The Better Way to Fund Growth
Contractors: Don't Grab the Wrong Loan
Hey Contractor Nation, 👷♂️
If you’re growing your construction trade business, chances are you’ve asked yourself:
“Should I get a business loan?”
It’s a fair question—and one I get all the time. Whether you're hiring more crew, upgrading equipment, or taking on bigger jobs, the right loan can be a game-changer. But only if it fits your business model and growth plan.
⚙️ Loans as a Tool (Not a Crutch)
Let’s say jobs are steady, clients are happy, and you’ve got a solid reputation. Now you want to scale. A loan could help you:
Cover up-front costs (materials, permits, labor)
Hire subcontractors for larger contracts
Upgrade tools, tech, or vehicles
Smooth out cash flow while waiting on payments
But here’s the key doesn’t just grab the first loan you see. The fine print matters.
🔍 Match the Loan to Your Operation
Not all loans are built for the trades. You need capital that moves with your job cycles. Here’s a quick breakdown:
Term loans = best for big purchases like equipment
Lines of credit = great for delayed payments & seasonal swings
SBA loans = slower process but better rates and terms
Skip the high-interest lenders or anything that locks up too much collateral. You run a lean business. Keep it nimble.
🎯 Control + Leverage = Smart Growth
Taking on debt doesn’t mean you’re in trouble. It means you’re ready to level up with structure.
A loan forces discipline: repayment schedules, interest tracking, forecasting. But it also gives you leverage to win higher-tier jobs and fund growth without draining your reserves.
So, the question isn’t “Should I get a loan?”
It’s “Am I ready to manage growth with intention?”
✅ How to Decide with Confidence
Start here:
What’s the purpose of the loan?
Will it increase revenue or long-term value?
Are your systems built to scale?
Run your best- and worst-case revenue scenarios. Then talk to someone who knows construction trades and can help you make sense of the options.
👷 Ready to Scale Smarter?
If you’re serious about growth, don’t guess. Don’t grab the first loan offer that hits your inbox.
At 3P Consulting, we help contractors like you build the financial strategy behind the loan. It’s called the Profit Blueprint, and it’s designed to improve margins, increase revenue, and get you lender-ready with confidence.
Let’s talk about your next strategic move.
📞 [Book a Call] or reply to this email.
Keep building,
Patrick Shurney, MBA
Founder, 3P Consulting
📞 443.539.6276
Helping Contractors Get Their Finances Sorted
P.S. Not sure if you’re ready for a loan yet?
Take my free Contractor’s Financial Blueprint Assessment—it’ll show you where your business is strong and where it might be leaking cash.
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About Me:
As a veteran in financial coaching with over 30 years of corporate banking experience, my mission is to empower trade contractors like you to become numbers confident, optimize cash flow, leverage debt, and pay yourself competitively.
Ready for More?
Here’s how I can help you:
1. Profit Blueprint Program: Get your finances sorted and build out a 3 year financial roadmap in the next 30 days.
2. Loan Consulting: Get Bank Ready. With 30+ years of banking experience, I’ll make sure you're ready to approach lenders with a winning loan package.
Ready to take your financial strategy to the next level? Let’s connect and make sure you’re running a thriving business while paying yourself what you’re worth.
