Merchant Fund Express
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Expansion Funding for Electrical Contractors

Add a crew, a van or a new service line without starving the jobs you already have. $25,000 to $5,000,000, 5-minute application.

See My Offer

Electrical Contractor Growth

Take on more work without stretching the shop too thin

The jobs are there. What's missing is cash to stand up another crew. We help electrical contractors fund growth based on the deposits they already bring in.

As fast as
24 hours

Amount to request

$85,000.00

Funding range$25K to $5M

*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.

Expansion funding that respects your time

Short application

Five minutes online and about three months of bank statements. No tax returns or projections.

Room for imperfect credit

FICO from 500 is considered. We focus heavily on how the business is performing now.

No guesswork on cost

The full repayment amount is in your offer before you accept, with no surprise costs after signing.

Schedule set in advance

Your repayment schedule is spelled out in the offer, so you can plan around the new crew's ramp-up.

Ready to see your numbers?

Fast decisions. Applying takes about 5 minutes.

Apply Now

How it works

Apply in minutes

A short application. A soft credit pull to start.

Fast decision

We review revenue, time in business and bank activity, not just a credit score.

Review your offer

You see the amount, the schedule and the full repayment amount before you sign.

Get funded

Funding in as little as 24 hours for qualified businesses.

Growth costs money before it makes money

Adding a second crew means another van, another set of tools, a foreman's wages and the material to keep them busy, all before the first invoice from that crew clears. Adding a new line of work, like EV charger installs, generators or low-voltage, means training and inventory too. Expansion funding for electrical contractors covers that build-out period so the existing operation does not carry the whole load.

Common expansion moves we fund

New crews and vehicles

Upfit vans, ladders, benders, testers and a starter material kit. For the vehicles themselves, equipment financing can keep the purchase separate from your operating cash.

New service lines

Generator installs, EV chargers, solar tie-ins, fire alarm and data cabling each need their own stock and certifications for the crew.

A new shop or territory

Rent, deposits, signage and the marketing push that gets the phone ringing in a new area.

Plan the expansion around your deposits

The amount we can offer depends mainly on your current deposits and any existing obligations. That is a useful reality check: if the new crew will take a few months to pay for itself, size the funding so the current business can comfortably handle repayment in the meantime. A business line of credit works well when you want to draw in stages as each piece of the expansion comes online.

Questions to answer before you grow

Before taking on expansion funding, run a few numbers. How many weeks of work does the new crew have lined up? What will it cost to keep them busy if a job slips? Can the current business cover repayment if the new piece takes longer than planned to pay off? Contractors who answer those questions honestly tend to choose a more sensible amount and sleep better.

It also helps to know where your existing cash goes. If you are already stretched at certain times of year, our cash flow guide for electrical contractors can help you time the expansion so the new crew starts when work is strongest, not heading into a slow stretch.

How to get started

  1. Fill out the 5-minute application.
  2. Share about three months of business bank statements.
  3. Review an offer that shows the full repayment amount and schedule.

We start with a soft credit pull, consider FICO scores from 500 and do not ask for tax returns. Apply here.

Frequently Asked Questions

Can I fund a new van and a crew's wages with the same funding?

Yes. Working capital can cover several costs at once. Some contractors finance the vehicle separately with equipment financing and use working capital for payroll and material.

Do I need a business plan for expansion funding?

No formal business plan is required. We review your bank statements to see how the current business is performing.

How quickly can expansion funding arrive?

Qualified businesses can be funded in as little as 24 hours after approval and acceptance of the offer.

What range of funding is available?

From $25,000 up to $5,000,000, depending mainly on deposits and existing obligations.

I'm a sole proprietor hiring my first employee. Can I apply?

Yes. Sole proprietors can apply, and hiring a first helper is a common reason electricians reach out.

Second crew van $58,000.00
Foreman payroll $36,000.00
EV charger stock $27,500.00
New shop deposit $19,000.00

Example uses for illustration only.

How to improve your chances

Before you expand, a few steps help the new piece pay for itself sooner.

  • Line up the first jobs for the new crew in advance
  • Price new service lines with full labor and material
  • Keep business and personal deposits separate
  • Fund in stages instead of all at once when possible

Growth funding: MFE vs. traditional bank loans

Merchant Fund Express
Traditional bank loans
Paperwork
Bank statements, no tax returns
Tax returns, plans, financials
Time to fund
As little as 24 hours if qualified
Weeks to months
Credit considered
FICO 500+
Usually stronger credit
First credit check
Soft pull
Hard pull common
Sole proprietors
Can apply
Often harder to approve

Ready to add the next crew?

One secure application. A soft credit pull to start. No obligation to accept an offer.

Apply for Funding
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