You keep everything working, the lights, the air, the systems that no one notices until they fail. Whether you manage HVAC units, electrical work, or ongoing maintenance contracts, your business keeps other businesses open and comfortable.
But getting paid on time? That’s another story.
Most property management companies and corporate clients take 30, 60, or even 90 days to process invoices. Meanwhile, your bills don’t wait. Payroll, materials, and emergency calls all need cash now.
That’s why more contractors are using invoice factoring, a simple way to turn unpaid invoices into working capital, so you can keep crews on the job and trucks on the road without waiting for checks to clear.
A Real Example & Testimonial
Metro Systems Maintenance, a mid-sized contractor, handles HVAC and electrical upkeep for office parks and public buildings. Every month, they bill more than $120,000, but most clients pay on net-60 terms.
Before factoring, they struggled to balance payroll with equipment costs. After partnering with a Funding Explorer factoring partner, they started receiving 90% of invoice value within 24 hours. Now their crews stay busy year-round, and they’ve added two new service contracts without borrowing a dime.
“Factoring turned our waiting game into a growth strategy.”
— Marty J. – Operations Manager, Metro Systems Maintenance
When Reliable Service Meets Unreliable Cash Flow
Running a facility maintenance company means being dependable every single day. But cash flow doesn’t always cooperate.
You have to pay your techs every Friday, even when your largest clients only pay once a quarter. Vendors want money up front before they release parts or refrigerant. Then, a sudden repair request, a broken chiller, or a flickering lighting system drains your balance.
On top of that, property managers and large corporations often require lengthy approval chains before releasing payments.
This is usually how the industry operates: service first, payment later.That’s why factoring has become the go-to solution for contractors who need stability without taking on debt.
Turning Invoices Into Momentum
Factoring isn’t a loan. It’s simply a way to get paid faster for work you’ve already done.
Here’s how the factoring process works:
Your crew finishes a preventive maintenance visit and sends out an invoice — maybe it’s for $12,000 in HVAC work or $4,000 in electrical repairs. Instead of waiting two months for the accounting department to issue payment, you send that invoice to a factoring company that works with service contractors.
Within a day or two, they send you up to 95% of the invoice value straight into your business account. You can cover payroll, parts, and truck maintenance without touching credit cards or loans.
When your client finally pays the invoice, you receive the remaining balance, minus a small fee of 1–4%.
No interest, no debt, no fine print. Just your money, sooner.
- The U.S. facility management industry generated more than $87 billion in 2024, and nearly 60% of contractors said slow payments disrupted their cash flow.
- According to a 2025 KPMG Facilities Services Update, longer billing cycles and tighter budgets have made cash flow one of the top three challenges for maintenance firms.
- A Q1 2025 Lincoln International Market Report found that over 40% of mid-sized facility contractors rely on credit cards or short-term loans to stay afloat, a costly option that factoring can replace.
Why Facility Contractors Choose Funding Explorer
Funding Explorer connects facility service providers with factoring programs designed for their industry.
Our partners understand maintenance contracts, recurring work orders, and the pressure of weekly payroll.
Why it works:
- No setup fees or long commitments
- Credit decisions based on your clients, not your score
- Fast approvals and same-day funding
You can compare multiple options at once, free of charge, and get matched with the right factoring partner for your business.
FAQs — Factoring for Maintenance Contractors
Q. Can small maintenance firms qualify?
Yes. Even small or regional service providers can qualify as long as they invoice commercial or institutional clients. Whether you maintain HVAC systems in retail centers, manage lighting for hospitals, or handle repairs for schools, your invoices to creditworthy customers are what count. Factoring companies focus on your clients’ reliability, not your personal credit.
Q. How fast can I get funded?
Once approved, most contractors receive their first advance in two to three business days, and then same-day funding becomes standard. For example, complete a $10,000 electrical job on Monday, and you could see up to $9,500 in your account by Wednesday.
Q. Does my customer need to know?
Yes, but it’s a simple process. The factoring company usually sends a notice directing payments to a secure remittance account. Most property management firms and government agencies handle these setups every day, so it’s nothing unusual. Communication stays professional, and your client relationship remains intact.
Q. Can I choose which invoices to factor?
Absolutely. You decide which jobs to fund and when. Many contractors factor only large accounts, such as quarterly HVAC maintenance or multi-site contracts, while paying smaller jobs directly. It’s flexible, practical, and designed to fit your workflow.
Find Your Best Factoring Match
Reliable buildings depend on reliable contractors. Reliable contractors depend on steady cash flow.
Don’t let slow payments limit your growth.
Find your factoring partner through Funding Explorer today and keep your business running strong.
Analia Miguel is an MBA and former CPA with 20+ years in business finance and marketing, including 14 years in alternative business finance. She helps business owners understand their funding options and choose cash flow solutions that truly fit their needs.
Last Updated: October 31st, 2025
Business Funding Expert Insights
Factoring for Tower Erectors, Maintenance & Installation Contractors
Factoring For Site Preparation Companies
Find The Right Factoring Partner Fast
You don’t have to figure this out alone. Our funding advisors use decades of experience to match you with programs that actually work for your business. And all at no cost to you!