Spark the growth of your contracting business with funding from Bambu Finance.
Bambu offers special business financing for contractors that allows you to receive up to $250,000 in working capital with funding in as little as 24 hours. With our funding program, we purchase a small percentage of your future sales until the payback is completed, giving you the cash infusion your business needs right now.
Our requirements are simple. To be eligible for financing, your business must:
- Be in operation for six months or more.
- Be located in the United States.
- Have deposited gross sales of $15,000 per month.
- Be current with your lease/mortgage.
What we offer:
- Up to $250,000 per business location. (The amount can be up to 1.5 times your total monthly sales volume.)
- An approval rate of more than 80% on all applications with many same-day approvals.
- Funding in as little as 24 hours (one business day).
- The ability to use your funds however you choose.
Get the working capital you need to grow your contracting business.
Depending on what trade you’re in, your business could be cyclical which may impact your ability to access working capital. If that happens, it could affect your ability to purchase the equipment you need to get a job done or buy supplies when the next service call comes in.
While many creditors won't extend you a line of credit for equipment because of a number of factors including you not being in business long enough, Bambu Finance understands every business is different and should be treated that way. Bank loans can be challenging to obtain as financial institutions typically have strict requirements in regards to collateral and credit scores. The good news is we can approve you for up to $250,000 in working capital against your future sales, without subjecting you to the stringent process of trying to apply for a bank loan.
How we differ:
Bambu’s business financing is:
- Unsecured and doesn’t require any collateral, or personal guarantee.
- A great option for business owners with credit issues who have trouble qualifying for traditional loans.
- Provided in exchange for a share of your business' future sales.
- Repaid via a daily draw of your overall credit card sales.
- A quick and hassle-free alternative to traditional lending with applications in just minutes, plus, a lightning-fast approval process (oftentimes that same day).
There are no restrictions placed on how you can use your working capital and we do not require any business plan to complete the funding process. It is completely up to you how you utilize the money you receive. Having said that, the most common uses include:
- Equipment purchases.