Fast, Flexible Financing for Contractors
Universal Advancement now offers specialized contractor financing programs designed to support growing trades businesses across the United States. If you're in HVAC, plumbing, or electrical services, you can access up to $250,000 in a business line of credit—built for speed, flexibility, and real-world contractor needs.
With decades of lending experience, we understand the urgency behind payroll, materials, equipment, and expansion opportunities. Our streamlined process helps qualified contractors secure funding quickly—often within just a few business days after approval.
Approved Contractor Industries
We are currently approving financing for the following industries:
◉ HVAC Companies
◉ Plumbing Companies
◉ Electrical Contractors
These industries qualify for expanded underwriting flexibility, including:
◉ Home-based businesses accepted
◉ 1099 employees allowed (for these industries only)
Contractor Financing Requirements
To qualify for our contractor financing programs, applicants must meet the following criteria:
◉ Minimum 651 credit score
◉ At least 3 years in business
◉ Homeownership required
◉ Business must be registered with an EIN
◉ Minimum $300,000 in annual revenue
◉ Most recent business federal tax return required
A site visit may be required as part of the approval process.
Fast Funding Timeline
We prioritize speed and efficiency so you can focus on running your business. Once approved and documents are submitted, funding is typically completed within:
◉ 3–4 business days
This quick turnaround makes our contractor financing programs ideal for time-sensitive projects and growth opportunities.
Required Documentation
To begin underwriting review, please prepare the following:
◉ Last 6 months of business bank statements
◉ Most recent federal business tax return (all schedules)
◉ Proof of liability insurance and workers’ compensation insurance
◉ Business name and address
◉ Owner(s) name, phone number, and company website
◉ Valid
government-issued ID for all loan signers/guarantors
Expanded Business Financing Options
In addition to contractor financing, we now support a broader range of wholesale and manufacturing businesses. Most industries are eligible, with the exception of:
◉ Marijuana-related businesses
◉ Oil & gas companies
◉ Firearms and ammunition businesses
Apply for Contractor Financing Today
If you're ready to scale your business with reliable funding, our contractor financing programs are built to help you move forward with confidence.
