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Loans for Electricians
Equipment financing
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
Upgrade Equipment
Hire and Train Skilled Staff
Pay Everyday Expenses
HEAR FROM OUR CUSTOMERS
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.

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
REVENUE BASED FINANCING
UNSECURED LOANS UP TO $500,000
MATCH WITH THE BEST OFFER ACROSS 25 LENDERS
UPGRADE TECHNOLOGY
EXPAND YOUR BUSINESS
Electrician Industry Resources
Learn how to finance your business, improve your costs, or grow your business.


9 Strategies to Grow Your Electrical Business

6 Steps To Enhance Operations For Your Electrical businesses
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