(800) 949-0401 Apply NowFlooring companies purchase expensive materials weeks before installation and final payment -- Crestmont Capital provides fast working capital, equipment financing, and business loans to keep your jobs on schedule and your business growing.
The U.S. flooring installation industry is a thriving sector driven by new construction, remodeling activity, and the replacement cycle for residential and commercial flooring. The U.S. floor covering industry generates over $25 billion in annual revenue, according to U.S. Census Bureau data. But flooring companies -- whether they specialize in hardwood, LVP, tile, carpet, or commercial flooring -- face significant cash flow challenges that financing helps address.
The central challenge: flooring materials must be purchased, delivered, and stored before any installation can begin. On a $80,000 commercial flooring project, you may need to purchase $35,000 to $45,000 in materials upfront. You then complete the installation over 2 to 4 weeks before submitting your final invoice -- and wait another 30 to 60 days for payment. Meanwhile, your crew's payroll, delivery vehicle costs, and tool maintenance never pause.
On new construction projects, the timing gap can be even more extreme -- floors are often one of the last trades to finish, which means waiting until the entire project completes before final payment arrives. As reported by CNBC, this kind of capital timing mismatch is a leading cause of financial stress for small construction subcontractors.
Working capital loans provide immediate cash to purchase flooring materials, cover payroll, and manage overhead while customer payments are pending. Borrow $10,000 to $500,000 with terms from 3 to 24 months. This is the most popular financing product for flooring companies managing multiple simultaneous jobs.
A business line of credit provides revolving access to funds -- draw for materials, repay when the job closes, and draw again for the next project. Perfect for flooring companies with a steady pipeline of residential work where material purchases recur constantly.
Equipment financing covers delivery vans and trucks, floor saws, nail guns, sanding and finishing equipment, moisture meters, installation tools, and showroom buildouts. Finance up to $500,000 over 24 to 84 months with the equipment as collateral.
Invoice financing converts outstanding invoices to immediate cash -- up to 90% of invoice value within 24 hours. Ideal for flooring subcontractors doing commercial work for general contractors with 45 to 90-day payment terms.
Fast business loans provide same-day funding for urgent material purchases, equipment breakdowns, or unexpected opportunities. Don't miss a big job because you couldn't move fast enough.
Stop waiting on slow client payments. Crestmont Capital delivers fast working capital for flooring companies -- 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 | $60,000+/month |
| Credit Score | 580 FICO | 650+ FICO |
| Business Type | Any flooring specialty | Hardwood, LVP, tile, carpet, commercial |
| License | Preferred by state | Licensed, bonded, insured |
| Outstanding Liens | Case by case | None |
A commercial flooring company in Denver won a $280,000 contract to install LVP flooring in a 12-story office building. The project required $130,000 in LVP materials, underlayment, and adhesives purchased upfront before installation could begin. The GC's contract had net-45 payment terms on progress billings. Using a $140,000 working capital loan from Crestmont Capital, the flooring company purchased all materials, began installation, and submitted the first $95,000 progress billing 3 weeks into the project. The loan was repaid from the first two progress payments.
A flooring company in Scottsdale, Arizona had been doing contractor installation work but wanted to open a showroom to capture higher-margin direct-to-consumer sales. The showroom buildout and sample inventory cost $75,000 -- $40,000 in construction, $25,000 in sample inventory, and $10,000 in signage and marketing. Using a $80,000 working capital loan, the owner opened the showroom within 60 days. Within 6 months, retail sales were contributing $35,000/month in revenue at margins 20 percentage points higher than contractor work.
A residential hardwood flooring company in Charlotte had outgrown its single delivery van. The company was declining 3-4 jobs per week because it could not deliver materials and make installation appointments simultaneously. A used cargo van for flooring deliveries cost $38,000. Equipment financing from Crestmont Capital covered the van over 48 months at approximately $900/month -- enabling the company to take on $25,000 in additional monthly revenue it had been declining.
A flooring subcontractor in Nashville was working on 22 new construction homes simultaneously for three regional homebuilders. The builders paid net-45 from substantial completion, but the flooring company needed to purchase $60,000 in materials every two weeks to keep all jobs moving. A $120,000 line of credit from Crestmont Capital provided the working capital buffer needed to purchase materials in advance and repay the line as builder payments arrived. The company never had to decline a builder assignment due to capital constraints.
From material financing to equipment loans, Crestmont Capital has the funding solutions flooring companies need to grow. Get a free quote in minutes.
Get My Free Quote Now| Product | Amount Range | Term | Speed | Best For Flooring Companies |
|---|---|---|---|---|
| Working Capital Loan | $10K-$500K | 3-24 months | 24-48 hours | Materials, payroll, project costs |
| Line of Credit | $10K-$250K | Revolving | 24-48 hours | Recurring material purchases |
| Equipment Financing | $5K-$500K | 24-84 months | 2-5 days | Vans, tools, machinery |
| Invoice Financing | Up to 90% of AR | Per invoice | 24 hours | Commercial GC invoices |
| Fast Business Loan | $10K-$500K | 3-24 months | Same day | Urgent materials, repairs |
| SBA 7(a) Loan | $50K-$5M | Up to 10 years | 30-90 days | Showroom expansion, acquisitions |
Crestmont Capital is rated the #1 business lender in the country and has helped thousands of flooring companies, installation businesses, and flooring retailers access the capital they need to grow. Here is what distinguishes Crestmont Capital:
As highlighted by Bloomberg, alternative business lenders have become the go-to source for small trade contractors who cannot access traditional bank financing. Crestmont Capital leads this market with fast, flexible products built for trade professionals.
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.
