Funding for Flooring & Remodeling
Remodeling cash flow runs project by project — deposits in, materials and labor out, balance on completion. A line of credit or advance smooths the middle so one big material order does not stall three other jobs.
Every remodel starts with you writing checks. The flooring distributor wants the order paid before it ships, the installers want their draw, the cabinet lead time means money sits in transit for weeks — and the customer's final payment waits until the last transition strip is down and the punch list is signed. Stack three projects at once and the math gets tight even when every job is profitable. Banks want collateral; your capital is currently nailed to someone's subfloor. Broadway underwrites off three months of bank statements, one short form, and a soft credit pull, with a same-day decision and funding in as little as 24 hours. Take the bigger project — and the next one — without choking on the material orders.
The challenge
The customer's deposit never quite covers the material order, the distributor wants payment before the truck ships, and the final draw waits on a punch list. Every job is a small loan you make to your own client.
How Broadway Advance helps
Remodeling cash flow runs project by project — deposits in, materials and labor out, balance on completion. A line of credit or advance smooths the middle so one big material order does not stall three other jobs.
What owners use it for
- Pay distributor invoices for flooring, tile, and cabinetry before the truck ships
- Cover installer draws and payroll across overlapping projects
- Bridge the gap between substantial completion and the final customer payment
- Buy material in volume when a supplier runs a real discount
- Add a van, tools, and equipment for a second crew
- Carry showroom rent and overhead through the slow season
See your real number in about five minutes.
Apply nowFunding options that fit flooring & remodeling
Merchant Cash Advance
Immediate cash today in exchange for a small slice of future sales.
Up to $2,000,000 →Business Line of Credit
A revolving cash reserve you only pay for when you draw on it.
Flexible limits →Term Loan
The lowest rates and longest terms, with predictable monthly payments.
Up to $5,000,000 →Flooring & Remodeling funding questions
We collect customer deposits. Why would we need outside capital?
Because the deposit rarely covers the whole spend, and the timing never lines up. A deposit that covers materials still leaves labor, and a deposit sized for one job does not fund the three you are running at once. Outside capital is what lets you say yes to the next project before the current one pays out its final draw. The cost of an advance is real — higher than bank money — so use it for growth that out-earns it, not for plugging a pricing problem.
What fits better for a remodeler — an advance or a line of credit?
If your need is one lump — a big material order, a new crew's equipment — an advance or term loan fits. If your need repeats every project cycle, a line of credit usually serves you better: draw when the distributor invoice lands, pay it down when the customer's balance clears, draw again on the next job. We broker both across 50+ programs, so the honest answer comes from your statements, not from a sales pitch. Send three months and we will tell you which one we would pick.
A customer is slow-paying the final balance. Can funding cover that gap?
Yes — that gap is one of the most common reasons remodelers call us. Funding against your overall deposits keeps payroll and the next project moving while you chase the balance. Two honest caveats: first, an advance costs more than bank money, so weigh it against just waiting if nothing else is stalled. Second, if slow finals are a pattern, fix the contract terms too — financing a collections problem gets expensive fast.