General Contractor License

Methodology authored by Zach Wade, Wade Intel — operator-led lender tech methodology firm. Definitions validated against production borrower-validation runs with working bridge lenders. · Last reviewed 2026-07-10

What is General Contractor License?

A state-issued license authorizing a contractor to perform construction work. Requirements vary by state — some require exams, bonds, and insurance, while others have minimal requirements. License types include General Building (B), General Engineering (A), and specialty classifications.

Why it matters to bridge lenders

An unlicensed GC on a construction bridge loan is a major risk. Work performed without proper licensing may violate building codes, void insurance, and expose the property owner (your borrower) to liability. Some states impose criminal penalties for unlicensed contracting. PulseClose verifies license status, expiration, and disciplinary history.