What construction working capital loan options are available to contractors in Fort Lauderdale, FL in 2026?

Yes — Fort Lauderdale contractors can obtain working‑capital or bridge loans with APRs of 8‑15 %, approved in 30‑45 days. Check rates you qualify for now.

The specifics

Construction bridge loans are the most common way to fill a 5‑9 month payment gap. According to Cascara Capital, they close in 15‑30 days and carry APRs that average 8‑12 %. An SBA‑style working‑capital loan can offer a slightly wider range of 8‑15 % APR, and the same SBA guidance sets a 30‑45 day processing window. Good credit (740 + FICO) typically gives 8‑10 % APR, while fair credit (620‑679 FICO) pushes rates to 12‑15 % with a 3‑5 percentage‑point premium. To qualify, most lenders require a 24‑month business history, a 1.25× debt‑service‑coverage ratio, no more than 40 % of gross monthly revenue in debt service, 3‑6 months of cash reserves, and a backlog with a 30‑day collection cycle. You can enter a quick snapshot into our affordability‑calculator and see your potential rate in seconds.

Qualification & edge cases

If your FICO is 620‑679, you can still secure a bridge loan but expect the APR to be 3‑5 points higher. Lenders may ask for a larger down‑payment or additional collateral, such as a government contract or real estate. For contractors who began fewer than 24 months ago, a bridge loan is often the only option, and many lenders will close in as little as 15 days if you can show documented receivables and a stable backlog. If gross revenue is very high and the debt‑to‑income ratio climbs above 40 %, some lenders will recommend a line of credit or debt‑consolidation vehicle instead. Those rates range from 9‑13 % APR, but they require a higher minimum DSCR and typically 48‑84 month terms.

Background & how it works

Bridge loans give cash on a hard‑asset basis—equipment, real estate, or a signed federal contract—so payment is secured by tangible collateral. Lenders analyze your cash‑flow statement, payroll records, and projection for the upcoming job. Once the loan is approved, funds are disbursed in 30‑45 days, giving you the runway to pay workers, buy materials, and keep the project on schedule. Working‑capital lines of credit can offer flexibility for seasons when multiple jobs overlap, and they typically carry 10‑16 % APR. For equipment financing, see the specialized guide at Construction Equipment Financing. For regional comparison, read about lenders in Aurora, IL.

Bottom line

Fort Lauderdale contractors can secure working‑capital or bridge loans with APRs of 8‑15 % in 30‑45 days. These fast‑turn options keep payroll and materials moving. Check rates you can qualify now.

Disclosures

This content is for educational purposes only and is not financial advice. constructionworkingcapital.com may receive compensation from partner lenders, which may influence which products are featured. Rates, terms, and availability vary by lender and applicant qualifications.

Sources

• Cascara Capital
• PERE Credit
• American Association of Private Lenders
• affordability‑calculator
• Construction Equipment Financing Fort Lauderdale