Ironclad's Application Process
What Is Reviewed During the Application Process?
Our underwriting process focuses on operational performance and receivable quality.
Typical documentation includes:
- Accounts receivable aging report
- Customer concentration details
- Contract summaries
- Recent financial statements
- Organizational information
We evaluate the strength of your billing cycle, payment history, and contract structure to determine eligibility and funding capacity.
How Working Capital Funding Works
Once approved, funding is typically structured around eligible receivables.
A percentage of approved invoices — known as the advance rate — is made available to support:
- Payroll obligations
- Material purchases
- Subcontractor payments
- Operational stability
- Growth initiatives
The goal is to convert earned revenue into usable liquidity while maintaining disciplined capital structure.
How Long Does the Working Capital Application Take?
Timing depends on documentation readiness and receivable clarity.
Once required materials are received, underwriting is conducted efficiently and transparently. Our focus is structured implementation — not unnecessary delay.
Why Structured Working Capital Matters
Revenue on paper does not protect a business. Liquidity does.
Construction and project-based companies often experience cash flow gaps caused by:
- Delayed approvals
- Retainage withholding
- Pay-when-paid clauses
- Growth outpacing collections
Working capital financing helps stabilize these timing gaps without forcing misaligned long-term debt structures.
Begin Your Working Capital Application
If your company needs immediate liquidity support or anticipates cash flow strain from upcoming projects, complete the application below.
Our team reviews each submission with disciplined underwriting standards and clear communication.
Working capital is not about short-term survival. It is about operating from control.