Panels, inverters, insulation and crews are bought before the customer pays in full. Working capital helps installers carry materials and payroll through long project timelines.
Apply Now →A solar or energy-efficiency installer front-loads cost. Panels, racking, inverters, wiring, insulation, heat pumps or air-sealing materials are purchased and delivered before the job closes. Crews are paid weekly, and permits, engineering work and inspection fees sit in the budget as well.
Customers pay in stages or at completion. Some pay through their own financing, which can add days or weeks before the installer sees the final payment. A company may finish an installation and then wait for the inspection and utility steps before the last invoice is settled.
Residential jobs are smaller and numerous, requiring many permits and many customer touchpoints. Commercial and multifamily jobs involve larger equipment orders and milestone billing, where an installer might purchase tens of thousands of dollars of materials before the first progress payment.
For illustration only: a contractor that wins a mid-sized commercial rooftop job might need $60,000 in equipment and two crews working for weeks before the first milestone is paid. If cash is tight, the contractor either turns down the job or stretches suppliers, which can damage pricing and relationships.
Energy-efficiency work, including insulation, air sealing and heat-pump installs, has seasonal rhythm of its own. Demand often rises before winter as owners think about heating bills, then softens. Hiring ahead of that surge means paying trained installers during the weeks before the work arrives. Vehicles, tools, safety equipment and licensing fees add to the early cost.
Working capital is one way to fund the buildup, with the new projects expected to pay it back. The question to answer first is how many signed or near-signed jobs the extra crew will have in the first 60 days.
Installers who offer customers financing options often receive payment on the lender's schedule, which can be days or weeks after the work is finished. Customers who pay by check may delay it until the inspection signs off. Installers should know, job by job, which milestone triggers each payment and what it takes to get there. A permit that stalls, or a missing document at the utility, can hold up thousands of dollars on an already finished job. Knowing that path in advance tells you how much cushion to carry.
The application takes about five minutes with a soft credit pull. We review about three months of business bank statements and no tax returns are required. FICO 500 and above is considered. Funding runs from $25,000 to $5,000,000 and can arrive in as little as 24 hours after approval. Sole proprietors and independent installers can apply.
Equipment, crews and permits are paid up front while customers pay in stages or at completion, and financing or inspections can add delay.
Yes. Small companies and sole proprietors can apply. We review about three months of business bank statements.
Equipment orders, payroll, vehicles, permits, tools and training. Funding runs from $25,000 to $5,000,000.
Count the signed or near-signed jobs the new crew would have in the first 60 days. If the pipeline does not cover the payroll, wait.
No. The application uses a soft credit pull. FICO 500 and above is considered.
Three months of business bank statements and a 5-minute application. FICO 500+ considered. $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →It takes about two minutes and it will not affect your credit score.
No obligation • No impact to your credit score
