Until recently the size of projects small construction businesses could undertake was limited. Competing against larger firms for the same building projects was pointless. Not only were these businesses small in size, but also had older, possibly outdated equipment. When exploring their equipment financing options, most small construction businesses came to a dead end. Banks view small businesses as greater credit risks so an acquisition strategy that included bank financing seldom came to fruition.
With almost no way to obtain substantial construction equipment financing to make larger purchases or leases, small construction businesses could not compete for additional market share. In recent years, however, we have opened up our Equipment Financing programs.
Some of the features that make small construction business owners more competitive include:
While banks now feature similar financial products, an alternative financing company will offer the fastest application process timeline. National Business Capital is a leading alternative financing company that assists businesses including small construction companies to obtain the construction equipment financing they require quickly, and at terms they can manage. Applications do not take long to complete, financing decisions are made within 24 hours using realistic criteria, and borrowers will receive their money within days.
National Business Capital assists small businesses to gain market share and grow more competitive. We invite small construction business owners with questions about equipment financing to call us for a confidential business review at (888) 888-9124.
National Business Capital & Services is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.
Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.
We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!
Megan Capobianco is the Marketing Manager at National Business Capital & Services. Megan is passionate about helping business owners along their journey - providing them with relevant content they can use in their day-to-day operations.