Industries · Roofing contractors
Roofing financing and payments
Roofing contractors commonly need working capital to buy materials and pay crews before deposits or insurance-claim payments arrive, plus equipment financing for trucks and lifts. Lenders review job pipeline, collection timing and concentration in storm-driven work.
Profit Theory is not a lender and may earn referral fees or commissions from the lenders and providers we work with. How we get paid: /referral-disclosure
Typical financing needs for roofing
Materials and payroll float
A line of credit can cover shingles and crews while insurance claims are paid.
Trucks, trailers and lifts
Equipment financing matched to the life of the vehicle or machine.
Smoothing storm-driven revenue
Lenders look at how reliant revenue is on storm seasons and how you manage the swings.
Worked example: $250,000 materials and payroll line
Monthly interest = amount drawn × rate ÷ 12
- • Working capital line model at 11% illustrative rate, 2-year draw period
- • Monthly interest ≈ $2,292
- • Annual debt service ≈ $27,500
- • Cash flow needed at 1.25x DSCR ≈ $34,375
- • Illustrative only. Estimates only. Results vary. No guarantee of approval, rates or savings.
Payments: what drives processing cost in roofing
- • Large deductible payments taken by card
- • Deposit collection before material orders
- • Check payments from insurers slowing cash
Effective rate = total monthly processing fees ÷ monthly card volume × 100
- • Illustrative: $3,900 in fees ÷ $150,000 in card volume × 100 = 2.60%
- • Illustrative only. Your statement, card mix and pricing model determine your actual rate.
Roofing financing FAQ
Can roofers finance materials before an insurance payment?
A revolving line or receivables-based facility is commonly used. Availability, advance rates and pricing are set by the lender.
Do lenders worry about storm-chasing revenue?
They often review how much revenue comes from storm events versus retail replacement and commercial work, and how consistent it is year to year.
Should I add a surcharge for card payments?
Card network and state rules apply to surcharging. Check current rules and talk to your advisor before changing how you price card payments.
Does Profit Theory lend to roofing businesses?
No. Profit Theory is not a lender. A financing specialist helps you plan and package the request, then, with your consent, introduces you to providers we select based on fit. Lenders make every credit, rate and term decision.
What should I prepare before I apply?
Usually two to three years of business tax returns, year-to-date financial statements, a debt schedule, and a short explanation of what the money is for and how it will be repaid. The loan package checklist lists items by loan type.
Profit Theory is not a lender and may earn referral fees or commissions from the lenders and providers we work with. How we get paid: /referral-disclosure
Last reviewed Nov 3 2026