Electrical capital
that bridges the next draw.

Electrical contracting is a two-economy business. On one side is the residential service book — panel upgrades, EV-charger installs, generator hookups, lighting retrofits, and the steady drumbeat of trouble calls that collect inside a week. On the other is the commercial book — tenant build-outs, hotel rough-ins, data-center power, multifamily, and industrial work where mobilization happens in week one and the first AIA draw doesn't clear until day 45 or 60. The capital problem inside an electrical company is almost always about financing that gap without crippling the daily ops.

Banks weren't built for this. They want flat monthly revenue, two years of tax returns, and want you to put 20 percent down on a $180K bucket truck. SBA loans take 45 to 90 days to close — long after the GC has expected you wire-pulled on a tight schedule. Even traditional asset-based lenders, who in theory understand commercial AR, take weeks to validate the receivable. Goliath was built for electrical operators whose windows are measured in supplier net-30 terms and draw-cycle calendars, not in quarters.

What we fund inside an electrical business

Panel and gear inventory ahead of a commercial job — switchgear, panelboards, transformers, MCBs from distributors like Eaton, Square D, Siemens, and ABB. Wire and conduit floats sized to the next mobilization. EV charger installation expansion: distributor inventory with ChargePoint, ClipperCreek, Wallbox, Tesla; the load-calculation software; the technician certification cost. Generator installation programs — Generac, Kohler, Cummins — including the distributor deposits and the warehouse storage. Solar and storage expansion with Enphase, SolarEdge, and Tesla Powerwall inventory. Service-van additions and the upfit cost. Apprentice and journeyman hiring through the ramp window. AR bridge funding for commercial draws on AIA G702/G703 schedules. Marketing campaigns to load the EV or solar service line.

What we don't ask for

We don't run hard credit pulls to quote. We don't ask for two years of tax returns. We don't require collateral on positions under $250K. We don't demand WIP schedules from your project accounting system. We underwrite from bank statements, time in business, supplier ACH patterns, and the texture of how the operation runs — the variables that actually predict whether an electrical contractor pays back the capital it borrowed.

Electrical underwriting at a generic lender penalizes exactly the line items that signal a healthy contractor. Heavy supplier ACH outflows to Graybar, Rexel, CED, Border States, or Wesco. Payroll runs that swing with job stage. Deposit lifts that arrive in 30-to-60 day clusters as commercial draws release. Our underwriters know the difference. They look at the supplier-relationship signatures — consistency of monthly outflows, vendor diversity, and the ratio of supplier outflows to deposits as one of the strongest predictors of repayment behavior. They also look at the size and concentration of incoming wires and ACH credits, which on a commercial-heavy book tells the draw-cycle story clearly.

We calibrate to your commercial-residential mix. A 90-percent residential service shop collecting same-day on cards and ACH gets fast, flexible daily working capital. A commercial electrical contractor with $400K of AR outstanding at any time gets bridge funding sized to specific receivables and paid back from the draw. Operators running both books get a blended structure: a daily working capital position that absorbs ops cost and a separate bridge that funds the next commercial mobilization. IBEW signatory shops fit the same structures — the pension and benefit contributions on statements actually strengthen the file rather than complicate it.

Electrical segments we fund every week

Independent residential service electricians from $500K to $10M annual revenue. Commercial electrical contractors handling tenant build-outs, hotels, multifamily, and office. Industrial electrical specialists on data-center, manufacturing, and warehouse work. Solar and storage installers handling residential and small-commercial projects. EV charger installation specialists building out fleet, multifamily, and retail charging. Generator installation contractors with full distributor partnerships. Low-voltage and structured-cabling specialists. Multi-trade contractors running electrical alongside HVAC or plumbing. Franchise electrical service operations.

Common electrical funding scenarios

A GC awards you the electrical scope on a 200-unit multifamily and wants you mobilized in fourteen days against a draw 60 days out. We fund the gear deposit, the conduit and wire load-out, and two weeks of payroll while the first draw works through. A residential service shop wants to launch an EV charger service line and needs $40K of ChargePoint inventory plus certification cost for four technicians. We fund it in a single position; the new service line is live in three weeks. A panel-upgrade promotion lands the shop 30 simultaneous panel-swap appointments inside a week and your distributor wants paid net-15 on the inventory. We wire the supplier inside 48 hours so the work proceeds. A solar inverter manufacturer offers a 14-percent rebate on an inventory commitment but requires a single PO. We fund the arbitrage; the daily debit pays itself from the pricing capture.

The pattern is consistent. Electrical opportunity arrives at the speed of the GC's call sheet, not at the speed of a bank committee. The cost of waiting is bigger than the cost of capital. The electrical contractors who scale through the next decade are the ones whose capital arrives before the wire spool does.