Industry — Construction & Contractors

Business debt consulting for contractors caught between project payment lag and daily MCA debits.

Progress payments take weeks. Retention holds take months. MCA debits take daily. We help contractors evaluate their realistic options before the gap consumes the company.

Construction crew in hard hats pouring and finishing concrete on a job site — illustrating the operating environment of a small construction or contracting business

Construction and contracting owners we help

Construction has a payment structure that almost guarantees cash flow stress, and MCA funders have built their products around it. A general contractor or subcontractor finishes a phase, submits a draw, waits 30-to-60 days for payment, has 5-to-10% held in retention until project completion — and in the meantime owes labor, materials, fuel, equipment payments, and insurance on a continuous schedule.

The contractors and subs we see typically share some combination of:

  • Stacked MCAs taken to bridge progress-payment gaps — three to six positions accumulated over a year or two as job sizes grew faster than working capital.
  • Equipment financing on top of MCA stack — excavators, trucks, lifts, or specialty tools financed on multi-year notes that don't flex when the MCA debits hit.
  • Retention exposure — significant receivables tied up in retention holds, available on paper but not in the bank.
  • Labor cost pressure — skilled trades wages have risen sharply, and a contractor underbidding to win work can be profitable on paper while running negative on cash.
  • Tax exposure — payroll tax obligations or quarterly estimated taxes deferred to cover MCA debits, which is one of the most damaging trades a contractor can make.
Contractor receivables timing gap Diagram showing a $100,000 invoice resulting in $90,000 paid after about 60 days and $10,000 retention released only at project completion, with daily MCA debits hitting throughout. The contractor receivables gap A $100,000 invoice. Cash arrives in two parts, months apart. Invoice submitted Net-60 draw 90% paid Project end retention released ~60 days ~90+ days (until project completion) $90,000 $10,000 retention MCA debits — every business day
The contract is signed and the work is done. But cash arrives in two parts — most at the draw, the rest held in retention until completion. Daily MCA debits do not pause for either gap.

Why construction owners work with us

Construction is capital-intensive, project-driven, and dependent on a payment cycle the contractor doesn't fully control. That combination is what makes MCA marketing so effective in this industry — and what makes the stacking problem so destructive when the work slows or a major customer pays late.

We are not lenders, not factoring companies, not contingency-fee debt firms. We are independent business consultants paid a flat fee by you. That means we have no reason to push you toward any particular product — no MCA refinancing, no SBA application, no specific settlement firm. Our role is to map your actual position, including the receivables tied up in retention and progress, and tell you which paths are realistic given where you genuinely are.

For some contractors that's restructuring with current funders. For others it's refinancing into SBA or bank lines if cash flow and credit support it. For others — the honest answer — it's settlement or a court-supervised reorganization because the business cannot service even restructured terms. We tell you which, with the numbers behind it.

How a construction consultation works

Step 1 — Position review. We map every open MCA, equipment note, line of credit, current job receivables (including retention), payroll obligations, and any tax exposure. The full picture matters because retention and progress-payment receivables look like assets on paper but don't pay daily MCA debits.

Step 2 — Options modeling. We model realistic paths — restructuring with current funders, refinancing if your credit and cash flow support SBA or bank-term financing, settlement on specific positions, or court-supervised reorganization if the business can't service restructured terms. Each path includes cost, timeline, and risk.

Step 3 — Written decision framework. You leave with a written plan that fits your priorities — finishing current jobs cleanly, preserving licensing and bonding, protecting personal credit, or making the call to wind down responsibly. You can execute it with us, with your attorney, or on your own.

What construction owners should know about MCA debt

A few specifics worth understanding before you negotiate or sign anything.

Mechanic's liens and prompt payment laws. Most states have prompt-payment statutes governing how quickly contractors and subs must be paid on private and public projects. They don't eliminate cash flow gaps, but they can be a meaningful lever if a major project is genuinely past-due — particularly if you have unpaid invoices crowding out cash that's instead going to MCA debits. State laws vary; the U.S. Small Business Administration publishes general contracting and small business guidance, and your state's contractor licensing board or attorney general is the right source on prompt-payment specifics.

MCA reconciliation clauses matter. Many MCA contracts include reconciliation provisions allowing daily debits to be adjusted when revenue drops — useful if a project delay creates a documented revenue dip. They are rarely volunteered by the funder and must be invoked correctly. Our guide to evaluating an MCA stack covers what to look for in your contracts.

Confession of judgment exposure. Some MCA contracts include confession-of-judgment clauses that let a funder obtain a judgment without notice. Several states have restricted these in commercial financing — the Federal Trade Commission banned them in consumer contracts and several states have followed in commercial — but rules vary, and the clause in your contract is what controls. None of this is legal advice; it's context to ask sharper questions of your attorney.

Frequently asked questions

I have retention held on multiple projects. Does that help me?
It helps in modeling — retention is a future receivable — but it doesn't help with today's daily MCA debits. The realistic position review treats retention as scheduled receipt, not as available cash. The question is whether your operating cash flow holds up until those releases.
Will restructuring affect my bonding capacity?
It can, depending on how it's structured and how your surety treats it. Most sureties care primarily about the financial statement, the working capital ratio, and any indication of stress in payment history. This is a question we factor into the options analysis — and it's one of the reasons we recommend bringing your CPA and bonding agent into the conversation.
Can we keep operating during restructuring?
Usually yes — preserving the operating business is the whole point of restructuring over settlement. Whether you should depends on whether the underlying business is profitable absent the debt service, which is what the position review answers.
Are you brokers? Will you sell my information to lenders?
No. We are not brokers, not lenders, and not affiliated with any funder. We charge a flat consulting fee paid by you. Your information stays between us.

A 30-minute consultation costs nothing.

A free, confidential 30-minute consultation. No sales pitch — a clear-eyed walk-through of your options as a contractor.

Book your free consultation
RCA

Renaissance Capital Advisors

Debt relief specialist online