Industry
Construction Business Loans
We want to help your construction company with SBA loans
Home » Industries »
See If You Pre-Qualify for an SBA Construction Business Loan in 3 Minutes
Get the capital you need to fund your business
Fill in your info:
Top 5 SBA franchise loan lender*
+$600 million franchise loans funded
+$2 billion in SBA loans since 2020
+2,000 SBA loans funded since 2020
Cash flow woes: The reality of running a construction company
Running a construction company is tough, and the financial hurdles often feel endless. Rising material costs, expected to increase by as much as 6% in 2024, make budgeting a challenge. Lumber, steel, and concrete prices rise year after year, and bidding competitively while managing these fluctuations can feel like walking a tightrope. Add the difficulty of maintaining a reliable workforce, with rising wages and labor shortages, and it becomes even harder to stay on track.
Then, there’s the constant need to maintain or replace equipment, stay compliant with evolving regulations, and meet deadlines that never seem to give you enough time to breathe. Expanding your business? That takes even more capital for equipment, vehicles, and larger projects.
Construction companies face unique cash flow challenges. Some months, money flows in smoothly; other months, delayed client payments cause bills to pile up. With all these pressures, many construction companies struggle to grow—some are barely staying afloat. So how can your business secure the capital it needs to thrive?
Construction is growing, and flexible financing can keep your company moving
While the challenges are significant, so are the opportunities. The construction industry is advancing, with increasing demand for sustainable building, new technologies, and large-scale projects on the rise. But to take advantage of these opportunities, you need the right financing—and that’s where First Bank of the Lake comes in.
At First Bank of the Lake, we understand the unique financial needs of construction companies. With our expertise in SBA 7a and 504 loans, we’ve helped many businesses like yours navigate complex funding challenges. Whether you need capital to purchase new equipment or vehicles, or you’re looking to expand into larger projects or acquire new property, we can guide you through the process. We offer affordable terms and longer repayment periods to help keep your cash flow stable.
With over $1.1 billion in SBA loans provided, First Bank of the Lake has the experience to support your company’s growth. Let us help you secure the financing you need—because we know you’ve already got plenty to manage.
Real business owners. Real results.
Woof Gang Bakery SBA Loan Case Study
After years in HR, Kasia followed her passion for animals and, with a $345K SBA loan from First Bank of the Lake, quickly launched her Woof Gang Bakery & Grooming franchise — already nearing breakeven just months in.
Tint World SBA Loan Case Study
After losing his wife, a friend, and his life savings, Dan Billings reinvented his life with a Tint World franchise — and with guidance and an SBA loan from First Bank of the Lake, his business is thriving and he’s already eyeing a second location.
Lifetime Green Coatings SBA Loan Case Study
Father and son duo Barry and Parker Norfleet launched six Lifetime Green Coatings franchises with a $400K SBA loan from First Bank of the Lake — quickly setting up operations and nearly breaking even within just three months.
What Our Customers Say
Gave Me the Confidence I Needed
Huge thanks to Tammy and Brandi. Tammy was my first point of contact and gave me the confidence I needed since there isn't a local branch near where I live. Brandi has been answering ALL my questions since and has excellent follow up and has taken great care of me.
— Michele Houston
Genuinely Interested in Helping My Business Succeed
First Bank of the Lake was a tremendous help in securing a 504 small business loan for my company. Every staff member I interacted with was professional, friendly, and genuinely interested in helping my business succeed.
— Don Kamb
Exceptional Service
I cannot say enough positive things about my experience working with Eric as my SBA loan officer. From start to finish, he provided exceptional service and went above and beyond to ensure that every issue we encountered was resolved quickly and efficiently.
— Bryan Crowe