Built for Mechanical
Commercial mechanical with the P&L done daily.
Spend management, capital, and live job margin for commercial mechanical shops running large equipment installs and service contracts.
Slater is a financial technology company, not a bank. Banking services provided by partner bank, member FDIC.
Works at the supply houses mechanical contractors actually use
Per-project P&L
Live, daily P&L on every active project. Catch the problem at week 2, not at close-out.
Service contract recurring revenue
Maintenance MRR tracked separately from install revenue.
Sub + day-rate labor
Mixed labor pools reconciled cleanly. Pay via ACH, 1099 prep handled.
Built for mechanical 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.
Six-figure jobs need daily visibility. Margin updates as the day's spend reconciles.
- 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.
Chillers, RTUs, boilers — buy ahead with capital that doesn't choke on a single $80k transaction.
- Locked to Ferguson, Grainger, Trane, 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.
Pay sheet metal, controls, insulation subs from one account. 1099s populate themselves.
- 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.
Recurring service margins vs. one-off install margins, separately. Two businesses, two views.
- 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 install ticket
Saved on bookkeeping
Cash back on materials
“Our jobs are big enough that real-time margin is the difference between a 12% job and a 4% one. Old fintech can't keep up.”
Walter Cho
President, Cho Mechanical · Chicago, IL
Real jobs, real margin
See every job's P&L the moment it closes.
FAQ
Questions mechanical contractors ask.
Yes. Pre-purchased equipment can be tracked as project-allocated inventory with the cost held against the eventual job.
Other trades on Slater
Built for mechanical contractors. Run the money in 10 minutes a day.
Apply in under 10 minutes. No credit pull. No fee to open.