Industry lending
Financing built for construction and contractors.
GCs, remodelers, and trades who need capital to keep crews moving and bids winning. Averlend funds this industry with equipment loans and collateralized working capital, underwritten on assets instead of paperwork.
Why it works
Capital that matches how you operate.
- Equipment as collateral. Borrow against the iron you own to bridge payroll, mobilize a job, or buy the next machine.
- Project capital. Win the contract first, fund the mobilization with asset-based money, and let the draw schedule pay it down.
- No bank theater. Your backhoe does not care about your debt-to-income ratio. Neither do we.
The structure
- Products
- Equipment loans and collateralized working capital
- Max loan-to-value
- 90%
- Standard term
- 12mo
- Markets
- South Texas
San Antonio and Corpus Christi are home base. We fund collateral-backed deals across South Texas.
Questions
Construction and Contractors lending, answered.
The collateral, the amount, and the plan to repay inside 12 months. Tax returns and credit history are minor factors, the assets do the qualifying.
Days on a clean file. We control our own capital, so nothing waits on a committee.
Send it anyway. Banks underwrite paperwork. We underwrite assets, and most of our borrowers were declined somewhere first.
The Averlend Promise
Put your assets to work this week.
Tell us the collateral and the number. An Averlend rep will reach out ASAP, same business day.