Built for Electrical
Banking that keeps up with permits, panels, and EV.
Spend management for shops navigating commercial bids, residential service, and the EV-and-solar wave.
Slater is a financial technology company, not a bank. Banking services provided by partner bank, member FDIC.
Works at the supply houses electrical contractors actually use
Job costing without QuickBooks tax
Real-time cost-per-job that doesn't require closing your books at month-end.
Subcontractor 1099 tracking
Pay a sub via ACH, Slater builds the 1099 report. No December scramble.
Service van fleet cards
Fuel cards built into your operating account — not a separate Wex bill to reconcile.
Built for electrical contractors
See and control every dollar, from the job site to the books.
Job Profitability
Live margin on every job — no waiting for the bookkeeper.
Quoted 14 days of labor, you're at 18 — Slater flags it before payroll runs.
- Real-time material and labor actuals
- Margin alerts when a job trends thin
- Compare margin across crews, customers, job types
Crew Cards
A card for every tech, controls for every dollar.
Issue cards locked to Graybar, Rexel, Home Depot Pro. Block everything else.
- Locked to Graybar, Square D, Eaton, and other supply houses
- Per-card daily limits and per-card geofencing
- Receipt-by-text — no app for the crew to install
Bill Pay
Pay supply houses and subs from one screen.
Buying a year of EV chargers ahead of price hikes? Capital that doesn't choke on a $60k single-day spend.
- ACH the day-of, never miss an early-pay discount
- Approval flows when you want them, instant when you don't
- 1099 prep handled automatically at year-end
Budget vs. Actuals
Catch overruns at week 2, not at close-out.
Every permit fee, inspector trip, and license renewal coded automatically. Tax-time becomes filing, not investigating.
- Budget by cost code, not just job total
- Variance alerts at thresholds you set
- Roll-up across all open jobs in one screen
Average commercial-bid margin
Saved on bookkeeping
Cash back on materials
“We bid commercial, residential, and EV — three different cash cycles. Slater is the first stack that handles all three without me running spreadsheets.”
Tom Brennan
President, Brennan Electric · Atlanta, GA
Real jobs, real margin
See every job's P&L the moment it closes.
FAQ
Questions electrical contractors ask.
Yes. Cost codes can be as granular as you want — most electrical shops track at the gear/wire/labor level, but you can split further per phase or per trade.
Other trades on Slater
Built for electrical contractors. Run the money in 10 minutes a day.
Apply in under 10 minutes. No credit pull. No fee to open.