Industry
Progress billing at 30-60 days with materials and licensed labour paid up front.
✓ Checking what you qualify for does not affect your credit score.
Electrical contractors in Las Vegas are classified under Electrical Contractors, an eligible category. Industry is therefore not the question; the four things every file is read on are. Commercial and specialty trade work is eligible; new residential construction is restricted.
Progress billing at 30-60 days with materials and licensed labour paid up front.
In Las Vegas that usually means capital goes to materials for a signed job, vans, tooling, apprentices, bonding support.
Las Vegas runs on hospitality, conventions and an economy that moves with visitor volume.
Nevada funds normally on every tier.
Nevada has a short winter, which shortens the trough for electrical contractors in Las Vegas without removing it.
State electrical licensing applies.
Tier 1: 650 FICO, 3 years in business, $300,000 a year or $25,000 a month, 8+ monthly deposits.
Tier 2: 600 FICO, 6 months in business, $60,000 revenue, $800 minimum daily balance.
Renewal: 550 FICO, 2 years in business, once 50% of the original balance is repaid.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Yes. Commercial and specialty trade work is eligible; new residential construction is restricted.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Same-day decision and next business day funding on a complete file.
Commercial steady, residential seasonal. Underwriting reads the average and the deposit count, not the peak month.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
