What type of loan is right for your specialty contractor business?
Borrowing money is a big step. Evaluating your goals and specific needs can help you decide if a loan or line of credit is right for your business.
Business banking solutions for specialty contractors
We work with specialty service contractors to provide financial solutions.
Whether you need to accept customer payments or obtain a loan to fund your business, we work with service contractors like you, such as HVAC, plumbing, construction, electrical, landscaping, and restoration businesses.
Financial solutions that help you run your specialty contractor business
To keep cash flow coming in reliably and affordably, it is essential to have a trustworthy end to end payment processing service such as U.S. Bank Payment Solutions.
Accept customer and client payments with ease.
- Easily create invoices and manage your finances in one place.
- U.S. Bank Payment Solutions allows your business to accept credit and debit card payments at the homeowner’s location, in the field or from the office.
- Streamline you contractor business with point of sale solutions customized for your needs.
- Access funds within hours of batch settlement with Everyday Funding.1
Cash flow solutions for specialty contractors
- Get projections using our Cash Flow Forecast tool to better grow your business better.
- Apply for a U.S. Bank credit card to gas up your fleet and vehicles.
- Use our reporting and analysis tools to ensure you have the funds to keep your specialty contractor business running smoothly.
Streamline payroll with convenient tools.
- U.S. Bank payroll services provides digital and mobile app tools including Roll by ADP® – a payroll mobile app to pay your employees in minutes.
- Save time and money over paper paychecks with electronic payroll.
Service contractor business loan options
- Purchase new equipment, a second vehicle or updated computer equipment with business equipment financing.
- Tap into government-backed loans for up to $12.375 million2 through the Small Business Administration (SBA).
- Build your own facility or receive working capital. Learn which loan is right for your business.
Tips and insights to power your specialty contractor business.
Gain expert advice, tips and strategies to help you get ahead.
Eight ways small businesses can manage their cash flow
Knowing how much cash is coming in and going out and accurately forecasting sales and expenses is vital to maintaining your company’s health. Here are the top things to remember when managing your cash flow.
What you need to apply for an SBA loan
There are different types of Small Business Administration loans, each with having their own set of requirements. Find out how you can apply for an SBA loan.
Take advantage of our Diversity Lending Program
U.S. Bank is committed to supporting minority-, woman-, and veteran-owned businesses in reaching their goals with access to business funding, support, and financial resources. Find out if you qualify for a business loan or line of credit through the U.S. Bank Business Diversity Lending Program.
Business Banking on your own time and on your terms.
From business checking to payment solutions, U.S. Bank Business Essentials® offers products, resources and services to help small businesses thrive, all in one place.
Pay & receive
Keep your operations running smoothly with business banking options to help manage your cash flow. Receive instant mobile payments at the job site.
Manage & run
Manage cash flow swings with a clear snapshot of your finances in one place.
Plan & progress
Take your specialty contractor services to the next level with expert advice, lending solutions and staff management tools designed for growth.
Frequently asked questions
Customers expect the ability to pay in any environment – online, in person, by phone, inapp or by mobile wallet. U.S. Bank Payment Solutions allows your business to accept payments from wherever your customers are. We provide a card reader with our mobile app so merchants can accept smartphone payments.
We’ll work one on one with you to find a credit option that fits best for you and your business. Repayment terms and interest rates can vary depending on your business qualifications and the duration of time the equipment you buy is projected to retain value. We offer up to $1,000,000. You can finance up to 125% with soft costs and you are able to finance multiple pieces of equipment on one contract. Learn more.
Three things to consider are:
- User-friendly technology that allows for an easy application process
- Timely customer service to reach out to a banker when questions arise
- A trusted financial partner
Make sure to compare options before you decide.
Undecided? Find out which business checking account best covers your needs by taking a short quiz.
Everyday Funding is the fastest no-cost (or free) funding solution for small businesses in the industry. It is available at no cost to all U.S. Bank Business checking account customers with a U.S. Bank Payment Solutions account. It provides quick access to cash within hours, not days.
The quick turnaround can happen within a few hours from when you submit a batch for funding. Most importantly, funding happens on your schedule: nights, holidays and weekends. While some products may limit funding amounts or settled batch maximums, Everyday Funding removed those limitations to fit the needs of busy businesses.
Roll ADP® is a mobile app which manages payroll disbursement, tax filings, employee payroll statements with same-day and next-day direct deposit available. Just submit amounts and hours worked and the funds are directly deposited within 24 business hours. You can also opt for same-day deposits if you want to pay your staff even faster. In addition, you can easily integrate with QuickBooks® Online.
To get started, scan the QR code on this page.
A U.S. Bank business credit card can give you access to funds to cover expenses, including supplies to help you plan and manage seasonal fluctuations. Learn more about how a business credit card can help your specialty contractor business.
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