Plumbing Contractor Loans

One of the essential parts of every construction job is the plumbing. Plumbing companies are part of a construction project from design all the way through completion. Even though this is the case plumbing contractors are most often hired by general contractors. The general contractor on the project is responsible for paying plumbers. Plumbing companies will bear the burden when there is a delay in payment to the general contractor. While some companies have enough operating cash flow to support this, most turn to plumbing contractor loans.

There are many loan programs available to plumbing companies. Plumbing contractors have upfront and ongoing expenses that can be financed using plumbing contractor loans. Loans for plumbing companies can support expenses for starting a project, bidding on new projects, or for day-to-day expenses. Below are some of the ways a plumbing contractor loan can help your business.

• Advertising and marketing
• Refinancing debt
• Purchasing new tools
• Purchasing new equipment
• General working capital
• New project bids
• Material expenses
• Payroll
• Hiring new employees
• Mobilization funding