Hazelgrove Lending Group helps contractors and home builders in Redding, CA and Shasta County compare construction business loans: lines of credit and working capital between progress payments, equipment financing for trucks and machinery, and term loans. Shasta County counted 555 construction employers in 2023 and permitted 254 new homes in 2025. This page links each trade's own page.
| Construction employers, Shasta County, CA (2023) | 555 |
|---|---|
| Residential builders (2023) | 126 |
| Nonresidential builders (2023) | 24 |
| Homes permitted, county (2025) | 254 |
| Needs this page covers | Materials and crews between draws, equipment |
| Structures to compare | Lines of credit, equipment financing |
The contractor cash cycle
A builder's costs can run ahead of its income on a job. Materials are ordered at the start, crews and subcontractors are paid weekly, and the client, lender or general contractor pays in draws tied to milestones. Some contracts also hold back part of each payment until the job is complete. The bigger the job, the deeper the gap between paying out and getting paid.
That is why contractor funding can center on timing. A construction business line of credit can be drawn when a phase starts and repaid when its draw arrives, then used again on the next phase or the next job.
Construction line of credit for a contractor
A line of credit fits builders whose work runs job after job with similar gaps. A home builder line of credit, for example, carries framing and materials from foundation to the first draw. Partners usually look at the contractor's history of completed jobs, receivables and bank deposits to set the limit.
Working capital for a construction company is the alternative when the need is a single gap, such as one large job starting before another finishes. The working capital page explains how it is sized.
Construction equipment financing
Excavators, skid steers, compact track loaders, dump trucks, trailers and work trucks all hold resale value, which a partner can weigh. Match the term to how long the machine will work for you, and compare a lease if you only need it for a contract or two. See equipment financing.
Illustrative example: carrying one phase of a job
Hypothetical figures, not an offer. A builder signs a $280,000 residential job paid in draws. Materials for the first phase run about 35% of the job, $98,000, bought up front, and three weeks of crew wages come to $24,000 before the first inspection and draw. The builder is out roughly $122,000 before any money comes back.
A line drawn for that phase and repaid from the draw keeps the builder's own cash free for the next job. If the builder runs two such jobs at once, the line needs to cover both phases, not just one.
Construction in Shasta County, CA
County Business Patterns counted 555 construction establishments with employees in Shasta County in 2023, 64.1% of them with fewer than five employees. Residential building construction (NAICS 2361) accounted for 126, with 97 (77.0%) under five employees and 35 in ZIP 96001. Nonresidential building (NAICS 2362) added 24. Specialty trades made up much of the rest, including 78 finishing contractors, 68 plumbing and HVAC contractors, 64 electricians, 59 other specialty trades and 30 roofers.
Nonemployer Statistics counted 1,272 construction businesses without employees in the county in 2024, including 456 residential builders; those are separate counts from a different program and year. The Census Building Permits Survey recorded 208 new housing units authorized in the county in 2023, 246 in 2024 and 254 in 2025.
Habits that strain a contractor's cash
- Bidding new work without counting the cash it will tie up before the first draw
- Using a line of credit for a truck or machine, leaving no room for materials
- Letting change orders proceed without signed approval, then waiting to be paid for extras
- Running several jobs whose first draws all land in the same weeks
- Paying suppliers early to win a discount while payroll is short
These can show up in bank statements as dips between draws. A partner reading those statements will ask about them, so it pays to fix the pattern before applying.
Trade pages under this one
Painters, drywall and flooring crews: finishing contractor funding.
Plumbers and heating and air contractors: plumbing and HVAC funding.
Electricians: electrical contractor funding.
The contractor's file: what partners read
- Bank statements across several jobs
- Every open contract, with when each one pays
- Accounts receivable, including any amounts held until completion
- Equipment quotes for machinery or trucks
- Existing equipment payments and lines
Browse all industries or see county figures on the Redding, CA page.
