INDUSTRY FUNDING
You front mobilization, labor, and materials months before the final draw clears. Coast structures capital around that reality — so retainage never decides which jobs you can take.
Construction is the only business where doing everything right still leaves you waiting to get paid. You win the bid, then mobilization costs hit before the first progress payment does — permits, deposits, materials, and crews on site weeks before a draw request even goes in. Add pay-when-paid language upstream and a GC's own billing cycle, and strong operators end up floating their best projects.
Then there's retainage. Five to ten percent of every invoice held until closeout means your margin on a finished job can sit locked up through the punch list and beyond — while the next job needs mobilizing today. Your bank sees lumpy deposits; we see a draw schedule doing exactly what draw schedules do.
Coast funds general contractors and trades alike — electrical, plumbing, septic and pumping, insulation, framing — with revenue-based reviews that read your pipeline the way you do.
Cover permits, deposits, materials, and crew ramp-up on a signed job before the first draw is approved.
Crews get paid every Friday; GCs pay in 45 to 60 days. Bridge the mismatch without slowing the job.
A rig, truck, or machine at the right price rarely waits. Finance it over 2 to 5 years with the equipment as collateral.
Lock in lumber, copper, or insulation pricing in bulk when the numbers favor buying now.
Free up the working capital tied to held retainage instead of waiting out the punch list to fund your next start.
When a retiring operator offers equipment, accounts, or a territory, move before another bidder does.
| Your situation | The fit | Why |
|---|---|---|
| Progress payment is 45 days out; payroll is Friday | Working Capital | Fast lump sum sized to the gap, terms from 6 to 24 months |
| Truck, rig, or machine with an invoice in hand | Equipment Financing | The equipment is the collateral — up to $5M over 2 to 5 years |
| Recurring gaps across multiple jobs and draws | Business Line of Credit | Draw as needed, pay only on what you use ($200K+ revenue) |
| A defined expansion — a crew, a yard, a territory | Business Loan | Lump-sum capital with a fixed payment schedule |
| A smaller need you'd rather handle fully online | Swell — our online revenue advance | 15-minute application, draw as needed, pay only for what you use |
An insulation contractor in the Upper Midwest running about $1.3M a year got a call: a competitor was retiring and offering his rigs at a fair price. He asked Coast for $50K and qualified for $67K in equipment financing on a 60-month term. He bought the equipment — and the retiring company's territory with it — funded the same day. The competitor's customers became his.
An electrical contractor on the Plains needed working capital to keep jobs moving and didn't have weeks to spend on a bank process. Coast structured roughly $18K on a 9-month term with weekly payments matched to his deposit rhythm. He applied, was approved, and was funded the same day.
A Southern California grease-trap and cooking-oil pumping company doing about $1.4M a year had an invoice in hand for a new pump truck. Coast's equipment team funded roughly $148K on a 60-month equipment term with monthly payments — closed the same day, and the truck went on the route instead of on a waiting list.
Coast works with established contractors and trades. These are a floor, not a ceiling.
Close but not sure you clear every bar? Talk to us anyway — your advisor reviews the whole business, including signed contracts and pipeline, and gives you a clear answer either way.
Yes — held retainage is one of the most common reasons contractors come to Coast. We look at your revenue and active contracts, not just the cash currently in the account, and structure a term that your next draws and closeouts can comfortably service. That frees the margin locked in finished work to mobilize the next job.
Yes. Used trucks, rigs, trailers, and machinery qualify for equipment financing, with the equipment itself serving as collateral. If you have an invoice or purchase agreement in hand — from a dealer, an auction, or a retiring competitor — our equipment team can typically move on it quickly, with terms of 2 to 5 years and fixed monthly payments.
Same-day funding is realistic when the request is straightforward — we have funded electricians, pumping companies, and insulation contractors the day they applied. Decisions come in minutes to hours, and closing documents signed by 11 AM PT can fund the same business day. When a crew is idle or a seller won't hold a price, that speed matters.
No — lumpy deposits are normal in construction, and our underwriting knows it. A bank may read three months between draws as instability; we read it as a draw schedule. Approvals are based on your overall revenue and business performance, and payment structures can be matched to how your money actually arrives.
Both. Coast funds GCs, homebuilders, and the trades — electrical, plumbing, septic and pumping, HVAC, insulation, framing, and more. Subcontractors often face the hardest cash-flow math in the industry, sitting behind both an owner's payment and a GC's pay-when-paid clause, which is exactly the gap our working capital programs are built to bridge.
Yes. Mobilization is a signed-work expense — permits, bonds, deposits, materials, and crew ramp-up before your first pay application. Funding those costs against a contracted job is among the most productive uses of borrowed capital in construction, because the receivable behind it is already committed. Your advisor can size the amount to the contract.
A short application and recent business bank statements — that's the starting point for most businesses. There's no hard credit pull to apply, so exploring your options won't affect your personal credit score. If equipment is involved, have the invoice or purchase agreement handy; for larger requests, an advisor may ask for a bit more.
$5K–$2M to bridge draws, retainage, and payroll — terms from 6 to 24 months.
$10K–$5M for trucks, rigs, and machinery over 2 to 5 years — the equipment is the collateral.
$10K–$500K revolving credit for recurring gaps — draw as needed, pay only on what you use.
A dedicated Business Funding Advisor can structure capital around how your business actually operates. No hard credit pull to apply.
*Closing documents must be completed by 11 AM PT Monday through Friday to receive funds the same business day. Weekend approvals will be processed the following business day.
Client examples reflect actual funded transactions with identifying details removed; individual results vary and are subject to underwriting approval.
Certain programs may be made available or arranged pursuant to California Financing Law License No. 60DBO-146720.