How much business funding can I get?

88NewWin Group helps businesses access funding from $10,000 to $75,000,000. The amount depends on your revenue, time in business, and funding type needed.

What types of businesses qualify for funding?

Most US and Canadian businesses qualify including startups under 2 years old, businesses with bad credit, cannabis businesses, real estate investors, logistics companies, manufacturers, and contractors.

How fast can I get approved for a business loan?

Many of our funding programs offer same-day or next-day approvals. Some programs fund within 24-48 hours of approval.

What is an R&D tax credit?

R&D tax credits are government incentives that reward businesses for innovation and research activities. 88NewWin Group identifies qualifying activities and helps you claim credits to put cash back in your business.

What does M&A advisory mean?

M&A advisory helps business owners sell their business, acquire another company, or consolidate operations to maximize value. 88NewWin Group guides you through the entire process.

Do you help Canadian businesses?

Yes. 88NewWin Group offers business financing solutions for both US and Canadian businesses.

How do I qualify for R&D tax credits as a small business owner?

To qualify for R&D tax credits under IRC Section 41, your business must engage in activities that involve developing new or improved products, processes, or techniques. The IRS four-part test requires a permitted purpose, technological uncertainty, a process of experimentation, and reliance on engineering or science principles. Construction, roofing, manufacturing, and technology companies frequently qualify. The credit is worth 7-10% of qualifying research expenses annually. Contact 88 NewWin Group at (714) 468-5431 for a free assessment.

What are the eligibility requirements for obtaining an SBA 7(a) loan?

SBA 7(a) loan eligibility requires your business to operate for profit in the US, demonstrate ability to repay, and meet SBA size standards. Most lenders require a personal credit score of 680+, at least 2 years in business, and a debt service coverage ratio of 1.25x or higher. Maximum loan amount is $5 million with terms up to 10 years for working capital and equipment, or 25 years for real estate. Interest rates are tied to the prime rate with maximum spreads of prime plus 3% for loans over $350,000. 88 NewWin Group specializes in SBA lending — call (714) 468-5431.

Where can I find advisors to help maximize the value of my business before selling?

Look for M&A advisors who specialize in your industry, not general business brokers. For roofing companies, the Sun Belt market is especially active with EBITDA multiples of 3x to 8x depending on recurring revenue, management independence, and customer diversification. Start preparing 2-3 years before your target exit date by cleaning up financials, documenting processes, and building a management layer. 88 NewWin Group provides M&A advisory for roofing and construction companies — call (714) 468-5431 or email advisors@88newwin.com.

What are the best options for refinancing existing business loans to lower interest rates?

SBA 7(a) loans offer some of the lowest rates for business refinancing, with maximum spreads of prime plus 3% for loans over $350,000. If you currently have high-interest alternative lender debt or merchant cash advances, refinancing into an SBA loan can significantly reduce your payment. Requirements include 680+ credit score, 2+ years in business, and the ability to show the business can service the new debt. SBA 504 loans offer fixed-rate options for real estate refinancing with just 10% down. Contact 88 NewWin Group at (714) 468-5431 to evaluate your refinancing options.

How can I secure funding to purchase equipment for my small business?

Equipment financing options include SBA 7(a) loans (up to $5M, 10-15 year terms, rates from prime plus 3%), conventional equipment loans (equipment as collateral, faster approval, 3-7 year terms), and equipment leasing (preserves cash, allows upgrades). For 2026, the Section 179 deduction allows you to deduct up to $2,560,000 in equipment costs in the year of purchase. The best choice depends on how long you will use the equipment, your cash position, and your tax situation. 88 NewWin Group helps businesses find the right equipment financing — call (714) 468-5431.

Can I get an SBA loan after a bank denial?

Yes. SBA 7(a) loans are specifically designed for businesses that do not meet conventional bank requirements. The SBA guarantees a portion of the loan, reducing lender risk and making approval more likely. SBA lenders evaluate business cash flow rather than just personal credit, and consider the overall deal structure including seller financing and equity injection. Most SBA lenders require a 680+ credit score but are more flexible on collateral and business history than conventional banks.

How much is my roofing company worth?

Most Florida roofing companies sell for 3x to 6x adjusted EBITDA. Well-run operations with recurring maintenance revenue, strong management teams, and diversified customer bases command 6x to 8x or higher. Storm-dependent companies with concentrated revenue typically fall in the 2.5x to 3.5x range. Key factors include customer concentration, documented processes, license transferability, and owner dependency. Start preparing at least 2-3 years before your target exit.

What is the R&D tax credit worth for roofing contractors?

The R&D tax credit is typically worth 7 to 10 percent of qualifying research expenses for roofing contractors. For a roofing company with $2 million in annual revenue and $300,000 in qualifying expenses, that translates to $21,000 to $30,000 per year. Qualifying activities include designing custom flashing systems, developing installation methods for new materials, engineering solutions for complex roof geometries, and performing dew point analysis. The credit can be claimed every year and applied retroactively for up to three open tax years.

SBA Loans for Construction Companies: The Complete 2026 Guide

May 28

Written By Dat Nguyen

Construction companies need capital differently than most businesses. You buy equipment that costs six figures, carry payroll between project payments, bond large jobs, and sometimes need to finance land or a yard before the first invoice goes out.

Traditional banks understand construction, but their underwriting is slow and their requirements are rigid. SBA loans fill the gap with longer terms, lower down payments, and more flexible qualification standards than conventional financing.

This guide covers every SBA loan program available to construction companies in 2026, what lenders look for, and how to position your company for approval.

SBA 7(a) Loans for Construction Companies

The SBA 7(a) program is the most versatile financing tool for construction businesses. It covers equipment purchases, working capital, business acquisitions, debt refinancing, and commercial real estate, all under one program with a maximum loan amount of $5 million.

For construction companies, the most common uses are purchasing heavy equipment like excavators, cranes, and trucks. Working capital to cover payroll and materials between project payments is another major use. Acquiring another construction company or buying out a partner qualifies. And purchasing or constructing a shop, office, or equipment yard with terms up to 25 years for real estate is available.

Interest rates are variable, tied to the prime rate, with maximum spreads ranging from prime plus 3 percent for loans over $350,000 to prime plus 6.5 percent for smaller loans. Equipment loans typically run 10 years, or up to 15 years if the equipment’s useful life supports it.

The Working Capital Pilot Program for Builders

In March 2026, the SBA announced the availability of the 7(a) Working Capital Pilot Program for homebuilders and construction companies. This is a project-based line of credit that offers up to $5 million per project and up to 100 percent financing of direct project costs including labor, materials, and subcontractor payments.

This program solves the biggest cash flow challenge in construction: you spend money on labor and materials months before the client pays. The WCP gives you a revolving line tied to specific projects, so you draw funds as costs hit and repay as invoices are collected.

To learn more or connect with a WCP lender, contact the SBA directly at 7aWCP@sba.gov.

Builders CAPLine

The Builders CAPLine is an older SBA program designed for small general contractors who construct or rehabilitate residential or commercial property for resale. It provides short-term financing for direct costs of construction including labor, materials, and subcontractors.

Unlike the new Working Capital Pilot, the Builders CAPLine is specifically for contractors who build and sell properties, not for contract work on someone else’s project. If you are a spec builder or developer, this is your program.

SBA 504 Loans for Real Estate and Major Equipment

If your construction company needs to buy land, build a shop or office, or purchase a major piece of equipment with a long useful life, the SBA 504 program offers fixed-rate, long-term financing with just 10 percent down.

The 504 loan is structured as a partnership between a conventional lender covering 50 percent, a Certified Development Company covering 40 percent at a fixed rate, and the borrower contributing 10 percent. Terms run up to 25 years for real estate and 10 years for equipment.

One important caveat: do not include short-lived equipment like computers, office furniture, or tools with less than a 10-year useful life in a 504 project. The CDC will flag these items and delay your closing.

What SBA Lenders Want From Construction Companies

Construction is considered a higher-risk industry by most lenders, so you need to come prepared. Lenders evaluate four main areas.

The first is financial history. At least two years of tax returns showing profitable operations. Lenders want to see that your company can handle debt service on top of existing obligations. A debt service coverage ratio of at least 1.25x is standard.

The second is bonding capacity. If your company does bonded work, lenders view your bonding capacity as a proxy for financial health. Strong bonding relationships signal that a surety company has already underwritten your business.

The third is backlog and pipeline. Lenders want to see a healthy backlog of signed contracts or a consistent project pipeline. A company with $3 million in signed backlog is a much better loan candidate than one with no work on the books.

The fourth is management experience. Construction companies live and die by their leadership. Lenders want to see that the owners and key employees have deep industry experience, relevant licenses, and a track record of completing projects profitably.

Common Loan Uses by Construction Company Type

General contractors typically use SBA loans for working capital lines, equipment packages, and acquisitions. Specialty trade contractors in electrical, plumbing, HVAC, and roofing use them for trucks, equipment, and shop space. Heavy civil contractors use them for large equipment purchases and yard space. And homebuilders use the Builders CAPLine or Working Capital Pilot for project-level financing.

The key is matching the right SBA program to your specific need. A 7(a) loan for a $200,000 excavator purchase is straightforward. A 504 loan for a $1.5 million equipment yard makes more sense for long-term real estate. And the Working Capital Pilot is purpose-built for project cash flow.

The New $10 Million Cumulative Limit

Starting July 4, 2026, the SBA is doubling its cumulative borrowing limit to $10 million. Construction companies can now combine a 7(a) loan of up to $5 million with a 504 loan of up to $5 million. This is the highest financing ceiling in SBA history and opens the door for larger equipment packages, real estate purchases, and acquisitions that were previously out of reach for SBA borrowers.

The Bottom Line

SBA loans are built for construction companies. The programs cover every major capital need from equipment and working capital to real estate and acquisitions. The new Working Capital Pilot Program and the increased $10 million cumulative limit make 2026 the best year in SBA history for construction financing.

If you are a contractor, builder, or construction company owner looking for financing, talk to a lender who understands construction. Call us at (714) 468-5431 or email advisors@88newwin.com.

Dat Nguyen