Funding for your situation
The real cost of adding a roofing crew, what funders look at, and a worked example using illustrative figures.
✓ Checking what you qualify for does not affect your credit score.
A new roofing crew is easier to justify than a new location, and easier to underfund. After a storm, the leads outnumber the crews, and materials must be bought before the first draw clears. The purchase, the people and the first weeks of ramp-up all land at once.
Merchant Fund Express is a funding marketplace: you apply once, and the file is matched to the structure that fits it. The sections below show what this situation usually costs, how a funder reads it, and what to prepare.
Storm season and summer carry volume; winter can be slow. For a roofing company, that rhythm decides when a funding request reads best and how it should be repaid.
What it looks like on the ground: the dump trailer broke and every tear-off day is slower.
Compliance touchpoints for a roofing company often include contractor license and insurance and bonding, which can come up when the request involves a new site, a purchase or a significant change.
A roofing company file is read through job pipeline and deposit-to-final timing, insurance-claim payments versus direct pay and equipment and vehicle financing already open.
| Cost item | Illustrative amount |
|---|---|
| Truck and trailer | $38,000 |
| Ladders, tear-off and safety gear | $9,000 |
| Insurance and bonding | $7,000 |
| Crew payroll and materials float for the first jobs | $15,000 |
| Cushion for overruns and slow early weeks (about 10%) | $7,000 |
| Funding need for one more roofing crew | $76,000 |
Sizing check. If the full repayment shown in an offer were $99,000 over about 26 weeks, the weekly debit would be about $3,808. Against illustrative monthly deposits of $120,000 (about $27,692 a week), that is roughly 14% of weekly deposits. Your own offer states the real repayment amount in dollars; run your numbers on the factor rate calculator before you accept anything.
Source: worksheet by Merchant Fund Express. Illustrative only: these figures are not an offer, and real amounts depend on your file and the funder.
A fixed purchase with a quote you can put in front of a funder.
A real cost of the move that is easy to leave out of the first estimate.
Often front-loaded and easy to leave out of the first estimate.
People are paid on a schedule that does not wait for new revenue to ramp.
These are the same factors described on revenue and deposit requirements and time in business. Merchant Fund Express walks you through how your own file reads before you apply.
A complete file is what makes a same-day decision possible. If something is missing, tell us and we will work around it.
Merchant Fund Express gives a same-day decision on a complete file, and funding is typically the next business day after signing. The quote or bill of sale for the roofing crew is the document that usually moves things along.
It can be either. If the purchase is a single asset with a quote, equipment financing may fit; if you also need payroll and supplies for the ramp-up, working capital covers the whole package.
Often yes. A used purchase can shorten the payback, and a quote or invoice from the seller is what the file needs.
The minimum FICO is 500, and better credit means better products and terms. See credit score requirements for how the tiers work.
Merchant Fund Express gives a same-day decision on a complete file. Applying takes a few minutes and will not affect your credit score.
