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Construction

Business Loans for the Construction Industry

Fund your construction projects, equipment, and growth with business loans tailored for builders and construction companies across Australia.

Loans from $20K to $2M, over 12 to 60 months, depending on the lender and the security.

Construction business loans at a glance
  • Loan amounts from $20K to $2M
  • Terms from 12 to 60 months
  • Secured and unsecured options, matched to the security you have
  • A licensed broker who compares lenders for the construction industry
  • No obligation to proceed with any offer

Common financing needs: Construction

The things businesses in this sector most often finance:

Heavy machinery and equipment finance
Project-based working capital
Progress payment bridging
Site establishment and setup costs
Subcontractor payment funding
Safety and compliance upgrades

Construction business loan features

Loans from $20,000 to $2,000,000
Project-based lending structures
Progress payment bridging facilities
Equipment and machinery finance bundled
Flexible repayment schedules

How businesses in this sector use finance

Project Cash Flow

Bridge the gap between progress claims and payments. Keep your projects moving without cash flow delays holding you back.

Equipment Access

Finance excavators, cranes, and heavy machinery so you can take on more projects and reduce hire costs over time.

Scale Your Business

Access the working capital you need to bid on larger projects, hire more staff, and grow your construction business.

Industry Expertise

Work with lenders who understand construction timelines, progress payments, and the cyclical nature of the building industry.

Lending challenges for this sector

Lenders that specialise in the sector can work with situations like these, which is where a broker's knowledge of each lender's appetite matters:

Progress payment delays affecting cash flow
Seasonal downturns in construction activity
High upfront costs before revenue is received

How to get a business loan for the construction industry

1

Tell us your needs

Share what the finance is for, how much you need and how long you have been trading.

2

A broker compares lenders

A licensed business finance broker compares lenders on their panel for the construction industry.

3

Compare your options

Review the offers and choose the one that fits.

4

Settlement

The lender settles the loan and releases the funds.

Construction business loan FAQs

What types of business loans are available for construction companies?
Construction companies can access a range of finance options including unsecured business loans, equipment finance, line of credit facilities, invoice finance for progress claims, and project-specific funding. The best option depends on your specific needs and business structure.
Can I get a loan to cover progress payment gaps?
Yes. Progress payment bridging is a common finance solution for builders. These facilities provide working capital while you wait for progress claims to be certified and paid, ensuring your project stays on schedule.
How much can a construction business borrow?
Construction businesses can typically borrow from $20,000 to $2,000,000 or more depending on the business size, trading history, project pipeline, and available security. Larger amounts are available for established businesses with strong track records.
Do I need to provide property as security?
Not always. Unsecured business loans are available up to $150,000 for qualifying construction businesses. For larger amounts, lenders may accept equipment, vehicles, or property as security to offer more competitive rates.
Can new construction businesses get finance?
Yes, though options may be more limited for businesses with less than 2 years trading history. Some lenders specialise in newer construction businesses and will consider your industry experience, qualifications, and project pipeline.
How are construction loan repayments structured?
Repayments can be structured to suit your cash flow. Options include regular monthly repayments, seasonal payment plans aligned with construction cycles, or interest-only periods during project ramp-up phases.

WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are calculated on a secured loan of $150,000 over 25 years for home loans, a loan of $30,000 over 5 years for car and personal loans, and $50,000 over 5 years for equipment finance, unless the lender states another basis.

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