Construction projects usually require large sums of funds upfront or at intervals to regulate cash flow. A General Contractor or Subcontractor can get all their funds tied up in one project and not be able to take other jobs or bid at all.
Requirements:
- 12 Months of Bank Statements
- 3 Years of Tax Returns
- Profit & Loss Statement
- Current Balance Sheet
- Owner’s Personal Financial Statement
- Current Credit Report
- Debt Schedule
- Project Budget
- 25-30% LTV
- Credit Score 650+
- Additional documents required……
Small Business Solution 