ContractorsKing Capital understands the funding challenges contractors face. Suddenly, a new project lands in your lap – you need to hire additional staff and purchase supplies, but don't have the working capital. Or, a project gets delayed because of bad weather or problems with codes. You need funds to pay vendors until you get started again. Or, your clients are slow to pay and you need funds now to meet ongoing expenses.
King Capital can help you meet your challenges!We offer revolving lines of credit up to $250,000 that work like a business credit card. Draw funds from your line whenever the unexpected happens – no applications, no waiting for approvals. When you pay back your balance, the funds are available again.
If a larger infusion of capital is needed, we can help you access a business term loan up to $2 million, with flexible terms from 3 months to as long as 10 years.
And for those slow payers, invoice/receivables financing from King Capital allows you to dramatically reduce your payment cycle. You sell your unpaid invoices to a third party, and get paid in just a few days rather than weeks or months!