Working Capital & Line of Credit
Not every rig-related expense is a full equipment purchase. A working capital loan or business line of credit gives spray foam contractors flexible funds for maintenance, unexpected repairs, replacement parts, or bridging cash flow between larger jobs.
How it works
- 1
You describe the working-capital need on your application — repair, parts, or general operating cash.
- 2
We route the request to lenders offering business lines of credit or short-term working-capital loans.
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Approved businesses typically draw funds as needed, up to an approved limit, rather than a single lump sum.
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Repayment structures vary by lender — some are revolving lines, others are structured short-term loans.
Good for
- Covering an unplanned proportioner or hose repair without pausing jobs
- Bridging the gap between completing a job and receiving payment
- Keeping a reserve available for parts and consumables during your busy season
Typical factors for this financing type
General, industry-typical patterns — not a guarantee. Every lender sets its own criteria, and your specific approval and terms depend on the financing source you're matched with.
Time in business
Working-capital products often have their own, sometimes shorter, time-in-business thresholds than equipment loans
Revenue
Many lenders look at recent business revenue trends rather than equipment collateral alone
Use of funds
General operating use rather than a single equipment purchase
Structure
Revolving lines of credit and short-term installment products are both common
Working Capital & Line of Credit FAQs
Working capital products are generally better suited to maintenance, repairs, and operating expenses rather than a full rig purchase — for the rig itself, an equipment loan or lease is typically the better fit.
Not exactly. A line of credit is typically revolving — you draw and repay as needed, up to your approved limit — while a loan is usually a lump sum repaid on a fixed schedule.
Compare your other paths
Equipment Loans
A term loan secured by the rig itself — you own the equipment once the loan is paid off, and the rig typically serves as its own collateral.
Equipment Leasing (Lease-to-Own)
A lease structure that spreads the cost of a rig over time, often with lower upfront cash requirements and a purchase option at the end of the term.
New vs. Used Rig Financing
Financing is available for both brand-new rigs from a dealer and used equipment purchased directly from another contractor or a private sale.
Start your spray foam rig financing application
Tell us about the equipment you need and your business, and we'll connect you with financing sources that work with spray foam contractors.