Texas Business Finance Mobilization Funding Program provides short-term capital for the early stages of construction projects. Texas Business Finance Mobilization Funding Program helps hundreds of companies in all aspects of the construction and manufacturing industries across the United States and Puerto Rico.
Our unique contract financing program backs contractors, subcontractors and others who struggle with traditional lending but have a history of solid performance and need additional dollars until they start receiving payment for their work.
What can the dollars be used for:
The Texas Business Finance Mobilization Funding Program can help you and your business to:
What is needed to apply?
How long does the funding process take?
About 5 business days upon receipt of the completed application.
What are the minimum and maximum loan amounts?
$25,000 and up. A standard loan is not more than 20 percent of the total contract value
How long do borrowers have to pay back the loan?
A payment schedule will be established before the loan is issued and is set based on the terms of
the contract. Repayment is typically capped at 150 days and occurs with the first 2-3 pay apps.
What are the basic qualifications for the Texas Business Finance Mobilization Funding loan?
Win More Contracts. Get more Jobs Done