Plumbing Equipment Financing

Alternative Financing Programs for the Plumbing Industry

Whether you are a starting a new plumbing business or if you’re a seasoned business, First Capital Business Finance offers a wide variety of financing programs for the plumbing industry. We understand there is a need for alternative financing to the business owners that might not be eligible for traditional bank programs.

If you went to your bank to fund your business

Typically banks will require good credit from both the principals of the business along with good business credit. Be prepared to have your personal and business tax returns for the last 2 to 3 years. Yes, most banks will not work with businesses that have been in business less than 2 to 3 years. Not only will you need to produce the tax returns, but they need to be profitable tax returns. So if you’re like a lot of other businesses out there, your business returns might not reflect huge profits. If that’s the case, there’s a good chance you won’t be eligible for financing from your bank. These are just to name a few requirements, but banks have their own internal guidelines that might have more layers and stipulations that can make getting financing through them even more difficult.

What we can do for your growing plumbing business

If you have already tried to obtain financing through your bank, and you’re looking for other solutions we have the answer! First Capital Business Finance offers:

  • Working Capital Loans: 6 months time in business, bad credit ok, no tax returns needed
  • Equipment Financing: Start-ups ok, bad credit ok, no tax returns needed
  • Accounts Receivable Financing: 3 months in business, will finance up to 90% of AR

 

Examples of other equipment we have financed for the plumbing industry:

  • Trailer Mounted Hydro Sewer Jetters
  • Robotic Total Stations
  • Ground Penetrating Radars
  • Maintenance Trucks/Box Trucks/Service Trucks
  • T-Drill Units & Trimble Units
  • Leak Detection Units
  • Backhoes & Skid Steers
  • Generators, Air Compressors & Welding Machines
  • Roto Hammers & Jack Hammers
  • Pipe Threader Machine & Pipe Grooving Machines
  • Electrofusion Machines