Construction
Working capital for
construction.
Bridge progress payments, finance materials for new projects, and keep crews on the job while invoices age. Working capital up to $5M tuned to construction cash cycles.
- Up to $5M
- No hard credit check
- Same-day decisions
- All 50 states
Funding construction
How PIRS funds construction.
Construction operates on long payment cycles. Progress payments, retainage, and net-60 terms mean crews are owed money long after the work is done, and payroll, materials, and equipment costs don't wait for a stuck draw to clear.
PIRS approvals are tuned to construction cash cycles. We expect long receivables and structure repayment around your actual deposit cadence, with subordination flexibility for crews carrying equipment financing.
Materials at mobilization, payroll through the draw cycle. We fund the working-capital gap in between.
Common use cases
What construction operators actually use working capital for.
Drawn from real PIRS-funded files across the category.
Bridging progress billings & payroll
Cover weekly payroll and trade-partner payments while progress draws and retainage age.
Material purchases for project starts
Procure lumber, steel, concrete, and finishes ahead of mobilization without tying up your line of credit.
Equipment repairs, replacements & rentals
Same-day decisions when a key piece of equipment goes down mid-project.
Bonding & insurance support
Working capital to support bonding capacity, certificate-of-insurance requirements, and pre-qualification packages.
Subcontractor & trade-partner payments
Keep your sub list happy: pay on time even when the GC above you is slow.
Mobilization for new commercial or municipal jobs
Cover the upfront costs of standing up a job site before the first invoice is even cut.
Why PIRS
Why construction operators choose PIRS.
Underwriting tuned to how your category actually earns, not a generic credit box.
Built for long receivables
Net-60, net-90, retainage: we expect them. Underwriting accounts for the cash cycle, not just the bank balance on the 1st.
Subordination flexibility
Equipment loans, a prior advance, or an existing line don't automatically disqualify a strong file. We structure around your stack.
1st & 2nd-position structures
We write both positions depending on what's already in place. Bring the paperwork, and we'll size around it.
Renewal-friendly
Project-based cash needs repeat. We structure renewal capital aligned to your project cadence, not a hard reset.
A note on eligibility
A few sub-segments aren't eligible.
We say no up front. It saves everyone time.
- Real-estate-investment-focused entities are not eligible.
- House-flipping and speculative-development LLCs are not eligible.
Questions we hear most
Construction: what operators ask first.
Why is working capital so common in construction?
Can a construction company use working capital for materials?
Does PIRS fund residential and commercial construction?
How fast can a construction company get funded?
Do you fund specialty trades and subcontractors?
Adjacent verticals
Other industries we fund.
Many operators run businesses that straddle categories. Here are a few we underwrite alongside this one.
- BBB A+ Accredited
- Trustpilot
Working capital built for construction.
Apply in minutes for a soft offer with no hard credit check. A real person works your construction file from start to finish.