Banking businesses are often considered “low risk” thanks to higher-than-average income, strong cash flow and profitability, and lower margins and overhead costs. You may be able to get the funding you need through a traditional lender like a bank, but the application process can take months, and approval is never guaranteed. While you wait, opportunities to expand and grow can easily slip away.
Funding Solutions for Banking Companies
Banking companies employ over 10.7 million people in the United States, with new construction expected to reach a value of $1.5 trillion by 2023. Keep up with demand and build your construction business with up to $500,000 in funding in just 24 hours.
How Banking Funding Works
SUBMIT YOUR APPLICATION
After you submit your application, a Funding Specialist will reach out to you within 1 hour (during regular business hours) to discuss your options
CHOOSE YOUR FUNDING
A Funding Specialist will reach out to you within 1 hour (during regular business hours) to complete your application and discuss your business funding options.
Once you and your Funding Specialist determine what funding option works for your business, your funds can be approved and deposited within 24 hours.
REPAY YOUR LOANS
You’ll need three months of business bank statements and other financial records. For faster approval, grant us secure access to your bank account’s transactional data.
How To Use Banking Funding:
Approval for bank funding from Thor Capital Group isn’t based on your credit score alone. Instead, we focus on the overall health of your business. Here are some factors we consider:
- Business revenue
- Cash flow
- Vendor payment history
Why Get Funded by Thor Capital Group?
Opportunities to expand or take on new projects come and go quickly, but applying for funding from a traditional lender can take months with no guarantee of approval. With Thor Capital Group faster, streamlined application process, we can approve your construction company loan in as little as 24 hours.
Our application requirements are lower than traditional lenders, but we always have your best interest at heart. We are proud to provide responsible construction company funding—we’ll never over-leverage your business by giving you more capital than you can manage, and our Funding Advisors will be beside you every step of the way.
Bank Funding Q&A
My company wants to support rebuilding our local community after some recent destructive weather. What's the best way to secure funding to get the additional supplies I need?
A: We offer a quick, stress-free application process, with same day funding available for most applicants. Speak with one of our friendly Funding Advisors to identify the right solution for you.
Why should I consider an alternative lender for my business?
A: Most traditional banks consider construction companies high-risk and will not fund them. As an alternative lender, we have different approval requirements, and can approve funding for “high risk” industries. We can provide you with the funds you need to cover project expenses, labor, materials and more, often in less than 24 hours.