Will an advance affect my relationship with subs?

Paying subs on time usually helps relationships. That is a main reason GCs seek bridging funds.

How does repayment work?

It depends on the offer. Read the paperwork and ask questions before accepting.

Can I apply as a sole proprietor GC?

Yes, sole proprietors can apply.

Merchant Cash Advance for General Contractors in New York

A question before the answer

Is the gap you face a delay or a deficit? A delay is money you are owed that has not arrived yet. A deficit is money you have not earned. Funding can sensibly bridge a delay. It cannot fix a deficit.

How an advance works in general

A merchant cash advance is funding advanced against your business's future sales rather than a conventional term loan. The specific structure depends on the offer. For a GC with irregular deposits, that structure deserves special attention, so read the paperwork closely and ask about how it interacts with large, infrequent payments.

Delay or deficit: a short guide

Symptom	Likely a delay	Likely a deficit
Owner has approved the invoice but not yet paid	Yes	No
Job costs ran well over the bid	No	Yes
A sub is waiting on money you will receive next month	Yes	No
You keep taking jobs that barely cover costs	No	Yes

Scope reminder

We are talking about commercial and trade work. Residential remodeling is a restricted category with at least one funder, and we do not promise funding for it.

What we review

New York Biz Funding works with businesses that need between $25,000 and $5,000,000. Applicants with a FICO of 500 or higher are considered. Bank statements covering about three months stand in for tax returns, which we do not require. Funding can happen in as little as 24 hours, and the application is a 5-minute soft pull. Sole proprietors can apply.

A worked example, for illustration only

A GC finishes a commercial buildout and invoices $150,000. The owner's accounts payable department takes weeks. Meanwhile the next job needs $45,000 of materials up front. An advance sized to that bridge, repaid as the first invoice lands, is the use case. The numbers are illustrative only, not a quote or a typical result.

What to check in the offer

How repayment is structured and how it interacts with a few large payments a month rather than steady daily receipts.
The total amount you will repay compared with the amount you receive.
What happens if a major payment is delayed.
Whether the amount actually matches the gap you need to bridge.

Take your time with these points. A quick funding timeline does not mean you should skip the reading.

Why speed matters in this trade

Subs and suppliers do not wait politely. A crew that is not paid can move to another GC's site, and a supplier that is not paid can put your account on hold. Funding can arrive in as little as 24 hours, which helps when the problem is a specific payment due this week. Speed is useful, but it works best alongside a clear view of how you will repay.