Chesapeake Electric
“Can a regional electrical contractor grow revenue by reducing friction in the sales process through embedded consumer financing and field-service software?”
HQAnnapolis, MD
IndustryVertical SaaS / Electrical Contracting
The story
Chesapeake Electric is a residential and commercial electrical contracting company based in Annapolis, Maryland. The company offers electrical installation and service work, and has embedded consumer financing options (via GreenSky) to allow customers to finance electrical projects. They operate on the ServiceTitan field-service management platform.
Last 12 months
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The stack
Lending
15-Month No Interest If Paid In Full (GreenSky promo)18-Month Deferred Interest with Monthly Payments (GreenSky promo)Fixed Rate 9.99% / 120-Month consumer loan (GreenSky)Fixed Rate 11.99% / 180-Month consumer loan (GreenSky)
Accounting gap: none