NEW YORK, June 16, 2026
Frank (talktofrank.ai), the AI loan broker built for US small businesses, today announced a partnership with Contractor Magazine, the leading business resource for plumbing, hydronic, and mechanical systems professionals. The partnership debuts alongside a Contractor feature authored by Frank CEO Will Chomley, "5 Small Business Loan Alarm Bells Every Contractor Should Hear," which lays out how predatory lenders exploit the cash flow pressures unique to the trades.
Contractors face lumpy, unpredictable cash flow driven by progress billing, retainage, and 60-day receivables, making them frequent targets for high-cost financing such as merchant cash advances. These products can carry effective rates as high as 350% and pull repayments from a business account every banking day, regardless of whether a general contractor has paid the draw. The article walks contractors through the warning signs, including confusing repayment structures, manufactured urgency, upfront processing fees, and high-risk contract terms like confession of judgment clauses and UCC blanket liens.
"Predatory lenders monetize the one thing everyone in the trades is short on, which is time," said Will Chomley, CEO of Frank. "The guy on the phone promising eighty thousand dollars by morning is counting on you being too busy to check. We built Frank so the answer isn't avoiding speed, it's demanding speed and transparency at the same time."
Frank searches more than 550 US lenders in under 60 seconds, negotiates on the borrower's behalf, and shows the exact cost of every offer upfront. The service is free to borrowers, with no hard credit pull to see options and no kickbacks steering a file toward more expensive debt. Frank is paid a fee by the lender only when funding is successfully arranged.
As part of the partnership, Contractor readers can access an exclusive 2% cash back offer by visiting talktofrank.ai/partners/contractormag and using promo code Contractor2026.
About Frank
Frank is an AI loan broker headquartered in New York City, built to help US small businesses, particularly trades businesses, find, negotiate, and close the best loan for their needs. Frank shows borrowers the exact cost of every offer and charges no fees to business owners. Learn more at talktofrank.ai.
Media Contact
William Chomley
william@talktofrank.ai
www.talktofrank.ai