Plumbing and HVAC contractors / Refinance
First and second position funding, buyouts of balances up to $100,000, and what the daily-to-weekly change does to your cash flow.
✓ Checking what you qualify for does not affect your credit score.
At Merchant Fund Express, we publish the terms and thresholds behind this page so you can check your own numbers before you apply.
In a hot summer a contractor takes an advance to stock inventory ahead of installs; then the weather turns mild and the stock sits. A second advance covers payroll until the next surge, and the daily debits now run through the shoulder season.
In plain terms: a high-season advance taken for inventory that did not clear before the mild months.
First and second position are both funded. Existing positions with a balance of $100,000 or less can be bought out into a weekly-payment term loan or a line of credit, and a line of credit up to $350,000 can sit in second position behind an existing advance. Up to two current positions fit the written guidelines, and some agreements restrict new financing, so read yours first. See MCA refinance and second position funding.
An illustration, not an offer. Say a plumbing or HVAC contractor with about $100,000 in monthly revenue has a remaining advance balance of $48,000, being collected over about 60 business days:
| Item | Illustration |
|---|---|
| Daily debit (60 business days) | $800 |
| Debited in a 21-day month | $16,800 (17% of monthly revenue) |
| The same balance as a weekly payment over about 9 weeks | $5,333 |
| Terms of a new schedule | Set in your offer; a lower payment over a longer term is the goal |
Use the payoff calculator with your own balance.
Often. Contractors with steady service-call deposits and no more than two positions fit the written guidelines. The shoulder-season month sets how much is comfortable. Merchant Fund Express shows the exact amount, schedule and total cost in your offer before you sign.
Where your file and your agreement allow it, balances of $100,000 or less can be bought out into a weekly-payment term loan or line of credit.
Second position is a new agreement behind the existing one, so you make both payments. A renewal is more funding from the funder you already have, with one payment.
Apply with Merchant Fund Express: same-day decision, and applying takes a few minutes without affecting your credit score.
