Masonry Contractors
238140
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SBA Loans for Masonry Contractors: Financing Growth in Brick, Stone, and Concrete Construction
Introduction
Masonry contractors specialize in building with brick, stone, concrete, and block, providing critical services for residential, commercial, and industrial projects. Classified under NAICS 238140 – Masonry Contractors, this sector covers structural masonry, decorative stonework, retaining walls, and restoration services. While demand is steady due to construction and infrastructure growth, masonry businesses face financial challenges such as equipment costs, labor shortages, project-based payments, and rising material prices.
This is where SBA Loans for Masonry Contractors can make a significant impact. Backed by the U.S. Small Business Administration, SBA loans provide longer repayment terms, lower down payments, and government-backed guarantees. These loans help contractors purchase equipment, manage payroll, expand services, and stabilize cash flow while competing in the construction industry.
In this article, we’ll explore NAICS 238140, the financial hurdles masonry contractors face, how SBA loans provide solutions, and answers to frequently asked questions from construction business owners.
Industry Overview: NAICS 238140
Masonry Contractors (NAICS 238140) include businesses that provide:
- Bricklaying and blockwork for buildings
- Stone masonry for walls, facades, and decorative features
- Concrete block and foundation construction
- Retaining walls and hardscape installations
- Restoration and repair of historic masonry structures
This industry is labor- and material-intensive, requiring skilled workers, heavy equipment, and efficient project management.
Common Pain Points in Masonry Contractor Financing
From Reddit’s r/Construction, r/Contractors, and Quora discussions, masonry businesses often highlight these challenges:
- Material Costs – Bricks, stone, and concrete prices fluctuate, affecting profitability.
- Labor Shortages – Recruiting and retaining skilled masons increases payroll expenses.
- Equipment Investments – Mixers, scaffolding, lifts, and safety gear require significant capital.
- Cash Flow Gaps – Contractors often wait weeks or months for project payments.
- Competition – Competing for bids with larger firms pressures margins.
How SBA Loans Help Masonry Contractors
SBA financing provides affordable, flexible capital that helps contractors cover expenses, purchase equipment, and grow operations.
SBA 7(a) Loan
- Best for: Working capital, payroll, materials, or refinancing debt
- Loan size: Up to $5 million
- Why it helps: Provides liquidity for supplies, wages, and subcontractor costs
SBA 504 Loan
- Best for: Equipment, facilities, and large-scale projects
- Loan size: Up to $5.5 million
- Why it helps: Ideal for purchasing mixers, scaffolding, and warehouse or yard space
SBA Microloans
- Best for: Small or startup masonry contractors
- Loan size: Up to $50,000
- Why it helps: Useful for tools, small equipment, or initial marketing
SBA Disaster Loans
- Best for: Contractors impacted by natural disasters or emergencies
- Loan size: Up to $2 million
- Why it helps: Provides recovery funds for damaged equipment, disrupted projects, or lost revenue
Step-by-Step Guide to Getting an SBA Loan
- Check Eligibility – Must be a U.S.-based, for-profit masonry company with good personal credit (typically 650+)
- Prepare Financial Documents – Include tax returns, P&L statements, supplier invoices, and project contracts
- Find an SBA-Approved Lender – Some lenders specialize in construction trade financing
- Submit Application – Provide a business plan highlighting services, market demand, and growth potential
- Underwriting & Approval – SBA guarantees reduce lender risk. Approval usually takes 30–90 days
FAQ: SBA Loans for Masonry Contractors
Why do banks often deny loans to masonry contractors?
Banks may view contractors as risky due to project-based payments, material costs, and limited collateral. SBA guarantees reduce this risk and improve approval chances.
Can SBA loans finance mixers, scaffolding, and masonry tools?
Yes. SBA 7(a) and 504 loans can fund equipment purchases, storage facilities, and yard expansions.
What down payment is required?
SBA loans usually require 10–20% down, compared to 25–30% with conventional financing.
Are startup masonry businesses eligible?
Yes. Experienced masons with a solid business plan may qualify for SBA microloans or 7(a) financing.
What repayment terms are available?
- Working capital: Up to 7 years
- Equipment/facilities: Up to 10 years
- Real estate/yard space: Up to 25 years
Can SBA loans support marketing and bid expansion?
Absolutely. Many masonry contractors use SBA financing to fund marketing, bidding platforms, and business development to secure larger contracts.
Final Thoughts
The Masonry Contractors industry is essential to construction and restoration projects but faces financial hurdles tied to labor, materials, and equipment. SBA Loans for Masonry Contractors provide affordable, flexible financing to stabilize operations, purchase tools, and grow project capacity.
Whether you’re a small contractor working on residential projects or a larger firm bidding on commercial builds, SBA financing can provide the resources you need. Connect with an SBA-approved lender today and explore your funding options under NAICS 238140.
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#Preferred Lenders Program
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#Existing or more than 2 years old
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#Change of Ownership
#New Business or 2 years or less
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#Variable Rates
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#Asset Base Working Capital Line (CAPLine)
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#Seasonal Line of Credit (CAPLine)
#Builders Line of Credit (CAPLine)