Loans for Contractors
Civil and building contractors often face cash-flow challenges between project billing cycles. We specialise in working capital loans, construction equipment loans, and overdraft facilities tailored for Hyderabad's booming real estate sector.
Best Loans for Contractors
We understand contractor income. Our advisor matches you with the right lender.
Why Contractors Get Better Rates
CGTMSE Cover up to ₹2 Crore
Government-backed guarantee allows lenders to sanction collateral-free loans up to ₹2 crores for registered contractors.
GST-Based Fast Approval
Loans sanctioned on 12-month GST returns and bank statements — no audited financials required for amounts up to ₹25L.
Invoice Discounting Against Govt Orders
Convert your pending GHMC, NHAI, or HMWSSB invoices into immediate cash at competitive discount rates.
Overdraft Facility
A revolving credit line where interest accrues only on drawn amounts — ideal for managing billing cycle gaps between project payments.
Best Loan Products for Contractors
Click any loan type to compare rates, eligibility, and lenders in detail.
How Much Can You Borrow?
Indicative amounts for contractors with CIBIL 750+ and no existing EMIs. Actual amount may vary by lender.
Based on 50% FOIR, 5-yr personal loan tenure and 20-yr home loan tenure. Higher existing EMIs reduce eligibility proportionally.
Specialty Loan Solutions
Beyond standard loans — products built specifically for contractors.
Working Capital Loans
Bridge cash flow gaps between project billing cycles
Construction Equipment Loans
Finance JCBs, cranes, concrete mixers with minimal down payment
Loan Against Property
Unlock equity from existing property to fund large contracts
What Contractors Say
“Got ₹35L working capital against GHMC work orders — zero property pledged. The NBFC Loans Got Easy found was 3x faster than my bank.”
“Equipment loan for two JCBs sanctioned at 12.5% with the machinery itself as collateral. Kept my personal property completely out of it.”
Get Your Best Rate as a Contractor
Our advisor specialises in contractor income. We compare 25+ lenders and negotiate on your behalf — for free.
Eligibility Criteria
Most contractors meet these. Our advisor confirms your exact eligibility before applying.
Documents Required
Exact requirements vary by lender and loan amount. Our advisor confirms the final checklist for you.
Business Identity & Registration
- GST registration certificate
- PAN card (individual and firm, if separate)
- Aadhaar card of proprietor / all partners
- Contractor licence — PWD / CPWD / GHMC registration
- Partnership deed / firm registration certificate (if applicable)
- Shop and Establishment Act licence or trade licence
Financial & Income Proof
- ITR with computation sheet (last 2 years)
- Audited profit and loss account + balance sheet (last 2 years)
- Bank statements (last 12 months — all business accounts)
- GST returns — GSTR-1 and GSTR-3B (last 2 years)
Business Activity Proof
- Ongoing project work orders or contracts (from GHMC, HMDA, NHAI, or private clients)
- Completed project certificates / work completion certificates
- Client invoices and billing statements (last 3-6 months)
- Equipment list or owned asset statement (if applying for equipment loan)
- Purchase orders or sub-contractor agreements (if applicable)
Collateral Documents (Secured Loans Only)
- Property title deed and registered sale deed
- Encumbrance certificate (last 15 years)
- Property tax receipts (latest year)
- Approved building plan and layout approval
- Valuation report from bank-approved valuer
How to Get Your Contractor Loan
Quick Call
Tell us your profession and requirement. Our advisor understands your income type.
Documents
We collect only what's needed — no repeated asks, no unnecessary paperwork.
Best Offer
We compare 25+ lenders and present the best rate you qualify for.
Disbursement
Money in your account — as fast as same-day for pre-approved cases.
Loans by Contractor Specialty
Each specialty has unique income patterns and bank classifications. View the page for your specialty.
Loan FAQs for Contractors
Some lenders accept ITR-based lending for contractors with turnover below ₹20 lakhs. For larger loan amounts, GST registration is strongly recommended. We identify lenders who work with unregistered contractors.