Key Takeaways
- Licensed parolee plumbers with US revenue qualify
- Service van and equipment financing with assets as collateral
- Working capital for material purchasing between project payments
- Plumbing company acquisition financing available
- No green card required
Plumbing is one of America's most in-demand skilled trades — the national plumber shortage means qualified contractors command premium rates and face immediate demand. Ukrainian parolees with construction trade training and Haitian parolees with plumbing experience are obtaining US plumbing licenses and building profitable businesses. Bankable funds the tools, vehicles, and working capital that scale these businesses from sole operator to full team.
Plumbing Business Funding Products
- Service Vehicle Financing: Plumber's vans and pickup trucks financed with vehicle as collateral. 24-72 month terms.
- Equipment and Tools: Pipe cameras, hydro-jetting machines, excavation equipment, and professional tool sets.
- Working Capital: Purchase materials for jobs before client payment. Bridge net-30 contractor payment cycles.
- Business Acquisition: Buy an existing plumbing route or business with established customer base and recurring service agreements.
Frequently Asked Questions
Yes. Parolees with state plumbing licenses and US business revenue qualify for Bankable's equipment and working capital products. Your license is the primary trade credential — EAD and business bank statements are the documentation requirements.
Service vans, hydro-jetting machines, pipe inspection cameras (RIDGID, CUES), trenchless equipment, professional hand tool sets, and pipe threading machines. New and used commercial-grade equipment qualifies.
State plumbing licenses require passing a trade exam and documenting supervised work experience. Most states accept EAD as proof of work authorization for license applications. Contact your state's plumbing board for specific requirements.
$10,000 per month in verifiable plumbing service revenue. Licensed plumbers with residential and commercial service agreements qualify at the lower end; companies with commercial and general contractor clients at higher revenue levels.
Yes. Bankable finances plumbing business acquisitions for qualified parolees. We evaluate the selling business's revenue, customer base (residential vs. commercial), recurring service agreements, and equipment value. Up to $1M for qualified acquisitions.
Many plumbing jobs require significant upfront material costs (pipe, fixtures, water heaters). Working capital advances fund material purchases. Repayment comes from client payment upon job completion.
Yes. Haitian CHNV parolees with plumbing licenses and US business revenue qualify. Haiti has produced skilled tradespeople, and many Haitian parolees have prior US plumbing work experience from earlier migrations.
Pre-licensed plumbers (journeyman or apprentice) who operate as employees cannot qualify for business funding. Once you obtain your master plumber license and form a business entity, apply immediately — the demand for licensed plumbers means rapid revenue ramp.