Rates & Terms Snapshot
| Product | Amount | Rate Type | APR / Factor | Term | Funding Speed | Prepayment |
|---|---|---|---|---|---|---|
| Short-Term Working Capital Loan | $25k–$400k | APR | 12%–32% | 6–24 months | 24–72 hours | Discounts after 3 payments |
| Revenue-Based Loan | $20k–$350k | Factor | 1.18–1.36x | 8–15 months | Same day–48 hours | No discount, but renewals |
| Equipment + Working Capital Bundle | $50k–$500k | Blended | 8%–24% | 12–60 months | 3–5 days | Partial prepay allowed |
Numbers represent typical files funded in 2024–2025. Final terms depend on revenue consistency, credit, collateral, and documentation.
What Underwriters Look For
- Time in business: 12+ months preferred, 6+ months possible with strong deposits.
- Monthly deposits: $30k–$250k. Provide your last 3 months of business bank statements.
- Credit score: 580+ on working capital, 620+ for blended or longer terms.
- Industry proof: Active HVAC license, recent invoices, or dispatch screenshots help.
- Existing debt: Daily pulls under 10% of deposits keep approvals smooth.
First-year owners can benchmark documentation expectations in Funding your first year – SBA, microloan or something else?, and acquisition buyers should review the diligence checklist in Buying an HVAC business – how much equity do you need?.
Best Use Cases
- Booking OEM promo inventory before season hits.
- Covering install crews while insurance jobs wait on payment.
- Rolling out a shoulder-season campaign without draining reserves.
- Hiring a dispatcher or CSR to lift close rates.
- Paying off stacked MCAs with a cheaper consolidated loan.
Payment Planning
Use the Jobs-to-Break-Even calculator to confirm how many installs or service agreements you need to cover the cost of capital. Keep total debt service ≤ 12% of trailing three-month gross revenue.
Case Study: Phoenix Growth Loan
3-truck HVAC in Phoenix Funded $180k across a $120k short-term loan + $60k equipment line. Payment averaged $8,900/month for 18 months. Invested in marketing and a ductless install crew, adding $42k monthly gross. Net cash flow after debt service: +$18k per month within 90 days.
FAQ
Is the pre-qualification really a soft pull?
Yes. We use soft credit pulls during pre-qualification so there’s no score impact until you’re ready to fund and consent to a hard pull with a lender.
How fast can we close during peak season?
Files with complete bank statements and IDs often clear within 24–48 hours. Add one day if equipment invoices or landlord verification are required.
Can I refinance existing daily loans?
Yes. If your revenue supports it, we can consolidate two or three MCAs into a single biweekly or monthly payment to free cash flow.
Will there be a personal guarantee?
Almost always. Working capital loans for HVAC shops rely on a business lien and personal guarantee even when collateral is limited.
Do you fund startups?
We can review businesses under 6 months if the owner has strong credit and HVAC experience, but approvals typically require a co-signer or additional collateral.