Builders and trade contractors in Sterling, Colorado can send Brookmark Financial a request for a machine, a materials bill or a payroll gap, and a funding partner reviews it.
At a glance
- Construction, Logan County, CO
Construction employer establishments, Logan County, CO: 44 with 247 paid employees (CBP 2023)
- Specialty trade contractors, Logan County, CO
Specialty trade contractors, Logan County, CO: 26 employer establishments (CBP 2023)
- Construction without payroll, Logan County, CO
Construction businesses without paid employees, Logan County, CO: 197 (Nonemployer Statistics 2024)
Heavy equipment financing in Sterling, CO: framing crews, lumber orders and draw delays
Heavy equipment financing pays for loaders, excavators, dump trucks and telehandlers, with the machine as security. A framing crew may need a telehandler and a trailer; a lumber order and a delayed draw are separate costs that equipment financing does not cover.
Construction employers in Logan County, CO had 247 paid employees and $13.2 million in annual payroll in 2023 (County Business Patterns).
A partner pricing a heavy machine looks at its age, hours and resale market, and at the jobs it will work on. A contractor with signed work for the coming season can show those contracts beside the quote; a contractor buying ahead of work can show the jobs of the past two years instead. Either way, the request reads better when the machine is tied to the revenue it will earn.
Builder line of credit in Sterling, CO: mini excavators, trench boxes and retainage
A builder line of credit carries materials, small equipment rentals and payroll between draws. Retainage, the share of each payment a customer holds back until the job is accepted, can tie up money for months after the work is done. Illustration only, invented figures: on a $180,000 contract with 5% retainage, $9,000 stays with the customer until final acceptance (our arithmetic).
A line sized to cover retainage and one or two draws in waiting lets a builder take the next job without waiting for the last one to close.
General contractor loans for Logan County, CO: skid steers, dump trailers and bid bonds
General contractors finance skid steers, dump trailers, compact loaders and work trucks. Bid bonds and performance bonds are issued by surety companies, not lenders, but a surety looks at the contractor's finances in a similar way, and working capital helps the balance sheet a surety reads.
Building construction (NAICS 236) counted 15 employer establishments in Logan County, CO in 2023: 10 residential and 5 nonresidential builders (County Business Patterns).
Builders without payroll are counted in another program. Nonemployer Statistics counted 197 construction businesses without paid employees in Logan County, CO in 2024, 65 of them in building construction and 130 among specialty trade contractors. That is a separate Census program from the employer counts above, and the two are not added together. A one-person contractor buying a first machine can still send a request; partners read personal and business records together for a sole owner.
Mini excavator financing in Sterling, CO: telehandlers, job trailers and material deposits
A mini excavator handles trenching, footings and utility work on small sites. Illustration only, invented figures: a $72,000 mini excavator with $10,000 down leaves $62,000 to finance. At an annual rate of 10% over 60 months the payment is about $1,317 and total payments about $79,039, of which about $17,039 is interest.
Telehandlers, job trailers and material deposits sometimes come with the same job. The machines fit equipment financing; a material deposit fits working capital or a line of credit.
Business loans for contractors in Sterling, CO: concrete pumps, forms and payroll on long jobs
Long jobs mean paying a crew every two weeks while the customer pays on a draw schedule. Illustration only, invented figures: a contractor with a biweekly payroll of $11,200 waits 50 days for a delayed draw. That wait covers 4 payrolls (our arithmetic: 50 divided by 14, rounded up), a gap of $44,800. A working capital loan or line sized to that figure keeps the crew paid.
Concrete pumps and forms are equipment; concrete, rebar and lumber are materials. Separate them in the request.
A schedule of jobs in progress helps here: the contract amount for each job, what has been billed, what has been paid and what is held as retainage. With that schedule a partner can see when the gap closes, and the contractor can see whether a short loan or a standing line is the better match.
Construction business loans in Sterling, CO: excavation, grading and equipment buys
Excavation and grading contractors buy or replace equipment such as dozers, graders, excavators and dump trucks. Equipment financing secured by those machines fits that kind of purchase.
Specialty trade contractors (NAICS 238) counted 26 employer establishments in Logan County, CO in 2023, including 9 plumbing, heating and air-conditioning contractors and 7 electrical contractors. Heavy and civil engineering construction accounts for the remaining 3 of the 44 construction establishments (our arithmetic). Residential building permits authorized 5 new housing units across Logan County, CO in 2025, 12 in 2024 and 9 in 2023 (Building Permits Survey).
By Brookmark Financial · Updated