GC payments run 30 days or more behind your crew's paychecks. Get working capital sized to your deposits and keep every electrician paid on time.
Cover My PayrollElectrical Contractor Payroll
We review your bank deposits, not your tax returns, and size an offer that bridges the gap between payday and progress payments.
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.
5-minute application with about three months of statements. Funding in as little as 24 hours for qualified businesses.
FICO 500+ considered. Your deposit history carries real weight.
The full repayment amount is in your offer before you accept. No surprise costs after you sign.
Your repayment schedule is laid out in the offer up front, so you can plan it around your billing cycle.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
Electrical work runs on skilled labor, and skilled labor expects a paycheck every Friday. Your revenue does not keep that rhythm. Progress billing goes out at the end of the month, the general contractor pays thirty or more days later, and retainage stays held until closeout. Meanwhile you are paying journeymen, apprentices and a foreman on a rough-in that will not be billed for weeks.
Payroll funding for electrical contractors covers that stretch so your crew stays paid and stays with you. In a tight labor market, missing payroll even once can cost you a good electrician.
We review about three months of business bank statements to see how money moves through your company: GC payments, service call revenue, change order payments and any residential or light commercial work. Lumpy deposits are normal in contracting. What we care about is that deposits come in steadily over time.
Funding can arrive in as little as 24 hours for qualified businesses.
If payroll gets tight once, while you wait on a large pay app, working capital for electrical contractors handles it with one deposit. If the gap shows up every month because of how your GCs pay, a business line of credit lets you draw for each payroll and repay as payments land. Shops with heavy service-call card volume may also look at a merchant cash advance.
Funding buys you room; use it to tighten the cycle. Submit pay apps on the first allowable day, track retainage by job, push for mobilization payments on bigger contracts and balance long commercial jobs with quicker-paying service work. Our electrical contractor cash flow guide has more ideas.
Have your recent bank statements ready and know how many payroll cycles you need to cover. Then apply online. It takes about five minutes.
Yes. Bridging payroll while you wait on progress payments or retainage is one of the most common uses for electrical contractors.
Uneven deposits are normal in contracting. Funders look at the overall pattern and steadiness over time, along with existing obligations.
No. We review about three months of business bank statements. No tax returns are required.
Decisions move fast, and funding can arrive in as little as 24 hours for qualified businesses.
Yes. Your offer shows the full repayment amount and repayment schedule before you accept, with no surprise costs after you sign.
Yes. Sole proprietors can apply. We review your business bank statements the same way we would for a larger contractor.
Example uses for illustration only.
A few billing habits make payroll easier to carry.
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding