Concreting is a trade where the money goes out before the job starts and comes back well after it’s finished. You book the pump, order the premix, tie the reo, set the boxing and pay the crew, all before a single cubic metre hits the ground. Then you wait. Fast concreting business loans are built for that gap.
Why concreters need money before the pour
Few trades pay out as much up front. On a typical house slab you’re covering:
- Premix concrete. Many smaller concreters are on cash, deposit or tight account terms with suppliers.
- Pump hire. The line pump or boom pump has to be booked and paid, and a cancelled pour can still cost you.
- Steel. Mesh, trench mesh, bar chairs and reo all need buying before the inspection.
- Crew wages. Finishers, labourers and form setters are paid weekly regardless of when the builder pays.
- Waste and plant. Skip bins, excavation for footings and machine hire add up fast.
Then there’s the weather. One wet week can push three slabs back, which means no pours, no claims and the same wage bill. Builders typically pay your claim 30 days after approval, sometimes longer. Our building materials finance page explains how to fund supplies ahead of the work.
What concreters use loans for
- Paying premix and pump hire ahead of big pours
- Buying reo, mesh and formwork in bulk
- A skid steer, power trowel, laser level or concrete saw
- A new tipper, ute or trailer
- Crew wages through rain delays or slow builder payments
- Clearing an ATO or BAS debt
- Taking on a commercial slab, driveway package or estate contract
Secured loans for concreters who own property
If you own property with equity, it can secure a fast loan. A fast second mortgage is the most common option because your home loan stays as it is. A fast first mortgage suits property with no loan on it, and a business bridging loan helps if you’re waiting on a sale or refinance. In Victoria, caveat loans are also available.
With a property secured loan, you don’t need tax returns or financials, bad credit is considered, and terms are typically 1 to 12 months.
Unsecured loans if you don’t own property
An unsecured cash flow loan may suit concreters with an ABN, 6+ months of trading and business bank statements showing steady income. It’s sized to turnover and can be approved very quickly. For urgent cases, see same day business loans for tradies.
Can a concreter use a loan to clear a tax debt?
Yes. Concreting turnover can be lumpy, and a big quarter often lands a BAS bill right when builders are slow to pay. A fast loan can pay the ATO in full so you’re back in control. Talk to your accountant about the tax side.
Buying plant and equipment
Hiring a bobcat or power trowel every week gets expensive. Owning your own gear means you can say yes to jobs without juggling hire bookings. Our equipment finance for tradies page shows how a fast business loan can fund plant quickly.
Taking on bigger slabs and contracts
Winning a warehouse slab, a run of townhouse slabs or an estate driveway package can transform a concreting business. It also means bigger premix orders and more crew before the first claim lands. A loan lets you mobilise properly and deliver on time.
Example: a concreter hit by a wet fortnight
Hypothetical example only. A concreter in Brisbane has four slabs booked when a fortnight of summer storms pushes every pour back. His crew still expects wages, a builder owes him $55,000 on 30 day terms, and his premix supplier wants the account cleared before the next order. He owns his home. An $80,000 second mortgage over four months covers wages, clears the supplier and pays for the rescheduled pumps. He repays as the slabs are poured and claimed.
What to have ready
- Photo ID and ABN
- Details of the property you’ll use as security and any loan on it
- Business bank statements if applying unsecured
- A clear purpose and repayment plan
Key facts: loans for concreters
- Loan size: $20,000 to $5 million
- Security: property you or a guarantor own, or unsecured after 6+ months of trading
- Speed: as little as 24 hours for some property loans
- Term: property secured loans typically 1 to 12 months
- Suits: residential slab crews, decorative and driveway concreters, commercial concreters
- Pricing: every loan is priced on your circumstances, with the sharpest rate available for your situation
These loans are for business purposes. If you’ve got a pour coming up and cash is tight, check your options in about 60 seconds. There’s no cost to enquire.
