Business funding for plumbing companies
Plumbing mixes small, fast-paid service calls with bigger repipe and new-construction jobs that bill on terms. Emergency work needs parts and a truck ready to roll any hour, while commercial and builder work often means waiting weeks on an invoice after the job is done.
- One application, several lenders
- No credit pull to see your options
- No fee to you, ever
Common funding needs
- Stocking a truck with fittings, water heaters and common parts
- Covering payroll while a commercial invoice sits unpaid
- Financing a new service van or camera inspection equipment
- Bridging materials costs on a repipe or new-construction job
- Handling a spike in emergency calls during a freeze or storm
- Adding a second truck to cover more service area
What usually fits
Products that usually fit
- Invoice factoring for commercial and builder invoices billed on 30 to 60 day terms.
- Line of credit for truck stock and payroll between jobs.
- Equipment financing for vans, jetters and camera inspection gear.
- Working capital for a fast need tied to a weather-driven spike in calls.
Compare term loans, lines of credit, cash advances and equipment financing side by side →
Illustrative example
A worked example
A plumbing company has $28,000 billed to a builder on 45-day terms. Factoring at an illustrative 88% advance puts about $24,640 in the account within days; at an illustrative 2.5% fee for the period, that is $700, with the remainder paid when the builder settles.
Financing a new service van for $38,000 over 5 years at an illustrative 7–16% a year runs about $752–$924 per month, or $45,147–$55,445 in total.
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 service calls and commercial or builder billing
- How reliably builders and property managers on your invoices pay
- Truck stock, fleet age and any existing vehicle loans
- Licensing and insurance current in your service area
- Monthly deposits, including how much comes from same-day service calls
- Owner credit and time in business
Honestly
Who this is not for
- A company with no commercial receivables to factor: factoring needs an invoice, not a service call already paid in cash or card
- Financing a fleet expansion faster than your call volume actually supports
- Borrowing against a builder invoice that is already past due and disputed
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
Plumbing funding questions
Can you factor a single builder invoice or only ongoing accounts?
Both exist. Some factoring companies prefer an ongoing relationship with a builder or property manager; others will factor a single large invoice. Tell us the situation.
We mostly do residential service calls paid same-day. Does factoring still make sense?
Probably not for the service side; there is no invoice to advance against. A line of credit for parts and payroll usually fits better for residential-heavy plumbers.
Can I finance a jetter or camera inspection unit?
Yes, through equipment financing, new or used depending on the lender.
Do freeze events change what lenders will approve?
Some lenders understand a spike in emergency calls after a freeze and will move faster on a working capital request tied to it. Tell us the timing.
Guides
Guides for plumbing
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Where we work: all US states · all Canadian provinces
See your options
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