Electricial Invoicing Simplified

Unlike traditional payment processors that treat you like a "high-risk" business, Nickel was built specifically for trade professionals who handle large invoice-based transactions. We understand that:

• $25,000 electrical panel upgrades are normal business, not suspicious activity
• Emergency calls and storm work create payment surges that banks often flag as unusual
• You need reliable processing during peak seasons like summer cooling periods
• Your cash flow depends on predictable payment timing, not arbitrary holds

Result: No surprise account holds, no "business verification" delays, no risk department calls.

The electrical industry faces unique financial challenges that generic payment processors simply don't understand. With nearly 713,000 people employed as electricians and an industry generating over $312.2 billion in revenue in 2025, electrical contractors are caught between rising costs and demanding customers who expect flexible payment options.

Emergency Service Volatility:

Electrical work generates significant revenue from emergency calls, especially during severe weather events and summer peak demand periods. These emergency jobs often involve large transactions - a residential electrical panel replacement might cost $8,000-15,000, while commercial electrical work can reach $50,000 or more per project. Traditional banks see these payment spikes as red flags, leading to account freezes right when you need cash flow most.

Project-Based Payment Complexity:

Electrical contractors frequently handle multiple job types simultaneously - from small residential service calls to large commercial installations. Each project requires different payment structures, from upfront material costs to phased milestone payments. When customers expect net payment terms and materials must be purchased upfront, electricians are forced to finance their own customers, often for 30-60 days.

Equipment and Material Cost Pressure:

Electrical projects often require purchasing specialized equipment or materials upfront before a job is completed and paid for. A commercial electrical installation might involve tens of thousands of dollars in switchgear, conduit, and wiring that must be paid out of pocket before collecting payment from the client. When material costs continue rising and customers expect terms, electricians face significant cash flow challenges.

Seasonal Demand Fluctuations:

Unlike steady service industries, electrical work experiences significant seasonal variations. New construction revenue has risen to 36.6% of electrical work, but these projects cluster around specific seasons. Summer brings peak cooling system demand, storm seasons create emergency surges, and winter often slows commercial construction projects, making it challenging to maintain steady cash flow year-round.