The Pinch Points
Why Electrical Contractors Come to Us Instead of Their Bank
Electrical work runs on material float and commercial draw schedules — and the bank doesn't move at the speed of a supply house. These are the spots where we get called.
Materials Due Before the Draw
You landed a $180K commercial rewiring contract but need $45K in materials and a wire puller before the first draw. Your supply house wants payment in 15 days.
Journeyman Getting Poached
Your best journeyman just got poached. Matching the offer means $8K more per year plus a $5K signing bonus. You need that cash now — not after the next job pays out.
Change Orders Outrunning Approval
The GC bumped your scope on a $300K project. Change orders added $60K in materials and labor but the CO approval is 3 weeks out. Your crew is already on site.
Service Van Down
You've got 3 panel upgrades scheduled this week at $4K each but your van's transmission blew. Repair is $7K and every day without the van means turning away $2K in service calls. Your bank wants a week to process.
Net-60 on a Retrofit
A property management company offered you a $95K electrical retrofit across 12 units. You need $22K in breakers, wire, and conduit upfront — but they pay net-60 after all units are complete.
EV and Battery Work on the Table
Commercial clients keep asking for EV charging and battery-backup installs — the highest-margin work on your board. But landing it means stocking chargers, switchgear, and a trained crew before the first invoice clears. Pass, and the GC hands it to a shop that tooled up first.
What an operator said
“A competitor tried to poach my best journeyman with a signing bonus. I funded a counter and a raise the same week — kept the guy I'd spent three years training.”
Dave R. · Commercial Electrician · Phoenix, AZ
Start Here
See Your Range in 60 Seconds
No credit check, no documents to start, and an estimated funding range on the spot. No one contacts you until you’re ready to move forward.
What Happens When You Start
Estimate Your Capital Range
Slide to your annual gross revenue. We size capital off your top line — not your credit score.
Estimated Capital Range
A conservative range based on 10-15% of annual revenue — many businesses qualify for more with strong receivables or assets behind them. Lenders return real term sheets once they see your file.
60 seconds · No obligation · Estimate only
Built for the Trade
What We Fund for Electrical Crews
Commercial Draw Gaps, Bridged
Your GC pays net-30 to net-90, but wire, panels, and payroll are due now. A revolving line lets you buy materials at job pace and repay when each draw clears — so a slow commercial schedule never stalls your next start.
Vans, Wire Pullers, and Tools — Financed
Service vans, wire pullers, bucket trucks, diagnostic gear — financed with the equipment as collateral, so your cash stays free for materials and payroll instead of sinking into one purchase.
Fund the High-Margin Ramp
Equipment and a working line fund the gear and crew that high-margin EV and switchgear work needs before the first invoice clears, so you win the bid instead of passing it along.
Scale the Crew to Win Bigger Bids
Working capital funds the headcount and retention — a second crew, raises, counteroffers — that a larger commercial package takes before the first draw, so you can say yes to the job that grows the business.
Match Your Situation
The Cash-Flow Gaps We Fund for Electricians
Match your situation to the structure. Every one of these funds on your revenue, not a perfect credit file.
| What It Looks Like | Funding Solution | Amount | Speed | |
|---|---|---|---|---|
| Material float | Wire and panels due on delivery; the GC pays on the draw schedule | Working Capital | $75K–$200K | 1–3 days |
| Commercial mobilization | $40K–$80K in materials and labor upfront before the first draw | Working Capital or LOC | $75K–$250K | 1–5 days |
| Change-order gap | Fronting labor and materials before the CO is approved | Working Capital | $75K–$150K | 1–3 days |
| Service van replacement | Van dies, panel upgrades and service calls stack up | Equipment Financing | $75K–$150K | 3–5 days |
| Slow-pay GC | Commercial invoices sitting at net-60, payroll still due | Invoice Factoring | $75K–$300K | 1–2 days |
The Products
How Electrician Financing Is Structured
Most electrician files fund between $75K and $5M+, structured to the job in front of you. Larger lines available when revenue, cash flow, and story qualify.
| Amount | Term | Best For | Funding Speed | Typical Structure | |
|---|---|---|---|---|---|
| Working Capital | $75K–$5M+ | 6mo–10yr | Material float, payroll, change orders | 1–3 days | Often unsecured, daily/weekly ACH |
| Equipment Financing | $75K–$5M+ | 3yr–7yr | Service vans, wire pullers, diagnostic gear | 3–7 days | Equipment serves as collateral |
| Business LOC | $75K–$5M+ | Revolving | Recurring material draws across commercial jobs | 1–5 days | Unsecured line, no PG by default |
| Invoice Factoring | $75K–$5M+ | Per invoice | Slow-paying GC commercial billings | 1–2 days | Invoices secure the line, no PG typically |
Tax Strategy
Section 179 on a Service Van and Wire Puller — Worked
If last year was strong and you’re about to write a check to the IRS — stop. Acquire qualifying equipment with as little as 10% down, finance the rest, and write off the full purchase price in year one. Section 179 covers it up to the annual cap; 100% bonus depreciation — made permanent in 2025, with no cap and no income limit — carries the rest.
At the top bracket, that first-year deduction can return meaningful tax savings — and for an established business with strong cash flow, it’s the difference between writing a check to the IRS and putting the same money into your own equipment. Your CPA models the exact numbers for your bracket and structure.
Worked scenario · top bracket · illustrative
You financed the machine and put down a fraction of its price — but you deduct the full price in year one. The write-off is bigger than your down payment, and the equipment keeps working the whole time.
Scales with your numbers
Illustrative only. Actual savings depend on your tax bracket, entity type, state conformity, and CPA guidance. Section 179 and bonus depreciation are elections your CPA makes for your situation; above the Section 179 cap, 100% bonus depreciation carries the balance.
Terms reflect credit, revenue, time in business, and each lender. Every file is unique — see what the desk structures for yours in the 60-second qualifier.
Bobby’s Take
“Commercial electrical is a waiting game — you wire the building, then sit through a 90-day cycle while the supply house wants paying now. A $65K van and wire puller is what lets you take that work at all. Finance it with a fraction down, and §179 writes off the full $65K in year one — more than the cash you put in. The rig that wins the commercial job and softens the tax bill at once.”
Bobby Friel · Founder · 20+ years in banking and finance
How It Works
From Application to Funded
One application, 70+ lenders competing, a dedicated specialist, and most files funded in days.
60-second estimate
Enter your numbers — no credit check, no documents. You see an estimated funding range on the spot.
A specialist is assigned
A real funding specialist — not an algorithm — reviews your file, usually within 24 hours.
70+ lenders compete
Your application goes to the marketplace. Competing offers typically land 24–48 hours later.
You pick the offer
Compare structures and terms with your advisor. No obligation until you choose to sign.
Funded in days
From same-day working capital to a multi-piece stack, most files fund in days — not the bank’s 60–90.
Underwriting
What Underwriting Looks At
Funding here leads with what your business actually does — your revenue and cash flow. The specialist desk reads the real picture from your statements, then matches it to the lenders most likely to fund it.
How you’re evaluated
Revenue-first
sized off your top line, not just your balance sheet.
Cash-flow driven
your bank statements show how the business really runs.
Bank-statement underwriting
even a down year is read off 4 months of statements.
Story-driven
a big new contract, a seasonal swing, a turnaround in progress: context the raw numbers miss counts too.
What to have ready
↳Had a loss year? It’s read off the bank statements — 4 months, not 6.
Start fast, finish complete
The operators who fund quickest come to the specialist review with these ready — but you don’t need all of it to start. Your signed application and bank statements are what unblock the review; the rest can follow as trailing docs. Real term sheets come once the lenders can see a true business overview, so the move is simple: get the application and statements in right away, and don’t let a missing tax return hold up your term sheets.
Credit, straight
Qualification
Who Gets Funded — and Who’s Not Ready Yet
A straight read saves everyone time — here’s the line between an electrician file that funds and one that isn’t ready yet.
↳Time in business is a factor, not a gate — newer crews with strong revenue still qualify.
Not ready yet isn’t a no — it’s a checklist. Most of it is fixable in a quarter or two, and your advisor will tell you straight which gaps to fix before a file goes in.
The Operator's Guide
Electrical Contractor Financing
The Math Doesn't Work Without Capital
Here's the thing — your supply house wants payment in 15 days, your GC pays on a 45-day draw schedule, and your journeyman needs his check Friday. That math doesn't work without capital. I talk to electrical contractors every week who are sitting on signed contracts they can't start because their bank needs 6 weeks to approve a $45K material advance.
One Application, 70+ Lenders
We fund electricians — residential, commercial, industrial, low-voltage — in as little as 24 hours. One application. 70+ lenders. Soft-pull review. Your wire puller, your service van, your next commercial rewire — we've funded all of it. If your credit union is making you wait three weeks for a decision, you're losing money every day you don't switch.
Common Questions
Electrician Financing — Questions, Answered
Working capital ($75K–$5M+) is commonly sized to your monthly deposits and the job in front of you. Equipment financing for wire pullers, service vans, and testing gear also runs $75K to $5M+ with the equipment as collateral.
Yes. Electrical contractors with 6+ months of operating history and steady monthly deposits can qualify. Active contracts and consistent revenue matter more than time in business.
A business line of credit is ideal for bridging 45–90 day commercial draw cycles — draw when materials are due, repay when the GC pays. Invoice factoring is another option: get 80–90% of an outstanding commercial invoice within 24–48 hours.
No. Soft credit pull only — zero FICO impact.
Yes. Working capital or a line of credit covers material costs upfront, so you're not floating tens of thousands in copper and gear on a commercial job while a 60–90 day payment cycle runs. Draw when you buy, repay when the invoice clears — funded in days on a soft-pull review.
Yes. Equipment financing and working capital fund the gear and crew for high-margin EV charging, solar, and battery-backup installs, so you take the work without fronting the chargers and switchgear yourself. Larger lines available when revenue, cash flow, and story qualify.
Recommended Funding
The Products That Fit Electrician Work
Equipment Financing →
Finance service vans, wire pullers, and diagnostic gear — the equipment is the collateral.
Working Capital Loans →
Cover wire, panels, and payroll between commercial draws without draining reserves.
Business Line of Credit →
Draw for materials when they're due, repay when the GC pays the draw.
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