Construction Financing

According to a CNN Money report, banks rejected businesses in the construction industry more frequently than businesses in any other industry, and those who were able to receive loans were large companies looking to obtain over $100,000.

The current economy has been most unforgiving to the construction industry, but a cash advance from Yellowstone Capital can help you rebuild your company. We are not a bank, and our financing specialists have worked closely with many business owners in the construction industry who choose to invest in themselves with alternative financing many of which have been previously rejected by banks.

Construction Financing

Business Financing for Construction Businesses

Since the construction industry is seen as risky to banks, even applying for a bank loan can be an extremely strenuous process that has a small window of acceptance. Here at Yellowstone Capital, we do not believe that a rocky business history should dictate your ability to get the money that you need to have your business succeed in the future. We do not need most of the paperwork that banks may require you to provide including tax returns, years of balance sheets, and sales reports. While banks almost solely look at your credit rating, that is not the deciding factor for your chances of obtaining a merchant cash advance through us. Another reason why many businesses choose cash advances rather than loans comes down to the fact that we do not require you to pay a collateral. Rather than have your business maneuver through a standardized checklist of which your business may not be up to the qualifications of each requirement according to the banks, we only require you to fill out an easy application.

Since our experts have to review less of your financial history, you can find out in a matter of days if you have been approved. The waiting period for loans through banks or credit unions can take months, which your business nor your bills have time to wait for. In a few weeks you can have the capital you need to operate your business successfully. Our clients have used their cash advances towards various expenses.

We have seen our cash advances used toward:

  • Purchasing building materials
  • Equipment purchases and improvements
  • Increased staffing
  • Payroll
  • Advertising
  • staff training.

Does my Credit Rating Matter?

Whilst regular lenders require you to have a gleaming credit history before they'll even consider financing your business, here at Yellowstone we don't. We don't require a long credit history, we don't require a perfect credit history, and we don't require collateral.

The Approval Process

Our approval process is as quick as they come. We'll let you know within just a few days whether or not your application has been successful, and if it has, we'll do our best to get the money that you need to you within 7 days. This means you'll have access to the cash you need to start expanding or rebuilding your business in a very short timeframe – much shorter than if you obtained it through a traditional lender like a bank or credit union.

Our applications are quick, risk free and do not require a commitment. In a matter of days you can find out how much you will be able to invest in your business. Apply today and our experts can begin to help you to get the money that you need.

We also cater for businesses in other sectors, consequently we offer liquor store financing too!

We are your source for creative financing. Visit our official blog for updates too.