Coralpoint Commercial Capital, a small-business funding service in Titusville, FL, arranges business loans for contractors, builders and specialty trades across Brevard County, FL: lines of credit for materials and payroll, equipment financing for trucks and machines, and working capital for draw gaps. Funding partners review each request and decide.
| Space Coast construction employers (2023) | 1,750 construction establishments |
|---|---|
| Specialty trades among them | 1,217 |
| Fewer than five employees | 1,179 of 1,750 |
| Nonemployer builders (2024) | 5,129 |
Space Coast builders and trades in Census counts
Brevard County, FL counted 1,750 construction employer establishments in 2023, employing 13,132 people with $778.5 million in annual payroll (County Business Patterns 2023). Specialty trade contractors made up 1,217 of them and construction of buildings 453. Most are small: 1,179 of the 1,750 had fewer than five employees.
Separately, the county had 5,129 construction businesses with no payroll in 2024, reporting $360.8 million in receipts (Nonemployer Statistics 2024). The two programs measure different businesses in different years, so they are not added together here.
Building activity gives context: permits were issued for 6,537 new residential units in Brevard County, FL in 2023, 4,603 in 2024 and 4,624 in 2025 (Census Bureau Building Permits Survey). Single-unit buildings took 3,376 of the 2025 total and five-plus-unit buildings 1,230.
How a busy contractor can still run short of cash
A contractor pays for materials at the supply house, pays crews every week and pays for fuel and equipment every day. The client pays on a draw schedule or at completion, and commercial clients may hold back part of each payment until the job is closed out. The bigger the job, the longer the stretch between spending and collecting. Growth makes that gap wider, not narrower.
That is why a question like how to get a loan for a construction company comes down to timing: how much cash the business has to carry before the first draw arrives.
Matching construction costs to funding structures
| Need | Structure | Why it fits |
|---|---|---|
| Materials and payroll between draws | Line of credit | Draw per job, repay as draws arrive |
| Skid steer, trailer, lift, work truck | Equipment financing | The loader or truck backs the deal |
| One defined gap before a large draw | Working capital | Fixed payments with a clear end |
| Yard or shop build-out | Term loan | One sum on a fixed schedule |
Sizing the gap: how to calculate the working capital requirement for a construction company on the Space Coast
A simple way to size it: add up the costs you will pay before the first draw (materials, labor, equipment rental, permits and insurance), then subtract any deposit. Repeat for each job running at the same time, since their gaps overlap.
Illustrative only: a remodeler starting two jobs pays $21,400 in materials and $13,600 in wages before the first draws, and holds a $6,800 deposit. The gap is $28,200 for those weeks. A line sized near that gap, drawn and repaid per job, is one way to fund it; compare its total dollar cost with borrowing the whole amount for a year. These numbers are invented to show the method, not a typical request or offer.
The construction business loan calculator shows the monthly payment on a loan amount, rate and term you enter.
Construction equipment financing
For a small contractor, a machine or truck can be the biggest single purchase. Partners finance new and used machines, often with the equipment as collateral, and look closely at age and hours for used units. The post on used construction equipment in Brevard County, FL covers inspections, dealer versus private sales and what partners ask for.
What partners review on a construction company loan
- A run of recent operating-account statements, showing how draws land
- Current contracts or a backlog list with values and schedules
- How long the business has operated, and its yearly revenue
- Any equipment quotes
- Existing equipment loans, lines or advances
A building permit record can help show that a job is real and under way. The Brevard County building permit guide explains how to look one up by address.
Trade pages under construction
Two trades have their own pages: painting, flooring and finish contractors and plumbing and HVAC contractors. For business data on the city, see the Titusville, FL page.
What a Space Coast contractor should pin down before signing
- Is the line reviewed each year, and can the limit grow with backlog?
- Does the equipment agreement allow early payoff if a job pays early?
- Are draws on the line available the same week a supplier invoice lands?
- What happens to the payment schedule if a job stalls?
Other trades are summarized on the industries page.
By Coralpoint Commercial Capital · Updated