Business loans for piling and foundation contractors

Ardent Capital Group brings the same method to every client: execution and strategy, clear advice for smart lending, and long-term growth. That means the right lender, structure and timing, straight advice so you borrow with confidence, and today's deal built toward where you want to be tomorrow. We are specialists in helping business owners secure finance to purchase their own property, and we understand the complex structures that often sit around it, including multiple trusts, holding companies and self-managed super funds. Through that work we also understand what the business needs from its cash flow, and where an overdraft or line of credit fits for working capital. A piling firm's value sits in work certified but not yet paid, retentions held long after the rig leaves site, and plant on the balance sheet, which a generalist credit team often reads as lumpy income rather than a contract book. Our role is to know the bank and non-bank lenders among the sixty plus on our panel that lend against certified claims and heavy plant, so you are not making the case to each one yourself. As your contracts grow from residential footings to major civil and commercial work, the facility grows with you. Every figure is subject to serviceability, lender appetite and approval.

It depends on how quickly you need it and what you are willing to offer as security. Unsecured facilities are assessed mainly on trading strength and can be arranged in days, which suits a limit of $100K to $500K for mobilisation or a claim-cycle gap. Secured facilities, backed by property or plant, support larger amounts and price better, and make sense once you are funding a rig purchase or an acquisition. Most established contractors end up with a mix, and we shape which sits where.

It depends on your trading, your structure and the purpose, but lending here commonly runs from $100K to well into seven figures, and our range extends to $100M for larger firms. Lenders look at your contract book, your certified claims and your plant rather than a single month of receipts. The binding constraint is usually serviceability rather than security, and we shape the funding early so you know your number before you commit.

Yes, and the plant is normally the security rather than your property. Piling rigs, cranes and heavy plant can be funded new or used, and terms are typically matched to the working life of the machine. Established contractors can often be assessed on bank statements and BAS rather than full financials. Dealer and manufacturer programs are available too, which we compare against a bank facility so a large purchase need not tie up your working capital line.

By funding the work in progress and the mobilisation the claim has not yet paid for. Crews, casing, plant hire and spoil removal run every week while certification lags behind, so the facility needs to carry the site until the claim is paid. We size it to the peak of that gap and set repayments to land as claims are certified. Bring us the contract and the claim schedule early, subject to serviceability and lender approval.

No. Plenty of contractors fund growth without touching the family home, either through unsecured facilities assessed on trading, or by securing against the plant being purchased. Property security does support a larger limit and a better rate, so it is worth considering once you are borrowing well into seven figures or buying a yard. The choice is yours, and we will show you what each option costs before you commit.

An unsecured facility can often be approved within 48 hours and funded inside a week where the business is established and the BAS and bank statements are current. Secured facilities take longer, typically two to four weeks, because a valuation is involved. The practical advice is to open the limit before you mobilise, ideally when you are pricing the tender rather than when the first invoice is already due. Timeframes are indicative and subject to lender appetite and approval.

Yes. Many lenders assess established businesses on 6 to 12 months of bank statements and recent BAS rather than full year-end financials, which suits contractors whose accounts lag the current run rate. It works best where the trading account shows regular certified claims and the ATO position is current. If you have a payment plan in place, say so early, because several lenders will still proceed when it is disclosed and being met.

Yes, and it is a commercial property deal rather than a working capital one. A piling contractor needs a yard to park rigs, store casing and service plant, and owning it takes a rising rent out of your cost base while building an asset alongside the business. Owner-occupiers can generally borrow a higher proportion than a passive investor would. Our commercial property team handles these end to end through our industrial workshop commercial mortgage service.

Most of the time, no. We are paid a commission by the lender once your facility settles. Where a deal requires significant preparation or involves unusual complexity, a small mandate fee may apply. We will always be upfront about this before any work begins.

Although we are based in Sydney, we service clients across all major Australian cities, including Melbourne, Perth, Brisbane, the Gold Coast, Adelaide, Canberra and Hobart, along with their surrounding regional areas. Wherever your business is located, we can arrange your finance.

Although our main speciality is property loans for business owners, such as a property loan for your yard, we also assist with piling rig and plant finance and working capital. On asset finance, that covers cranes, piling rigs and heavy plant. On working capital, we arrange business overdrafts, lines of credit and progress claim funding. We also arrange commercial mortgages if you are buying or refinancing a yard or workshop.