Strengthen Your Operations with Masonry Business Loans
Find Out How Much Cash Your Business Could Receive
Build on Growth Opportunities with an Alternative Lender
Masonry business loans give you a chance to invest in your business with less risk. The right funding program gives you access to the cash needed to advance your operations and keep up with today’s opportunities.
As construction demand grows across the country, the kinds of services offered by a brick and stone masonry business become critical. Masons are often used for such services as:
- Creating facades
- Stone paving for landscapes
- Laying decorative walls
- Existing stone and brick repairs
These kinds of projects create ample opportunity for masons. But not every business can afford to keep up with demand. Whether you need to bring on temp staff, invest in modern field service technology, or purchase new equipment, masonry business loans can help out. If you’re worried that a typical loan won’t work for your business – perhaps you’ve gone down that path before – then alternative lenders may be a good fit for you.
Masonry Business Loans – A Top-Down View
Let’s look at the big picture for a moment. Many small businesses have stopped using banks for loans. There are a bunch of factors at play here. Mergers in the banking sector have led to more giant banks and fewer small, local lenders. As such, the kinds of banks that you may have turned to for masonry business loans aren’t as widely available. At the same time, banks have to be really cautious about risk. Between high operational costs and heavy regulation, they can only afford to give loans to the strongest applicants. Small businesses rarely fall into that category.
Online lenders have emerged to fill the open space in the market. They process loans quickly – often in just a couple of days. They focus on small loans, so they aren’t as regulated. This gives them the freedom to work with those who would typically be considered less than ideal for lending.
The nature of alternative lenders makes them an ideal source for masonry business loans. Whether you have bad credit or simply need cash fast, these lenders can be a fit for you. From masonry repair business financing to working capital to help you deal with a cash flow problem, online lenders can help.
Helpful Ways Masonry Business Loans Can Be Used
Financing Equipment Purchases
Bridging a Financial Gap
Covering the Cost of Raw Materials
Hiring Skilled Labor
Why Choose QuickBridge for Your Masonry Business Loan?
Simple application process
Business loans of up to $500K2
Receive funds within days
No hidden fees
Early payoff discounts3
Flexible loan term options
Working Capital Helps Masons Keep Up With Demand
Working capital funding stands out for masonry business loans because it is so flexible. You can use working capital loans for just about anything. The National Concrete Masonry Association explained that the growing popularity of concrete masonry systems are leading to a boom in the industry. This rising prominence of concrete service businesses, gives masons new opportunities for growth. The working capital obtained through a masonry business loan can help your business keep pace with demand.
You can also use working capital for:
- Projects to implement sustainable materials: The global green buildings market is rising at a compound annual growth rate (CAGR) of 10.26%, Market Research Future found.
- Efforts to keep up with the growing pains of an expanding business: The U.S. masonry industry grew at a CAGR of 4.7% from 2013-2018, according to IBIS World.
- Hiring new staff: IBIS World found there are now more than 209,000 masons working in the U.S. as employment needs rise in the sector.
- Marketing: According to IBIS world, the masonry sector is made up a large number of small businesses, so you’ll need to be ready to compete to stand out in your community.
Working capital can function as an all-purpose option for masonry business loans. The funding option gives you an edge to stand out in the market.
Masonry Business Loans Designed for Your Stone Work Services:
- Operating Expenses
- Raw Materials
- Specialized Equipment
- Seasonal Hiring
- Unexpected Bills
- & Much More ...
At QuickBridge, we blend the personalized service of traditional banks with the flexibility of alternative lending. We can help you find the perfect masonry small business loan for your needs. Contact us today to learn more.