Same-Day Merchant Cash Advance for Construction Companies
A construction company can get a merchant cash advance funded the same business day when a job needs materials, a payroll lands before a draw, or equipment breaks mid-project. Funders read deposits that arrive in big, uneven draws, so the daily or weekly payment has to fit the weeks between them, especially in winter.
Why contractors need money fast
Draws and payroll don't line up
A general contractor pays crews every week but gets paid when the owner or the project's bank releases a draw, often weeks after the work. When a draw slips, payroll doesn't.
Materials needed before the next phase
Suppliers want payment or a deposit before they deliver lumber, steel or concrete for the next phase. A late delivery idles a crew and can trigger delay penalties.
Equipment down on a job site
A skid steer or a lift that quits mid-job stops the schedule. Renting a replacement costs money today.
The daily debit in January, worked out
Take a construction company with $200,000 in normal monthly deposits that gets $90,000 today at a 1.32 factor: $118,800 owed, about $808.16 per business day over 7 months.
| Month | Deposits | Payments that month | Share of deposits |
|---|---|---|---|
| An average month | $200,000 | $16,970 | 8.5% |
| January, the slowest | $190,200 | $16,970 | 8.9% |
| August, the busiest | $205,200 | $16,970 | 8.3% |
In January it climbs to 8.9% of deposits, from 8.5%. The January figure follows BLS QCEW employment for construction (NAICS 23): 95.1 on a 100 base, rising to 102.6 by August.
What speeds up a construction file
- Recent business bank statements that show draw deposits clearly.
- A short schedule of active jobs with contract values and expected draws.
- An ID and a voided check for the funding account.
- Quick answers on any large one-time deposits, like a final draw on a big project.
Funders don't want surprises. A contractor who explains that a large deposit was a retainage release gets a cleaner read than one who leaves the underwriter guessing.
How funders size a contractor's advance
Because draws are lumpy, funders look at several months and average them rather than trusting one strong month. They also look at backlog: signed work ahead is what repays the advance. Retainage held by owners until project completion is money you're owed, but most funders won't count it until it's actually released.
Quick answers
Can a contractor get a merchant cash advance the same day?
Yes, when statements, an active job list, an ID and a voided check are in early and the verification call happens that morning. Funders set their own wire cutoffs. Explaining big one-time deposits, like a final draw or a retainage release, up front keeps the underwriter from pausing the file.
How do funders handle uneven construction deposits?
They average several months rather than using your best one, and they look at your backlog of signed work. A weekly payment schedule often fits contractors better than a daily one, since draws come in lumps. Ask for the payment to be sized on your leaner months, especially winter.
Does retainage count toward a construction company's revenue?
Not until it's paid. Retainage is money owners hold back until a project is finished, so it isn't in your bank account yet. Funders count deposits, not receivables, though a list of retainage you're owed helps them understand when larger payments are coming.
More for construction companies
- Second position MCA for construction companies
- MCA consolidation for construction companies
- Revenue-based financing for construction companies
- Business line of credit for construction companies
- How funders read construction companies
- Same-day merchant cash advance: how it works
Run your own numbers with the MCA payment calculator.
Want to see what fits a construction company like yours?
Tell us your slow months and your open advances, and we'll shop the file with funders whose programs fit. Call 877-FUND-654 with any question. We call you back, usually the same business day, and we always talk with you before we shop your file.