INDUSTRY SOLUTIONS
Funding for Electrical Contractors
Wire and gear come off your account first. On commercial build-outs you invoice the GC and wait behind their pay application. On solar, battery, and EV-charger work you finish the job and then wait on a rebate. Monera gives electrical contractors the working capital to sit through all three waits without slowing down the next job.
Soft credit pull, won't affect your score. No obligation.
Funding Amounts
$10,000 – $500,000
Approval Speed
4 – 8 hours
Credit
All credit profiles considered
Use
Wire, gear, payroll & more
THE CHALLENGE
You Finance Every Job Before Anyone Finances You
Demand for electrical work is not the constraint. Cash sequencing is. Materials and labor go out at the start of a job, and the payment shows up somewhere between thirty days and a rebate cycle later. The Federal Reserve's 2025 Small Business Credit Survey found operating expenses to be the most common reason firms sought financing, with more than half of applicants receiving less than they asked for. Four places an electrical contractor's money goes to sit.
Copper is your inventory risk, whether you want it or not
Panels, wire, conduit, gear, and fixtures are all bought at the start of a job, and wire prices move on a commodity market that has nothing to do with your bid. When copper runs up, the same scope of work ties up more cash than the one you priced last quarter, and the supply house is not waiting for your customer to pay before it wants its money.
On commercial build-outs you sit behind the GC's pay application
Tenant improvements and commercial fit-outs put you inside somebody else's billing cycle. You do the rough-in, the GC rolls your number into a monthly pay application, the owner approves it on 30 to 90 day terms, and 5 to 10 percent stays as retainage until the project closes out (federal contracts cap that holdback at 10%). Your electricians were paid weekly the entire time.
Rebate work pays last, and only after the job is finished
Solar, battery storage, and EV-charger installs are often priced around a utility rebate or a tax credit. You buy the equipment, you pay the crew, the customer takes delivery of a working system, and only then does a program administrator begin processing the reimbursement. The margin exists. It just is not in your account, and it can be weeks or months before it is.
The trade needs about 81,000 electricians a year, mostly as replacements
The Bureau of Labor Statistics projects roughly 81,000 openings for electricians a year this decade, much of that replacing people leaving the trade, and the median electrician earned about $62,350 a year (Bureau of Labor Statistics, 2024). In a market like that, a licensed electrician who walks does not get replaced on your schedule. Carrying the crew through a thin month protects the only asset that finishes jobs.
Any one of those waits is survivable on its own. They rarely arrive on their own. A bank answers all three with an SBA file that takes months and usually wants collateral and a personal guarantee behind it. We answer with working capital decided in days, so a wire order, a fit-out, and a rebate that has not cleared can all be in progress at once.
How Electrical Contractors Use Our Funding
Wire, Panels & Gear
Buy the bill of materials for the next job at the price you find today, instead of waiting for the last job to pay out.
Stocked Vans & Fleet
Add a van and keep every truck carrying enough material that a second supply run is never the reason a job slips a day.
Tools, Benders & Lifts
Finance meters, benders, generators, and lifts, the equipment that decides how much work a crew can actually finish in a day.
Commercial Fit-Out Billing
Carry tenant-improvement and build-out work while it moves through the GC's pay application, the owner's terms, and the retainage release.
Rebate & Incentive Jobs
Cover materials and labor on solar, battery, and EV-charger installs while the utility rebate or tax-credit reimbursement is still in process.
Licensed Crews & Growth
Hold on to licensed electricians through a thin stretch, and fund the truck, the apprentice, or the bid that grows the shop.
One Application. We Match You to the Funding That Fits.
Working capital is where most electrical contractors land, because it does not care what the money is for. There is no product to pick before you apply. One form, and we come back with the options on the table.
Working Capital
Open-use cash for a materials order, a payroll run, or a job you have already started paying for. The default for most electrical contractors.
Learn MoreBusiness Line of Credit
Take out what a job costs in materials, repay it when the job collects, then take it out again for the next one. Interest applies to the drawn balance only.
Learn MoreEquipment Financing
Vans, lifts, benders, and generators financed out to 60 months against the equipment itself, which generally makes it an easier approval.
Learn MoreInvoice Factoring
Get paid now on the commercial invoices already sitting in a GC or property-manager queue, instead of waiting out their terms.
Learn MoreBusiness & SBA Loans
Longer-term, fixed-schedule capital for a shop purchase, a fleet order, or a step up in the size of work you take on.
Learn MoreRevenue-Based Financing
Payments that rise and fall with what you take in, so a lighter month is a lighter payment.
Learn MoreWhy Electrical Contractors Choose Us
We fund electrical contractors of every size, from an owner with one van to shops running service, commercial, and renewable crews at the same time. The file we read is a cash-flow file: what the supply house takes at the front of a job, how long the GC cycle runs, and what is still sitting in an unpaid rebate. A month that looks weak on a bank statement often just means the money is somewhere else.
See What You Qualify For- Built for material-heavy, project-billed work
- All credit profiles considered
- Covers wire and gear, lifts, vans, or the crew
- Approval in 4 – 8 hours, not weeks
- Soft credit pull that won't affect your score
- A dedicated contact who understands contractor billing
Simple Requirements to Get Started
The bar is 6 months in business and $10,000 a month in revenue. Most established electrical contractors clear it comfortably.
6+ Months
In Business
$10K+
Monthly Revenue
All Credit
Profiles Welcome
See What You Qualify For
It takes less than 30 seconds. Soft credit pull, won't affect your score.
Electrical Contractor Funding FAQs
What can I use the funding for?
There is no restriction. Electrical contractors use it for wire and gear, van purchases and upfits, tools and lifts, payroll, the wait on commercial billing, and the float on rebate-driven solar and EV work. You apply once, and we come back with the options rather than asking you to choose first.
How much can an electrical business borrow?
Typically $10,000 to $500,000. What decides the number is monthly revenue and how long you have been operating, not one credit score.
Can it cover wire and materials before I get paid?
Yes, and this is the reason electricians come to us most often. The bill of materials on a panel upgrade, a service change, or a commercial run is bought at the front of the job, and copper prices move for reasons that have nothing to do with your quote. Working capital lets you buy at the price you find, rather than at the price your bank balance allows.
Can it bridge solar, battery, or EV-charger jobs while I wait on a rebate?
Yes. On incentive work you have paid for equipment and labor before the utility or the program administrator starts processing the reimbursement, and that can run weeks or months. Working capital covers the finished job so its cash is not holding up the next one.
Can I finance trucks, tools, and equipment?
Yes, out to 60 months, secured by the equipment, which usually makes approval easier than an unsecured request. Vans and upfits, lifts, generators, benders, and meters are all common.
How does funding work when I'm a sub on a commercial build-out?
That is routine here. Your invoice moves through the GC's pay application and the owner's 30 to 90 day terms, with 5 to 10 percent held as retainage until the job closes, while your crew is paid weekly the whole time. Working capital carries that gap, and where the invoices are clean, factoring can advance against them.
Can it cover payroll through a slow stretch?
Yes. Licensed electricians are hard to replace, and the openings the trade is projected to need are mostly replacement hiring, so a crew you let go in a thin month is not a crew you get back on demand. Funding the payroll is usually the cheaper decision.
Do you provide financing for my customers (homeowner financing)?
No. This is funding for your company, not a consumer credit program for the homeowner buying a panel upgrade or a charger. If you already offer customers a payment option through a third party, this sits behind it and covers the materials and labor you front before that money arrives.
Do you fund HVAC, plumbing, and other trades too?
Yes. Home service contractors across the trades, including HVAC, plumbing, roofing, landscaping, and pest control. The home services page has the rest.
Will applying affect my credit score?
No. Checking your options is a soft credit pull, which leaves the score alone, and seeing an offer does not commit you to taking it.
How fast can I get funded?
Usually 4 to 8 hours to an approval, with the money close behind. A bank or SBA request on the same file takes weeks or months and normally wants collateral, which is why speed is the deciding factor for most contractors.
Do I need good credit or a long track record?
All credit profiles are considered. The electrical businesses we fund are typically past 6 months of operating history with monthly revenue of $10,000 or better. Performance is what carries the file, not the score.
Specialized Funding
Other Business Types We Fund
We build dedicated funding guides for specific business types. Explore others below, or see the full Home Services overview.
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