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Loans for Electricians

Small business Financing

Small business Financing

Get cash to grow your electrical business.
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Equipment financing

Equipment financing

Electrician business loans to purchase new equipment for your business.
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How Select Funding Can Help Electricians

As an electrician, you may be looking for a way to grow your business.
A small business loan from Select Funding can help you expand your services, buy new equipment, or hire more employees.

Expand Your  Electrician business

Expand Your Electrician business

Cover a larger area to serve new markets and grow your business
Upgrade Equipment

Upgrade Equipment

Purchase a new van or upgrade your equipment.
Hire and Train Skilled Staff

Hire and Train Skilled Staff

Small business loans to hire and train new employees for your business.
Pay Everyday Expenses

Pay Everyday Expenses

Pay for your electrician business rent, utilities, and taxes to avoid cash flow issues.

HEAR FROM OUR CUSTOMERS

Needed a loan for my electrical business. Signed up with Select Funding and had the loan funded in less than a week. Tremendous load off my shoulders. Can’t thank the team enough.
Gary F.
Very flexible. We have used you 3-4 times now and each one was done professionally
George H.
Select Funding is very easy to use - their staff is amazing. If this is what your business needs, I would encourage you to give them a shot.
Anthony M.

How it Works

Step 1

Complete your application for funding in a few minutes through our online portal or call (866) 639 0404 to speak to one of our funding advisors.

Step 2

Once we receive your completed application it will be evaluated by our automated technology providing a decision within hours.

Step 3

Funds are deposited into your business account within one business day. Equipment financing loans will be completed in as quickly as three business days.

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BUSINESS FUNDING FOR ELECTRICAL COMPANIES

We are passionate about creating opportunities for small business owners like yourself
because we believe small businesses are the lifeblood of the community.

24 HOUR FUNDING

24 HOUR FUNDING

We make decisions quickly and fund your business within 24 hours.
REVENUE BASED FINANCING

REVENUE BASED FINANCING

We look at your sales not profits
UNSECURED LOANS UP TO $500,000

UNSECURED LOANS UP TO $500,000

Get a loan without leveraging any of your assets to secure funds.
MATCH WITH THE BEST OFFER ACROSS 25 LENDERS

MATCH WITH THE BEST OFFER ACROSS 25 LENDERS

By working with over 25 lenders we can offer the lowest rates.
UPGRADE TECHNOLOGY

UPGRADE TECHNOLOGY

Electrician business financing up to $1,000,000. Buy new equipment or van
EXPAND YOUR BUSINESS

EXPAND YOUR BUSINESS

Open a second clinic in a new area to take care of more people.

Electrician Industry Resources

Learn how to finance your business, improve your costs, or grow your business.

Everything Electrical Business Owners Need to Know About Business Loans

If you're an electrician who's been in business for a while, you may be thinking about expanding your business. Maybe you're considering purchasing new equipment or hiring more employees. Whatever your plans are, it's important to remember that financing is essential for any type of growth. In this blog post, we'll discuss the different types of business loans available and how to apply for them.
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9 Strategies to Grow Your Electrical Business

Whether you're a seasoned pro or just starting out in the electrical business, it's always important to stay ahead of the curve and find new ways to grow your client base and keep your business thriving. In this blog post, we'll share nine strategies that should help you do just that. Keep reading to learn more!
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6 Steps To Enhance Operations For Your Electrical businesses

As an electrician, you know the importance of having a well-run business. Not only does it make your job easier, but it also ensures that your customers are happy and that you're making a profit. In this blog post, we'll give you six tips to help enhance your electrical business operations. Keep reading to learn more!
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FAQ

What credit score do you need for electrician business loans?

As a part of our minimum requirements, it is advised to have a FICO score of 500.

How can I use the funds?

We usually provide loans to help electrician businesses buy equipment or finance other business activities such as payroll or rent.

Are there any minimum requirements for electrician business?

Yes, below are the minimum eligibility requirements:

  • Revenue: $10,000/month in business deposits
  • Time In Business: 6 Months
  • Documents: 3 - Months of Business Bank Statements
  • Minimum FICO Score: 500

How long does the application process take?

The entire application process for electrician business financing takes a few minutes. You can use your device to complete the online application at your convenience. The online application can be found here.

What kind of documentation do I need to provide to get electrician business loans?

We try to keep the paperwork at a minimum for electrical business loans! You need to fill in our secure and quick online application and provide 3 months of business statements as an attachment to the online application.

If my application received lender approval for electrical small business financing, how and when do I get paid?

From application to funding you can receive the cash you need in as little as two days and receive your equipment financing in as little as three days.

How Can I Apply for Electrician business funding?

Step 1: Apply

Complete our online application or contact a loan advisor through (866) 639 0404.

Step 2: Qualify

Once we receive your completed application it will be evaluated by our automated technology providing a decision within hours.

Step 3: Get Funded

Funds are deposited into your business account within one business day. Equipment financing loans will be completed in as quickly as three business days.

Is it hard to get business loans for electrician business loans?

Getting a loan is fast and straightforward with Select Funding. We do not look at your profits but make the financing decision based on your revenue. We require a few documents and a minimal FICO score.

How much income do you need to get business loans for electrical businesses?

You will need a minimum revenue of $10,000/month in business deposits