks before general contractors pay -- Crestmont Capital provides fast working capital, equipment financing, and business loans to keep your projects funded and your crew working.
The concrete contracting industry is one of the most capital-intensive trades in the construction sector. The U.S. concrete and masonry contracting market generates over $100 billion annually, according to U.S. Census Bureau data. Yet despite strong demand, concrete contractors consistently face one of the most challenging cash flow environments in all of construction.
Here is the core problem: concrete work requires massive upfront investment. Ready-mix concrete must be ordered and paid for before it is poured. Rebar, forms, admixtures, and equipment rental costs are all incurred before you complete a single square yard of work. On a commercial concrete project worth $500,000, your material and labor costs may hit $300,000 to $350,000 before your first progress billing is approved and paid by the general contractor -- which often takes 30 to 60 days after invoice submission.
According to Forbes, construction subcontractors are among the most likely small businesses to experience payment delays and cash flow stress. Working capital financing is not a luxury for concrete contractors -- it is a necessity for any company looking to maintain a healthy operation and take on growth.
Working capital loans provide a lump sum you can use immediately for concrete materials, payroll, equipment rental, or any operational expense. Borrow from $10,000 to $500,000 with terms from 3 to 24 months. Ideal for contractors managing multiple projects simultaneously who need to float costs ahead of progress payments.
Concrete contractors depend on expensive equipment -- concrete mixers, pump trucks, power trowels, screeds, saws, and formwork systems. Equipment financing lets you purchase or upgrade equipment with terms up to 84 months. Finance up to $500,000, with the equipment itself serving as collateral for straightforward approval.
A business line of credit provides revolving access to funds throughout the project cycle. Draw funds for concrete purchases in week one, repay when the progress payment arrives in week six, and draw again for the next pour. Maximum flexibility with interest paid only on what you use.
For concrete contractors with outstanding progress billings or invoices, invoice financing advances up to 90% of the outstanding invoice value within 24 hours. Stop waiting 45 days for GCs to process pay applications. Get paid now.
Equipment breakdowns, unexpected material cost increases, or an opportunity to bid a lucrative project on short notice -- fast business loans from Crestmont Capital provide same-day funding for urgent concrete contractor capital needs.
Don't let slow GC payments stop your projects. Crestmont Capital provides fast capital for concrete contractors -- apply in 5 minutes and get funded in 24 hours.
Apply Now - Free Quote| Qualification Factor | Minimum Requirement | Ideal Profile |
|---|---|---|
| Time in Business | 6 months | 2+ years |
| Monthly Revenue | $10,000/month | $80,000+/month |
| Credit Score | 580 FICO | 650+ FICO |
| License | Active contractor license preferred | Licensed, bonded, insured |
| Work Type | Residential or commercial concrete | Commercial concrete preferred for larger loans |
| Outstanding Liens | Case by case | None |
A concrete subcontractor in Houston, Texas won a $650,000 subcontract to place all concrete on a new 80,000 square foot industrial warehouse. The GC required the contractor to mobilize immediately, but the first pay application would not be approved for 45 days. Materials alone for the first month were $175,000 in ready-mix concrete and $40,000 in rebar. The contractor secured a $220,000 working capital loan from Crestmont Capital within 48 hours, purchased the materials, completed the first month of work, and received the $180,000 pay application on day 45. Total financing cost: $9,200. Revenue generated: $180,000 in 45 days.
A concrete contractor in Denver had a concrete pump break down mid-project on a Friday afternoon. The pump repair would take 3 weeks and cost $28,000. Renting a replacement pump would cost $4,500 per week. The contractor called Crestmont Capital at 8 AM Monday and received a $32,000 fast business loan by 2 PM the same day. The pump was repaired, and the contractor avoided a $120,000 contract penalty for schedule delays. Total financing cost: approximately $1,800 for a 30-day loan.
A residential concrete contractor in Atlanta had been doing driveways and sidewalks for 8 years at $25,000 to $40,000 per project. They wanted to move into commercial slabs -- larger contracts at $150,000 to $400,000 each. The transition required a concrete pump truck ($165,000), laser screed ($45,000), and additional forms ($30,000). Total equipment need: $240,000. Through Crestmont Capital equipment financing over 60 months, the monthly payment was $4,800 -- a fraction of the revenue from a single commercial concrete project.
A mid-sized concrete contractor in Phoenix was managing 10 simultaneous residential foundation projects with a combined contract value of $1.8 million. Between material purchases, crew payroll, and equipment costs, the company needed $180,000 in working capital each month to keep all projects moving. A $200,000 revolving line of credit from Crestmont Capital provided the flexibility to draw and repay as needed -- eliminating the monthly stress of timing material orders around customer payment schedules.
From $20,000 to $500,000, Crestmont Capital has flexible financing designed for concrete contractors. Get a free quote in minutes -- no obligation.
Get My Free Quote| Product | Amount Range | Term | Speed | Best For Concrete Contractors |
|---|---|---|---|---|
| Working Capital Loan | $10K-$500K | 3-24 months | 24-48 hours | Materials, payroll, project costs |
| Equipment Financing | $5K-$500K | 24-84 months | 2-5 days | Pumps, mixers, screeds, trucks |
| Line of Credit | $10K-$250K | Revolving | 24-48 hours | Multi-project cash flow |
| Invoice Financing | Up to 90% of AR | Per invoice | 24 hours | Outstanding pay applications |
| Fast Business Loan | $10K-$500K | 3-24 months | Same day | Emergency repairs, urgent material |
| SBA 7(a) Loan | $50K-$5M | Up to 10 years | 30-90 days | Fleet expansion, large growth |
Crestmont Capital is rated the #1 business lender in the country and has funded thousands of construction and contracting businesses. We understand the concrete industry's unique capital needs and underwrite accordingly:
As reported by AP News, the construction industry continues to face significant supply chain and cash flow challenges. Crestmont Capital provides the financial tools concrete contractors need to navigate these challenges and keep their businesses growing.
Disclaimer: All loan products are subject to credit approval and underwriting review. Loan amounts, rates, and terms vary based on creditworthiness, time in business, and other factors. This page is for informational purposes only and does not constitute a commitment to lend. Crestmont Capital is an equal opportunity lender. Please review all loan agreements carefully before signing.
