Business loans for electrical contractors covering materials, gear and wages before invoices clear, with fast decisions and a dedicated account manager throughout.
Electrical contractors buy cable, distribution boards, fittings and test gear, and pay qualified engineers, well before a job is certified and invoiced. A business loan provides a lump sum to bridge that, repaid over a fixed term, so cash flow is not dictated by when a main contractor or client decides to pay. Tando arranges business loans through FCA regulated partners and assesses how the firm actually trades, which helps contractors who have had a difficult stretch.
Because the funding is general working capital, it can stock materials for several jobs, cover wages across overlapping contracts, or fund the kit and certifications needed to take on larger commercial or industrial work. It is not tied to a single invoice, so a busy run of projects with staggered payment dates becomes far easier to manage as the firm grows.
Electrical work carries real upfront cost in parts and skilled labour, with payment often lagging well behind the day the job is finished. On commercial and industrial contracts that wait can stretch further still. The usual pressure points are:
Tando is a human-led brokerage, so an electrical firm deals with one account manager rather than an automated portal, and decisions usually land within three to five days. The team is also open to contractors whose credit has slipped after a bad debt or a slow year.
If a contractor secured an industrial fit-out but needed to buy switchgear and cable before the first payment, a business loan could fund that order so the work starts on time. For firms importing equipment or components from overseas suppliers, trade finance can fund those purchases separately, and your account manager will explain how it differs from a term loan.
Secured Business Loans use assets like property or equipment as collateral to unlock higher borrowing limits and lower interest rates, giving your company predictable repayment terms and the flexibility to invest in long-term growth.
Unsecured Business Loans require no collateral, offering a rapid application and approval process. Although interest rates may be higher, this option lets businesses with strong credit profiles access funds quickly for working capital or expansion.
Start-Up Business Loans, often government-backed, provide new ventures with £500–£25,000 at fixed, affordable rates. They include mentorship and support services, helping entrepreneurs build credit, purchase essential equipment, and launch their businesses confidently.
Yes. Buying cable, boards and test gear ahead of a job is a common use for a business loan. The lump sum lets you stock up and pay engineers while a contract runs, then repay over a fixed term. As the funding is general capital, you can split it across materials, wages and tools as each project requires.
Often, yes. Tando takes on contractors that other lenders decline, including those with bad credit or past bounced payments. The decision rests on current trading and the ability to repay, not the credit file alone. A clear account of what went wrong, backed by recent figures, usually makes the difference when the lending partner reviews the case.
Decisions are usually back within three to five days, and uncomplicated cases can move within hours. Funds typically follow within days of approval. The pace depends mostly on how quickly you supply accounts and statements. With a real account manager on the case, you can flag a fixed start date and get an honest read on the timing.
Facilities generally run from £75k to £500k, suited to firms turning over around £200k or more, with no fixed minimum size. The right figure depends on the work the funding supports and what the business can repay. Your account manager sizes it around real projects rather than offering a one-size number that may not fit.
No. A business loan is a lump sum you control, not money advanced against particular invoices. That is the key difference from invoice finance. You direct the funds wherever the work needs them, and repay on a fixed schedule. If releasing cash from unpaid invoices is the real goal, invoice finance may suit better, and your account manager will explain both.
Yes. Tando aims for long-term relationships, so as an electrical firm wins larger contracts the facility can be reviewed with the same account manager. There is no need to move to a new lender each time. Keeping them informed of your pipeline makes it quicker to arrange more funding when a bigger job comes through.
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Draw funds when you need them, repay when you can, then draw again.
Tando Capital provides a range of tailored funding solutions to meet diverse business needs:
One of Tando Capital’s core priorities is speed. We offer:
Tando Capital stands out by prioritising human expertise over automated bots:
While criteria vary by product, Tando Capital generally considers:
Our application process is designed to be quick and transparent:
Tando Capital is committed to full transparency—there are no hidden fees:
Tando Capital Limited (trading as Tando Capital), registered at Suite 74 Paycocke Road, Basildon, SS14 3HX . Tando Capital is not authorised by the Financial Conduct Authority and can only complete non-regulated introductions. We work with a Panel of Lenders whose particulars will be supplied upon request. ICO Number ZB748553- We will receive commission from lenders. Different lenders pay different amounts depending on different commission models. For transparency we work with the following commission models: percentage of the amount you borrow and rate for risk (this is based on the risk profile of the business). Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey.’
