Industry Authority Center
Quick Answer
Contractors qualify for MCA funding using bank statements showing ,000+/month in deposits, 500 FICO, and 4+ months in business. The advance is repaid as a percentage of daily bank deposits — not tied to job completion or draw schedules. Capital is available in 1-3 days, making it viable for material procurement before a draw arrives.
You bid the job. You won it. Now you need $40,000 in materials before the first draw arrives in 3 weeks. Banks won't move that fast. This resource center was built for contractors who live in the gap between job start and first payment.
Start with the resource that matches your situation.
Every tool, guide, and reference built for contractors and trade businesses.
How MCA solves draw schedule gaps, what underwriters look for in contractor bank statements, how large project deposits are evaluated, and how to maximize your approval odds.
Read the Guide →Enter your average project size and payment timeline to see your estimated funding gap, recommended advance amount, and what the daily payment looks like as a percentage of deposits.
Open Calculator →Pre-application checklist specific to contractors. Covers bank statement requirements for project-based income, what to do if deposits are irregular, and how to present your file.
Get the Checklist →The contractor float problem explained. How to plan for draw schedule gaps, material cost timing, seasonal slow periods, and what to do when two projects end in the same month.
Read the Guide →How underwriters read periodic project deposits vs. steady daily deposits. What makes contractor bank statements look strong or weak — and exactly how to improve yours before applying.
See Approval Factors →15 ChatGPT prompts for contractors — project cash flow analysis, bid profitability, draw schedule planning, vendor payment terms negotiation, and funding prep.
Get the Prompts →Working capital strategies for contractors: draw schedule gaps, payroll bridge, material costs, and when MCA makes sense vs. invoice factoring or equipment financing.
Read the Guide →2026 average factor rates for construction and contractors (1.33 avg), what drives your rate up or down, and how to compare funder offers accurately.
See Rate Benchmarks →Six steps from application to funded account. Full timeline, document requirements, and what to expect. Know the process before you commit to it.
See the Process →How MCA bridges the gap between draw schedule payments and payroll, materials, and subcontractor costs. Covers qualification criteria, factor rates, and payback timing.
Read the Article →New to MCA? This complete guide explains how MCA works, what it costs, who qualifies, and how it differs from a business loan — written for contractors, not bankers.
Read the Guide →A $75,000 advance at 1.25 means you repay $93,750 total. This guide explains factor rates in plain terms so you know exactly what you're agreeing to before signing.
Read the Guide →Side-by-side comparison — speed, cost, credit requirements, collateral. Contractors approved by MCA while waiting on SBA loans will find the decision matrix particularly useful.
Compare Options →How underwriters read contractor bank statements — which are fundamentally different from retail or restaurant accounts.
Factor rates for contractors: 1.15–1.32 for strong profiles. Large project deposits evaluated on 3-month average, not any single month.
Banks and MCA lenders look at contractor cash flow completely differently.
The key insight: a contractor averaging $60,000/month across periodic project payments looks exactly the same to an MCA underwriter as a restaurant doing $60,000 in daily card swipes. It's about the average, not the timing. Read the full Contractor Funding Guide →
Common questions from contractors about qualifying, draw schedules, funding amounts, and the application process.
Yes. MCA for contractors is evaluated on monthly deposit volume from your business bank account over the last 3 months. Even if deposits are periodic (large project payments every 2–6 weeks), underwriters understand contractor cash flow patterns. Minimum: $4,000–$6,000/month in average monthly deposits, 6 months in business, 500 FICO.
Draw schedules create the most common cash flow gap contractors face: you purchase materials at job start, but the first draw doesn't arrive for 2–4 weeks. MCA bridges this gap. The advance is approved based on your past deposit history, not your future draw schedule.
Contractor funding typically ranges from $25,000 to $300,000 depending on average monthly deposits. The general offer is 75–150% of average monthly deposits. A contractor averaging $60,000/month in project payments may qualify for $45,000–$90,000.
Minimum requirements: 6 months in business, $8,000+ average monthly deposits through a business checking account, 500+ FICO credit score, no active bankruptcies. No collateral required.
No collateral is required. MCA funding for contractors is unsecured — repayment is taken as a daily percentage of deposits (typically 8–15%), not linked to any physical asset. No equipment liens, no property pledges, no personal assets at risk.
Most contractors receive an approval decision within 2–4 hours of submitting 6 consecutive months of bank statements. Funds are deposited within 24–48 hours of contract signing. For urgent material purchases before a job starts, same-day funding is possible for complete applications submitted before noon.
Yes. MCA underwriters evaluate the 3-month average deposit volume, not individual transaction timing. A contractor with 2–3 large project payments per month is well understood in MCA underwriting. What matters is that the average monthly deposit volume is $8,000–$10,000 minimum over the trailing 3 months.
One-page application. 6 consecutive months of bank statements. Decision in 24–72 hours.
500 FICO OK · No collateral · $10K/month average deposits minimum
Or call/text: 330-238-3003
T.A.G. Business Funding
Cover materials and payroll now. Repay from project deposits as they come in.
500 FICO minimum · $4K–$6K+/month in deposits · Bank declines OK
Contractor Funding by State
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