Working Capital for Electrical Contractors
Electrical contractors take on jobs that range from small service calls to multi-week commercial wiring projects, often fronting material costs long before the customer or general contractor pays. Paz Working Capital helps electrical contracting businesses cover materials, licensing, and crew payroll without waiting on invoices.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so electrical contractors never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Commercial and industrial electrical jobs are commonly billed on net-30 or net-60 terms even after the work passes inspection.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Wire, panels, conduit, and fixtures often must be purchased upfront, tying up cash before a job even starts.
One approval, draw what you need, and return for additional funding as your electrical contractors business performs. Licensing renewals, insurance premiums, and continuing education requirements add recurring costs that compete with day-to-day job expenses.
Buy wire, panels, and fixtures upfront without waiting on customer payment
Cover payroll and overhead while net-30 or net-60 commercial invoices are outstanding
Fund license renewals, insurance premiums, and required certifications
Yes. Funding is based on your overall business revenue history, so you can use it to purchase wire, panels, and fixtures before you invoice the customer or general contractor.
No. Qualification looks at your overall monthly revenue and time in business, not how quickly individual commercial clients pay their invoices.
Yes, funds can be used across any part of your electrical contracting business, from small residential service calls to larger commercial wiring projects.
Paz funds electrical contractors from $2,500 to $5,000,000. Most electrical contractors qualify for $20,000 - $200,000, based on monthly revenue and time in business rather than collateral.
A US business that has operated for at least six months with $10,000 or more in monthly revenue, your last three months of bank statements and your EIN. The application takes about five minutes, and there is no hard credit pull to get pre-qualified.
Electrical Contractors funding, approved in as little as 24 hours