In this current climate, there has never been a greater demand for housing and commercial business development. However, like all industries, this too is seasonal. At times of the year, a slowdown will be imminent. This decrease in productivity may result in a lack of funding to cover expenses such as labor, materials, and project costs before completion. Even unexpected harsh weather can lengthen your timetable, which can play havoc with your bottom line. Regardless of the type of construction business you’re in, a loan can offer an influx of cash flow to handle any financial obstacles you might incur.
The challenge of being approved for a loan lies in the method of funding. Traditional lenders have increased requirements that can decrease chances for approval or receiving funds in a timely fashion. While an online lender offers a quicker, streamlined funding solution. Both options will look for:
Within a few days of working closely with Upscale Capital, the funds were transferred.
Each question or concern I had was always answered in a timely manner. The company has a high level of professionalism.
I now have my preferred source of capital and I can feel relieved that I have a partner always alongside me.
The entire process takes just 2 minutes with no fee.
92% of the applications submitted are approved within 24 hours.
Funds are deposited to your bank account within hours of approval.
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