Business loans for mechanical and HVAC companies

Ardent Capital Group brings the same method to every client: execution and strategy, clear advice for smart lending, and long-term growth. That means the right lender, structure and timing, straight advice so you borrow with confidence, and today's deal built toward where you want to be tomorrow. We are specialists in helping business owners secure finance to purchase their own property, and we understand the complex structures that often sit around it, including multiple trusts, holding companies and self-managed super funds. Through that work we also understand what the business needs from its cash flow, and where an overdraft or line of credit fits for working capital. A contractor whose value sits in uncertified WIP and a pipeline of progress claims is a profile a generalist bank desk often reads conservatively, because the balance sheet lags the order book and income arrives in stages. Our role is to know the bank and non-bank lenders, from a panel of more than sixty, that fund progress-claim contractors on the strength of the contracts and the trading rather than the workshop alone. We stay on as you take on bigger installs, add crews and buy the next branch. Every figure is subject to serviceability, lender appetite and approval.

It depends on how quickly you need it and what you are willing to offer as security. Unsecured facilities are assessed mainly on trading strength and can be arranged in days, which suits a limit of $100K to $500K for materials, vehicles or a short WIP gap. Secured facilities, backed by property or plant, can support larger funding needs and are priced against the security, and make sense once you are funding an acquisition or carrying a large plantroom install. Most established contractors end up with a mix, and we shape which sits where.

It depends on your trading, your structure and the purpose, but lending here commonly runs from $100K to well into seven figures, and our range extends to $100M for larger contractors. On install work your WIP and contract pipeline are read alongside your trading rather than the workshop alone. The binding constraint is usually serviceability rather than security, and we shape the funding early so you know your number before you commit.

Yes, and the equipment or vehicle is normally the security rather than your premises. Rigging, cranage, lifting plant and service vans can all be funded new or used, and commercial vehicle finance sits against the vehicle itself. Terms are typically matched to the life of the asset, and established businesses can often be assessed on bank statements and BAS rather than full financials. Keeping a large purchase off the overdraft leaves your working capital free for WIP, and dealer and manufacturer programs are available too, which we compare against a bank facility.

By advancing against the work in progress and the certified claims themselves, so the crew and the supplier get paid while certification runs its course. Labour, plant hire and materials are committed weeks before a claim is certified, so the facility needs to carry that gap without draining the cash set aside for the next job. We size it to the contract and the certification cycle, and set repayments to land as each certified claim is paid. Bring us the contract and the claim schedule early, subject to serviceability and lender approval.

No. Plenty of contractors fund growth without touching the family home, either through unsecured facilities assessed on trading, or by securing against the plant or vehicles being purchased. Property security broadens the lenders and facility sizes available to you, so it is worth considering once you are borrowing well into seven figures or buying premises. The choice is yours, and we will show you what each option costs before you commit.

An unsecured facility can often be approved within 48 hours and funded inside a week where the business is established and the BAS and bank statements are current. Secured facilities take longer, typically two to four weeks, because a valuation is involved. The practical advice is to open the limit before you win the next big install, ideally when you are pricing the job rather than when the wages are already due. Timeframes are indicative and subject to lender appetite and approval.

Yes. Many lenders assess established businesses on 6 to 12 months of bank statements and recent BAS rather than full year-end financials, which suits contractors whose accounts lag the current run rate. It works best where the trading account shows regular receipts and the ATO position is current. If you have a payment plan in place, say so early, because several lenders will still proceed when it is disclosed and being met.

Yes, and it is a commercial property deal rather than a working capital one. A workshop with storage, fleet parking and room to stage a plantroom fit-out is assessed on the property and your trading together, and getting the trading and pipeline presented properly is most of the work. Owner-occupiers can generally borrow a higher proportion than a passive investor would. Our commercial property team handles these end to end through our workshop commercial mortgage service.

Most of the time, no. We are paid a commission by the lender once your facility settles. Where a deal requires significant preparation or involves unusual complexity, a small mandate fee may apply. We will always be upfront about this before any work begins.

Although we are based in Sydney, we service clients across all major Australian cities, including Melbourne, Perth, Brisbane, the Gold Coast, Adelaide, Canberra and Hobart, along with their surrounding regional areas. Wherever your business is located, we can arrange your finance.

Although our main speciality is property loans for business owners, such as a property loan for your workshop, we also assist with vehicle finance for HVAC crews and working capital. On asset finance, that covers rigging, cranage, lifting plant and commercial vehicle finance for the service fleet. On working capital, we arrange business overdrafts, lines of credit and cash flow funding. We also arrange commercial mortgages if you are buying or refinancing a workshop or yard.