Steel fabricators front the cost of material, labor and equipment for projects that pay slowly. Rainstar Capital Group delivers the capital to bid bigger jobs and keep the shop running.
Structural and miscellaneous steel fabricators face a demanding cash cycle. Mill and service-center steel must be purchased up front, shop labor and welders paid weekly, and then progress billings wait on general contractors, often with retainage held back until the end of the project.
Volatile steel prices make estimating risky, and the equipment that makes a shop competitive, CNC plasma and laser tables, beam lines, press brakes and overhead cranes, requires heavy investment.
We help structural steel shops, ornamental and miscellaneous metals fabricators, welding shops and erectors finance materials, equipment, receivables and facilities.
Fabricators are some of the hardest-working operators we finance, and we get the squeeze of buying plate and beam up front while GCs sit on progress billings and retainage. Our job is to keep your shop floor moving so you can bid the bigger jobs with confidence.
Every steel fabricator business hits cash-flow pressure points. Here is how lines of credit and the right loan structures turn each one into an opportunity.
General contractors may pay 45 to 90 days out, with retainage held until project close-out.
How financing solves itInvoice factoring and AR lines advance cash against approved billings so the shop isn't waiting on the GC.
Prices can jump between bid and purchase, squeezing margins.
How financing solves itInventory financing and lines of credit let you buy material when you win the job and lock in pricing.
Beam lines, CNC plasma and laser cutters, press brakes and cranes are major purchases.
How financing solves itEquipment financing turns big purchases into manageable payments that match the equipment's life.
Thin working capital can cap the size of jobs you're able to bid.
How financing solves itStronger working capital and asset-based lines improve your balance sheet and capacity for larger projects.
Bigger projects need more bay length, crane capacity and laydown area.
How financing solves itCommercial real estate and SBA 504 loans fund shop purchases, expansions and new construction.
Skilled welders and fitters must be paid every week regardless of when projects pay.
How financing solves itA business line of credit keeps payroll steady between billing cycles.
From commercial real estate and equipment to inventory, factoring and business lines of credit, we match steel fabricator owners with the product that fits the need.
Beam lines, CNC plasma/laser tables, saws, press brakes, welders, cranes and trucks.
Turn progress billings and invoices into immediate cash.
Fund steel plate, beams, tubing and hardware purchases for awarded projects.
Revolving capital for payroll, consumables and short-term gaps.
Borrow against receivables, inventory and equipment with a line that scales with backlog.
Buy, build or expand fabrication shops and yards.
Long-term financing for facilities, major equipment and acquisitions.
Lump-sum capital for shop upgrades, crane installations or business acquisitions.
A short application and a few recent bank statements are usually enough to start.
We shop your request across our lender network and walk you through the terms side by side.
Choose the offer that fits and put the capital to work in your steel fabricator business.
Factors usually advance on the billed amount net of retainage. Some lenders also offer financing against retainage receivables once work is complete.
Improving working capital and liquidity can strengthen your financial statements, which sureties review when setting bonding limits.
Yes. Used fabrication equipment is regularly financed based on appraisal or dealer invoice.
Lines of credit and working capital can fund in days, so you can order steel as soon as you're awarded a job.
Practical articles for steel fabricator owners on cash flow, equipment, real estate and growth capital.
Tell us what you're working toward. We'll compare lenders and products and show you options that fit.
Checking your options won't affect your credit score. All financing is subject to lender approval.
