Can construction get business line of credit?

Yes. Many providers work with construction. Approval depends on time in business, monthly revenue, credit and existing obligations. Typical ranges: $10k – $500k, Revolving; draws 6–24 mo.

How fast can construction get funded?

Business Line of Credit typically funds in 1 – 7 days once documents are submitted.

What do construction need to qualify?

6–24 months in business; $50k–$100k+ annual revenue; 600+ credit (better terms 680+).

Is a line of credit better than a term loan?

It depends on the use. Lines suit recurring or unpredictable short-term needs; term loans suit one-time investments with a clear payback.

Does a business line of credit affect my credit?

Applying may involve a credit check, and many lenders report payment history. Checking options through a soft pull doesn't affect your score.

Construction

Business Line of Credit for Construction

Business Line of Credit for construction provides draw funds as needed, pay interest only on what you use, with typical amounts of $10k – $500k and funding in 1 – 7 days. Construction cash flow is lumpy — progress billing and retainage create gaps that lines of credit and factoring fill.

Last updated October 23, 2026

Why construction use business line of credit

Construction cash flow is lumpy — progress billing and retainage create gaps that lines of credit and factoring fill.

Equipment
Materials for new jobs
Payroll between draws
Bonding and mobilization

How it works

Each draw is typically repaid over 6–24 months with online providers, or on a revolving monthly basis with banks. As you repay, the available credit replenishes.

Lines can be secured (by receivables, inventory or other assets) or unsecured with a personal guarantee.

Requirements

6–24 months in business
$50k–$100k+ annual revenue
600+ credit (better terms 680+)
Bank statements; tax returns for larger lines

Typical ranges

Amount: $10k – $500k
Term: Revolving; draws 6–24 mo
Cost: 10% – 60% APR
Speed: 1 – 7 days
Credit: 600 – 680+

Source: industry estimates compiled by BusinessFundingQuote.com; actual terms are set by each provider.

Other options for construction

Comparison of business funding options (industry estimates)
Option	Amount	Term	Typical cost	Speed	Credit
Business Line of Credit	$10k – $500k	Revolving; draws 6–24 mo	10% – 60% APR	1 – 7 days	600 – 680+
Equipment Financing	$5k – $5M	2 – 7 years	6% – 30% APR	1 – 10 days	600+
Invoice Factoring	$10k – $10M	Per invoice (30–90 days)	1% – 5% per 30 days	1 – 3 days	Customer credit matters most
Business Term Loans	$25k – $2M	1 – 10 years	8% – 45% APR	1 day – 4 weeks	650 – 680+

Frequently asked questions

Compare business line of credit offers for your construction business

Answer a few questions and compare offers from independent funding providers. Free, and checking options won't affect your credit.

Get my free quote

More for construction

Written by

BusinessFundingQuote Editorial Team

Small business finance writers

Reviewed by

Funding Review Desk

Reviewed for accuracy against current market practices

Rates and ranges on this page are typical market estimates for educational purposes, not offers. How we make money.