Secure the Best Construction Business Loans with SBA-Express

Expand your fleet, bid on larger contracts, and stabilize cash flow. We connect construction businesses with top-tier SBA-approved lenders for financing up to $5M.

Trust & Social Proof Section

Why Construction Businesses Choose SBA Express

For general contractors, electricians, plumbers, and heavy construction firms, cash flow is king. Projects often require significant upfront capital for materials and labor before the first draw is paid. Construction business loans backed by the Small Business Administration (SBA) offer a lifeline, providing the long-term, low-interest capital needed to stabilize operations and fuel growth. Unlike traditional bank loans that may require 20-30% down or short repayment terms, SBA 7(a) loans for construction are designed to be borrower-friendly. They reduce lenders’ risk, opening the door for small construction businesses to access financing that might otherwise be out of reach.

Loan Use Cases for Construction Businesses

Equipment Financing

Upgrade your fleet with excavators, bulldozers, cranes, or work trucks. SBA loans allow you to finance heavy equipment over 10 years, drastically lowering your monthly overhead compared to leasing.

Working Capital

Cover payroll, purchase raw materials, and manage the gap between invoicing and payment. Working capital loans ensure you can bid on new projects without squeezing your cash reserves.

Debt Refinancing

Consolidate high-interest merchant cash advances (MCAs) or short-term bridge loans into a single, manageable monthly payment with a lower APR.

Business Expansion

Secure funding to scale operations, hire additional crews, increase bonding capacity, or pursue larger contracts.

SBA Loan Options for Construction

Loan Program	Max Amount	Use of Funds	Speed
SBA 7(a) Standard	$5 Million	Working capital, Equipment, Refinance	30-90 Days
SBA Express	$500,000	Lines of Credit, Rapid Working Capital	30-45 Days

Did You Know?

Small business construction loans under the SBA 7(a) program can include soft costs. This means you can finance permits, architectural fees, and even installation costs for new machinery, bundling everything into one affordable loan.

How to Qualify for Construction Business Financing

While SBA loans are accessible, they do have strict requirements. To improve your chances of approval for SBA Express construction loans, ensure you meet the following baseline criteria: Credit Score: Typically 650+ for principal owners (above 680 is ideal) Time in Business: At least 2 years of operating history is preferred Profitability: Demonstrated ability to repay the loan through business cash flow Collateral: For loans over $25,000, lenders may require a lien on business assets Industry Experience: A track record of completed projects helps build trust with lenders

SBA Loan Calculator for Construction

Estimate your monthly payments for small business construction loans. SBA loans typically offer lower down payments and longer terms than traditional bank financing.

Loan Amount ($): 350,000
Interest Rate (%): 11.5
Current SBA 7(a) rates typically range from 10.5% to 13.5%
Loan Term (Years): 10 Years (Equipment/General)
Estimated Monthly Payment: $4,921

This is an estimate. Actual terms depend on your credit profile and the specific SBA lender.

Frequently Asked Questions

How hard is it to get a construction business loan from the SBA?

While SBA loans have a reputation for paperwork, programs like the SBA Express have streamlined the process significantly. Construction businesses with 2+ years of history, profitable tax returns, and decent personal credit (650+) generally have good approval odds compared to traditional bank loans.