Plumbing and HVAC contractors / Term loan
For a plumbing or HVAC contractor with a project to fund, here is how the 15% cap works on real numbers and when something else fits better.
✓ 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.
Not every need is a cash-flow gap. For a plumbing or HVAC contractor, a defined project like a fleet of service vans, a seasonal inventory buy or a showroom and warehouse upgrade often fits a term loan better than an open-ended line.
Plumbing and HVAC contractors reach for a term loan when a defined investment will pay for itself in one or two seasons: a fleet of service vans, a second install crew with tools and a truck, or a showroom and warehouse that lets them stock parts instead of waiting on distributors.
Published terms in one line: $10,000 to $250,000, 12 to 18 months, 0% origination, weekly payments, a 50% discount on remaining interest for a full early payoff, first position only and a cap of 15% of annual revenue; your offer shows the exact amount, term and total cost before you sign. See the business term loan page.
The 15% cap is the number to run first. Take a plumbing or HVAC contractor with roughly $100,000 in monthly revenue, which is $1,200,000 a year:
| Step | Illustration |
|---|---|
| Annual revenue (illustrative) | $1,200,000 |
| 15% cap on the loan amount | $180,000 |
| A request of | $60,000 |
| Fits under the cap? | Yes |
| Principal alone over 52 weeks | $1,154 a week (interest and the 12 to 18-month schedule are in your offer) |
Arithmetic on published terms, not an offer. If your request is larger than the cap, a line of credit or a smaller first loan may fit better.
If you already carry a daily-debit advance, see refinancing an existing advance; a term loan has to be in first position.
Yes. A shop billing about $100,000 a month can size a loan up to about $180,000 under the 15% cap, which comfortably fits a two-van addition. Merchant Fund Express shows the exact amount, schedule and total cost in your offer before you sign.
Weekly. A weekly payment leaves most of each week’s deposits in the account instead of debiting every morning.
A full early payoff earns a 50% discount on the remaining interest.
Apply with Merchant Fund Express: same-day decision, and applying takes a few minutes without affecting your credit score.
