Business funding for painting contractors
Painting contractors buy paint and materials up front, pay crews weekly, and often wait on a homeowner's final payment or a commercial property manager's invoice until well after the job wraps. Margins are thin enough that a slow-paying customer on one job can hold up materials for the next.
- One application, several lenders
- No credit pull to see your options
- No fee to you, ever
Common funding needs
- Buying paint, sprayers and prep materials for a booked job
- Paying crews weekly while a customer invoice is still outstanding
- Financing a sprayer rig or lift equipment
- Bridging the gap on a commercial property management contract
- Covering payroll through a slow winter stretch
- Taking on a larger multi-unit or commercial repaint
What usually fits
Products that usually fit
- Line of credit for materials and crew payroll between jobs.
- Invoice factoring for commercial and property management billing on terms.
- Working capital for a fast, lump-sum need tied to a specific job.
- Equipment financing for sprayer rigs, lifts and trucks.
Compare term loans, lines of credit, cash advances and equipment financing side by side →
Illustrative example
A worked example
A painting company draws $18,000 on a line of credit to buy paint and materials for a multi-unit job, repaying it when the property manager's invoice clears in about 6 weeks. At an illustrative 10–20% a year, that costs roughly $207–$414 for the period.
A $30,000 commercial invoice on 45-day terms factored at an illustrative 87% advance releases about $26,100 within days, with an illustrative 2.5% fee of $750 for the period.
Illustrative example only, not an offer or a quote. Rates, fees and terms are set by each lender and depend on your business. Fees are not included unless stated.
Underwriting
What lenders look at
- Split between residential jobs paid on completion and commercial billing on terms
- How reliably property managers and GCs on your invoices pay
- Monthly deposits and crew payroll timing
- Existing debt and daily debits on the account
- Insurance and any liability claims history
- Owner credit and time in business
Honestly
Who this is not for
- A crew that only does small residential jobs paid on completion: factoring needs a billed invoice to advance against
- Borrowing against a job that is behind schedule and already losing money on labour
- Taking on a large multi-unit contract without the crew capacity to staff it
If borrowing does not make sense, we will say so.
Are you a match?
Lender network minimums
Close but not quite there? Apply anyway and we will tell you honestly what is possible.
*Best available terms from lenders in our network. Every lender sets its own criteria; approval, amount and funding time are decided by the lender and not guaranteed.
| Time in business | 1 year+ |
|---|---|
| Monthly bank deposits | $20,000+ |
| Credit score | 500+ |
| Bank account | Business |
| Fee to you | $0 |
| Credit pull to start | None |
FAQ
Painting funding questions
Can you factor invoices from property management companies?
Yes, for many painting contractors that is the main use case: multi-unit and commercial repaints billed on 30 to 60 day terms.
We mostly do residential jobs paid at completion. What fits us better?
A line of credit for materials and payroll usually fits better, since there is no ongoing invoice to factor against.
Can I finance a new sprayer rig or lift?
Yes, through equipment financing, new or used depending on the lender.
Does a slow winter hurt our chances of approval?
Lenders who see a full year of deposits usually understand a seasonal dip. Bring more than just the slow months when you apply.
Guides
Guides for painting
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Where we work: all US states · all Canadian provinces
See your options
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