Fix and Flip Loan for Construction and Contractors: A Practical Guide

The Problem

Construction and Contractors face a specific cash flow challenge. Payroll between projects, material costs, draw delays. When the bank says no or the timeline is too slow, the opportunity passes. Most construction and contractors we work with have a real revenue base but their financials do not fit a traditional bank’s pre-set profile.

How Fix and Flip Loan Solves It

Fix and Flip Loan from Slate Financial is built for businesses that need rehab deal capital fast. Acquisition plus rehab capital, funded in days, not months. You get $100K to $3M in capital, funded in 7 to 14 days, with paperwork that respects your time. We work with many credit profiles and most industry types, including construction and contractors.

Who Qualifies

This product is a fit if your business has been operating for at least six months and you can show recent revenue through your business bank account. We do not require perfect credit. We do not require collateral on a primary residence. The qualifier is whether the underlying business is generating revenue today, not whether it looked good three years ago.

Documents You Will Need

• Property address and purchase contract
• Rehab scope-of-work with budget
• Driver’s license
• Proof of liquidity (recent bank statement)

That is the entire package for a $100K to $3M fix and flip loan request. We do not ask for letters of recommendation, business plans, or projections. The bank statements tell the real story.

How Long It Takes

From the moment we have a complete file, expect a decision within 7 to 14 days. Construction and Contractors owners often start the application on a phone in the parking lot and have a soft approval before they get home. Funding follows shortly after the fee agreement is signed and any final documents are received.

Real Example

A construction and contractors owner in their fourth year of operations came to us last quarter. They had a clear opportunity in front of them but their bank had quoted six weeks for a decision. We reviewed their last six months of business bank statements and structured a Fix and Flip Loan that closed within the timeline. No personal real estate as collateral, no week-long underwriting questionnaire.

Next Step

If a fix and flip loan would change what you can do in your business this quarter, the next step is the application. It takes about two minutes to fill out and there is no obligation. Visit slatefinancial.io/apply to start. A funding specialist will review the file the same day in most cases.

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