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Funding for the skilled trades — trucks, tools, inventory, and payroll between completed jobs and paid invoices.
HVAC, plumbing, and electrical contractors can access $5,000 to $10 million in revenue-based funding — no collateral, a soft credit pull only, and a decision within 24 business hours. Service trades run capital-heavy: every truck is a rolling warehouse of parts, every new tech needs tools and a vehicle before they generate a dollar, and commercial work pays net-30 or slower while payroll runs weekly. Growth in the trades is almost always a capital problem before it's a demand problem — the calls are there; the capacity isn't.
We fund HVAC, plumbing, electrical, and combined mechanical contractors at $5,000–$10 million, qualified on 4+ months in business and $10,000+ in monthly revenue. Progress payments and lumpy commercial deposits read as normal trade cash flow, not red flags.
The trade's cash cycle runs at two speeds in one account, and the mix is what an underwriter is really reading. Residential service is paid within days, by card or by check, and lands as a steady run of deposits from a lot of customers, which reads as durable business. Commercial and new-construction work lands as a few large payments, once a pay application has cleared somebody else's approval chain. The steady side is what shows the account can absorb a remittance; the commercial side explains how a company with a full schedule is still short in the week that payroll and truck stock come due together.
Service trades typically see 80%–150% of monthly revenue, within $5,000 to $10 million. A contractor doing $55,000 a month generally lands in the $44,000–$82,500 band. Steady service revenue tends to support the upper half of that band more readily than purely project-based work.
No — HVAC especially is expected to spike summer and winter, and a strong season on file helps rather than hurts. The $10,000 monthly minimum is read as an average across four months of statements, so the quieter months between spikes do not stop you qualifying. What a deep dip can change is size: when the weakest month in the four-month window falls far below the window's average, the remittance is sized to that month rather than to the average. Last year's statements for the same four months are what let the average stand.
Yes. We arrange equipment financing through a direct lending partner; what we fund in house is working capital, which can pay for equipment too. The vehicle itself may suit a partner’s equipment financing off a dealer quote, and the tools, stock and wrap fit working capital — talked through in one conversation.
That’s one of the most common trade uses: mobilization costs and payroll fronted against a signed contract with slow payment terms. Bring the contract — it strengthens the file.
That mismatch — weekly payroll against net-30 commercial terms — is the main reason trades borrow, and it's a clean underwriting story. Invoice factoring is also worth pricing against it. Purchase order financing and invoice factoring are available through our direct lending partners, arranged only after we have talked through the options with you and only if you choose to.
Yes. Seasonal inventory with a known sell-through is one of the more straightforward uses, and the return is easy to explain.
Not as collateral and not as revenue. Revenue-based underwriting reads deposits across four months of business bank statements, so truck stock appears only as money that left the account, which is part of why service trades look tighter on paper than they are. Where it counts is in the conversation: stocking trucks and a shop is a recurring cost with a known sell-through, and saying that is what the money is for gives the file a use with a traceable return rather than an open-ended shortfall. If the purchase is a vehicle or a big-ticket tool instead, equipment financing is worth weighing: we arrange it through a direct lending partner.
Funding here is sized against your deposits rather than against a particular invoice, and we take no assignment of lien or bond rights, so your remedies on a job remain yours to pursue. That is a real structural difference from factoring, where the specific invoice is sold and the lien right usually travels with it. On deals up to $2 million we also file no UCC-1 lien against the business and our agreements carry no confession of judgment, so such a working capital advance leaves nothing on record for a general contractor or a bonding agent to turn up in a credit review. No collateral is required on anything we fund in house. Lien and bond-claim deadlines are statutory and unforgiving, so treat them as a matter for your own counsel rather than something a funder tracks on your behalf.