Running a trade business is no small feat. You juggle job sites, clients, invoices, and crew, all while trying to keep cash flowing smoothly. But when it comes to business financing, many skilled trade professionals still hold back, often because of misconceptions that simply aren’t true.

At Kraftworks, we talk to hardworking trade pros every day, from plumbers, HVAC techs, electricians, roofers, and more, and we hear the same concerns:

“I probably won’t qualify.”

“Loans are only for big companies.”

“I don’t want to get stuck in debt.”

If any of these sound familiar, this post is for you. Let’s clear up the most common myths about financing:

Myth #1: You Need Perfect Credit to Get Financing

Truth: At Kraftworks, we know a credit score doesn’t tell the whole story. We look at your cash flow, business performance, and trading history, the real indicators of how you operate day to day.

Myth #2: Loans Are Only for Big Businesses

Truth: Small businesses and independent trade pros are prime candidates for financing. Whether you’re a one-person operation or managing a growing team, having access to capital can help you:

• Purchase new tools or vehicles.
• Hire additional crew members
• Cover material costs before project payments arrive

Myth #3: Taking a Loan Will Sink Your Business

Truth: When used strategically, financing doesn’t sink your business. The key is choosing the right type of funding for your situation.

At Kraftworks, we tailor financing options around your work cycle, so you can invest in equipment, materials, or staff then repay flexibly as projects pay out.

Myth #4: Financing Is Too Complicated

Truth: With Kraftworks App, applying for financing is simple.

All it takes is a 5 - 10 minute Intro Call with our team to see if we’re the right fit for your business.

At Kraftworks, we tailor financing options around your work cycle, so you can invest in equipment, materials, or staff then repay flexibly as projects pay out.

Myth #5: You Don’t Need Financing If You’re Doing “Okay”

Truth: With Kraftworks App, applying for financing is simple.

Truth: Having access to capital before you need it gives you the flexibility to:

• Take on bigger, more profitable jobs
• Replace tools or vehicles without delay
• Handle unexpected expenses without stress