What is Faith Construction?
Faith Construction and Ironworks, established in 2005, operates as a general contractor and subcontractor based in New York. The company specializes in metal fabrication, window guard fabrication and installation, structural steel, and various types of railings and fences. It has become a notable entity in the construction industry, particularly for projects adhering to union and prevailing wage standards. Faith Construction holds SCA certification for metal fabrication and installation and is recognized as a Local Based Enterprise by the SCA and NYC Department of Small Business, demonstrating its commitment to quality and compliance.
How much funding has Faith Construction raised?
Faith Construction has raised a total of $940K across 2 funding rounds:
Debt
$350K
Debt
$590K
Debt (2020): $350K with participation from PPP
Debt (2021): $590K led by PPP
What's next for Faith Construction?
The recent major strategic investment indicates Faith Construction is poised for further expansion and operational enhancement. This capital infusion is likely to fuel advancements in its fabrication capabilities, project acquisition, and potentially its geographic reach. As an established player with a focus on union-compliant projects and specialized fabrication, the company is well-positioned to leverage this financing for continued growth and to solidify its market position in the competitive New York construction landscape.
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