Keelpark Capital Group, a small-business funding broker in Jackson, Tennessee, helps Madison County contractors finance equipment and work vehicles, cover payroll and materials between draws with a line of credit or working capital, and fund growth with term loans. Madison County had 197 construction employer establishments in 2023 (Census CBP). Lending partners decide and set terms.
| Typical needs | Equipment and work vehicles, materials, payroll between draws |
|---|---|
| Funding types discussed | Equipment financing, lines of credit, working capital, term loans |
| Madison County construction | 197 employer establishments in 2023, 55.3% with fewer than five employees (Census CBP) |
| Owner-only construction firms | 738 in Madison County in 2024 (Census Nonemployer Statistics) |
| Who decides | The lending partner, not Keelpark Capital Group |
| Address | 109 N Church St, Jackson, TN 38301 · (731) 252-4018 |
Madison County construction in the numbers
Madison County had 197 construction employer establishments in 2023, with 2,804 paid employees and about $215.9 million in annual payroll. More than half, 55.3 percent, had fewer than five employees (U.S. Census Bureau, County Business Patterns 2023).
| Type | Employer establishments | Paid employees | Fewer than 5 employees |
|---|---|---|---|
| Construction of buildings (NAICS 236) | 58 | 705 | 56.9% |
| Specialty trade contractors (NAICS 238) | 127 | 1,751 | 55.1% |
| All construction (NAICS 23) | 197 | 2,804 | 55.3% |
Source: U.S. Census Bureau, County Business Patterns 2023. Separately, the county had 738 construction businesses with no paid employees in 2024, 496 of them specialty trade contractors (U.S. Census Bureau, Nonemployer Statistics 2024). Those come from a different program and year and should not be added to the employer counts.
Residential building activity
New privately owned housing units authorized by building permits in Madison County were 235 in 2023, 247 in 2024 and 236 in 2025, and every unit authorized in 2025 was a single-family home (U.S. Census Bureau, Building Permits Survey, county annual files). Those figures count only new residential units, not commercial work, remodels or repairs, so they show one slice of local demand, not the whole market.
How construction financing works for a contractor
For a contracting business, construction financing usually means funding the business, not the building. The money question is timing. Many jobs are billed in stages, and contracts often hold back a share of each payment until the work is accepted. Meanwhile wages, fuel and materials are due every week.
Construction company working capital fills that gap for one job; a contractor line of credit fills it across several overlapping jobs, drawn when a job starts and repaid when its payment arrives. If you are working on government or institutional contracts, payment schedules can be long, so build that timing into the request.
Equipment, trailers and work vehicles
How do you finance construction equipment? Usually with equipment financing secured by the machine: excavators, skid steers, compact track loaders, trailers, lifts, service vans and pickups. Partners look at the equipment's age, hours and resale value, and used machines often get shorter terms. A lease can make sense for equipment you replace often; a loan or equipment finance agreement suits machines you will run for years.
Before you finance a machine, check its payment against your slowest month, not your busiest, and ask what the partner requires if the equipment is damaged or sold.
Paperwork partners commonly ask contractors for
- Recent business bank statements
- A schedule of jobs in progress, with contract values and amounts billed
- Accounts receivable aging, showing who owes you and for how long
- The equipment quote, or a list of equipment you already own
- Current debts, including equipment loans and any advances
- Entity records and any trade licenses the partner asks about
A clean job schedule does more for a contractor's request than almost anything else, because it shows where repayment will come from. How underwriting works explains what reviewers do with it.
Before you sign for a machine or a line
- Read whether the financing carries a blanket lien on all business assets, not just the equipment
- Ask whether there is a personal guarantee and what it covers
- Check prepayment terms if you expect to pay off early after a large job
- Avoid stacking a merchant cash advance on top of an existing line; daily debits and draw timing rarely line up
How Keelpark Capital Group works with contractors
Tell us what the job or the machine is, and how the business is paid. We will explain which funding type fits and send the request to lending partners that fund construction and the trades.
Working capital covers the cash-gap side in more detail, and the Jackson, TN page lists local license steps and free advising. Other industries have their own pages.
By Keelpark Capital Group · Updated