Power Your Electrical Business Forward

Invest in service trucks, diagnostic tools, inventory, and crew expansion to handle more jobs and grow your electrical contracting business.

$200 Billion

U.S. Electrical Contracting Market

740,000+

Electricians in the U.S.

11%

Job Growth Projection (10-Year)

$350,000/yr

Avg. Electrical Contractor Revenue

Funding for Electrical Businesses

The electrical contracting industry in the United States is a $200 billion market that serves residential, commercial, and industrial sectors. With the nationwide push toward energy efficiency, solar installation, EV charging infrastructure, and smart home technology, demand for skilled electrical contractors has never been stronger. The Bureau of Labor Statistics projects electrician employment to grow 11% over the next decade — significantly faster than the average for all occupations. Electrical contractors face capital needs that span equipment, vehicles, materials, and labor. A fully equipped service van costs $40,000 to $80,000 when you factor in the vehicle, ladder racks, conduit storage, tool cabinets, and diagnostic equipment. High-quality meters, oscilloscopes, thermal cameras, and cable testers represent additional investment. Materials inventory — wire, panels, breakers, outlets, and specialty components — requires working capital to keep stock levels adequate for active jobs. Like other trades, electrical contractors deal with the cash flow timing mismatch inherent in project-based work. You purchase materials and pay crew wages before receiving full payment from clients. For larger commercial and industrial projects, this gap can extend 60 to 90 days. Bonding requirements for government and institutional work add another financial layer. Brevo Capital connects electrical contractors with lenders who understand the trades and can provide equipment financing, working capital lines, and term loans structured around the realities of contracting cash flow.

Common Uses of Funding

Purchase or outfit service vans and trucks
Buy diagnostic tools, meters, and specialty equipment
Stock electrical materials and component inventory
Cover crew payroll between project payments
Fund licensing, bonding, and continuing education
Expand into solar, EV charging, or smart home services

Qualification Checklist

  • At least 6 months in business
  • Minimum $10,000 in monthly revenue
  • Valid electrical contractor license
  • General liability insurance
  • Active client base or project pipeline
  • Business bank account with regular deposits
I had the chance to take on three solar installation contracts but needed a second service van and $20,000 in panels and inverters. Brevo Capital got me $52,000 in combined equipment and inventory financing in under a week. Solar is now 40% of my business.
Kevin BrightWire Electrical Services, Sacramento, CA

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