Capital for electrical contractors and electricians. Finance service vans, commercial job materials, bonding requirements, and crew expansion without waiting on drawn-out bank loan timelines.
Electrical contractors face a common challenge: commercial and industrial jobs require purchasing materials — wire, panel boards, conduit, fixtures — weeks before the draw request is approved and payment arrives. For service contractors, emergency calls require a fully stocked van and the ability to source specialty parts immediately. The gap between materials outlay and payment receipt creates the working capital need our programs address.
The electrical trades market is strong: commercial construction continues to drive demand for licensed electricians, EV charging infrastructure installation is creating entirely new revenue streams, and the solar integration market requires electrical subcontractors for every installation. Contractors positioned to take on commercial work and new technology categories need capital to invest ahead of the revenue.