Underwritten in-house · All 50 states
Working capital for contractors, funded in 24 hours.
$10,000 to $2,000,000. No minimum credit score. 6 months in business and $180,000 in trailing-12-month deposits. Weekly remittance, a 2-page agreement, and up to 30% off for early payoff.
$0 to apply · Soft credit pull · No impact to your credit score · 4-minute application
The short answer
Jobsite Funding funds construction working capital from $10,000 to $2,000,000 in 24 hours, underwritten in-house. There is no minimum credit score.
You need 6 months in business, $180,000 in trailing-12-month business deposits, and a US business bank account. The cost is a fixed total in dollars, disclosed in the 2-page agreement before you sign, over 3 to 18 months, remitted weekly. Pay it off early and take up to 30% off the remaining balance.
What contractors actually use it for
- Mobilization. Mobilization runs 5%–10% of contract value and public owners often cap it there. On a $2,000,000 site job that is $150,000–$200,000 out 60–90 days before the first pay application clears.
- Payroll between draws. 86% of subcontractors pay labor out of pocket while waiting to be paid. Weekly payroll does not wait for the GC's accounting cycle.
- Materials float. 75% of subs pay for materials out of pocket, and 81% have supplier terms shorter than their wait for payment. Your supplier wants 30 days; your GC takes 83.
- Taking the job you would otherwise pass on. 56% of contractors have turned down work because of cash-flow risk. The job you decline is the most expensive thing on this page.
- Covering a backcharge or a change order in approval limbo. Change-order approval lags 30–60+ days; the cost is already spent.
- Bonding, permits, and insurance at the front of a job.
What it costs, stated plainly
We do not publish a cost multiplier here, and we do not quote one on the phone before we have read your file. What we publish is the shape of the cost and the things that move it.
- One fixed total, in dollars, before you sign
- The 2-page agreement states the amount funded, the total amount to be remitted, the remittance amount, and the remittance frequency. Nothing compounds. Nothing re-prices mid-term. There is no origination fee bolted on after approval.
- What makes your cost lower
- 24+ months in business, clean statements with no NSF activity, a strong and legible trailing twelve, first position, and supporting documents — approved pay applications, a signed subcontract with a schedule of values, or a retainage schedule. That last category moves pricing more on a construction file than a credit report does.
- What makes it higher
- 6–12 months in business, an existing open position, prior NSF activity, or a trailing twelve we can only partially verify. Two sub-$5,000 months do not make it higher — that is a published allowance, not a pricing event.
- Early payoff is a discount, not a penalty
- Retire the balance ahead of schedule and we discount up to 30% of what is left. The discount schedule is printed in the agreement — you do not have to call and ask for it. There is no prepayment penalty on any in-house product, ever.
How we structure it for construction
Weekly remittance is the default.
Not daily. An account that receives one pay-app deposit a month cannot service a daily debit, and pretending otherwise manufactures a default out of a healthy job.
Off-Season Step-Down.
Name up to 4 slow months at application; payments in those months are 40% of the in-season payment and the deferred principal re-amortizes across the in-season months. You see both numbers before you sign.
Pay-app-aligned start date.
We can set the first remittance to land after your next pay application clears, up to 21 days out, so the first payment comes from the job rather than from your reserve.
Renewal at 50%.
Most contractors renew. At 50% paid down you can take additional capital without a new application — the file is already underwritten.
The Contractor Standard
Our published minimums. No login, no form, no phone call to find out.
| Requirement | Jobsite Funding |
|---|---|
| Minimum credit score | None for working capital, the Drawline, or invoice factoring. We underwrite cash flow. 600+ for equipment financing. 650+ for SBA and bank term loans. |
| Time in business | 6 months |
| Revenue | $180,000 in trailing-12-month business deposits. Not a monthly minimum. |
| Slow months | Up to 2 months under $5,000 in your last 12 — no penalty, no explanation required. |
| Bank statements | 6 months. We read 6, not 3, because 3 months of a contractor's statements is a season, not a business. |
| Also counts as revenue | Approved pay applications, signed contracts with a schedule of values, and retainage receivable. Money you have earned but not yet been paid. |
| Funding range | $10,000 to $2,000,000 underwritten in-house. Up to $10,000,000 through our bank and SBA partners. |
| Time to funding | Same business day on complete files received before 11:00 AM ET. 24 hours is typical. |
| Contract length | 2 pages. |
| Early payoff | Discount of up to 30% off the remaining balance. No prepayment penalty on any in-house product, ever. |
| Collateral | None required for working capital or the Drawline. Equipment financing is secured by the equipment. |
| Personal guarantee | Yes, on in-house products. Standard for the industry and we are not going to pretend otherwise. |
| License | Active state or local trade license where your work requires one. |
| Business type | US business with a US business bank account and an EIN. Sole proprietor, LLC, S-corp, C-corp, partnership — all eligible. |
| Where we lend | All 50 states. |
| Cost | Working capital: a fixed total cost, disclosed in dollars in the agreement before you sign, over 3 to 18 months. Drawline: 1.8% to 4% per 30 days on the drawn balance only. Equipment: 7.9% to 24.9% APR, 24 to 72 months. |
| What it costs to apply | $0. Soft credit pull. No impact to your personal credit score. |
What we will decline: businesses under 6 months old, businesses with 3 or more open advances already in place, federal or state tax liens without a payment plan, and any applicant with an open bankruptcy. We will tell you on the phone, the same day, and we will tell you why.
Off-Season Step-Down: name up to 4 slow months at application and payments in those months are 40% of the in-season payment, with the deferred principal re-amortized across the in-season months. It is written into the contract at origination, not negotiated after you miss. Available on working capital and the Drawline.
Criteria last reviewed: 21 October 2026
A worked example
A 9-year electrical sub in Columbus does $1.4M a year. June through October runs $180,000/month; December through February runs $40,000/month. Three statements pulled in January show $40,000/month, and every generic lender gates them out at a "$15K/month" minimum, because the trailing average they compute is a winter average.
We read trailing twelve: $1.4M, which clears the $180,000 gate many times over. We size off June–August, not January. They take $150,000 over 12 months, remitted weekly, with December, January and February elected as step-down months — and in those three months the weekly remittance is 40% of the in-season figure, written into the agreement at origination.
Illustrative. Actual terms are set by underwriting.
Seasonal and project-lumpy revenue. We gate on $180,000 of trailing-12-month deposits rather than a 3-month average, we allow up to 2 months under $5,000 in that window with no explanation required, and we size the offer off your 3 strongest consecutive months. Off-Season Step-Down drops your payment to 40% in up to 4 months you name at application, written into the contract at origination.
Keep reading: the Drawline line of credit · invoice factoring · equipment financing · funding by trade · how we underwrite a seasonal contractor · all six products · what you need to apply
Working capital, answered
- What credit score do I need for construction working capital?
- None. Jobsite Funding sets no minimum credit score on working capital, because the product is underwritten on cash flow — trailing-12-month deposits, deposit consistency, existing positions and supporting job documents. Credit is read, but it is not a gate.
- Is this a loan or a merchant cash advance?
- It is structured as a purchase of future business receivables at a discount, not as a term loan, and the cost is expressed as a total dollar amount rather than an annual percentage rate. The total to be remitted, the remittance amount and the frequency are all on the 2-page agreement before you sign. We would rather say that plainly than call it something it is not.
- Can I get working capital with an existing advance?
- Usually yes in second position. Jobsite Funding declines files with 3 or more open advances. Disclose what is in place on the first call — it changes the structure and the sizing, not necessarily the answer.
- Do you require a personal guarantee?
- Yes. In-house products require a personal guarantee from an owner of 20% or more. That is standard across this industry and we are not going to pretend otherwise. No other collateral is required on working capital.
- What if I am a sole proprietor?
- Sole proprietors and single-member LLCs are eligible, provided the business has a US business bank account and an EIN. The entity type does not change the Contractor Standard.
- How is the amount I qualify for decided?
- Off your 3 strongest consecutive months of deposits in the trailing twelve, not the 12-month average, because peak season is when the obligation actually gets serviced. Approved pay applications, signed subcontracts with a schedule of values, and retainage receivable are added to the picture as earned-not-yet-paid revenue.
- What happens in my slow season?
- You elect Off-Season Step-Down at application and name up to 4 months. Payments in those months drop to 40% of the in-season payment and the deferred principal re-amortizes across the in-season months. It is a contract term set at origination, not a hardship program you have to ask for after you miss.
- How fast is the money actually there?
- Same business day on complete files received before 11:00 AM ET; 24 hours is typical. A complete file means the application, 6 months of business bank statements, a driver's license and a voided business check.
Payroll is Friday. The pay app is not.
$0 to apply · Soft credit pull · A person calls you the same business day