Cash flow for Construction Companies
Do you do construction work for general contractors or commercial clients? Construction subcontractors usually have to wait 30 to 60 days to get paid for their invoices. In the meantime, you still have to cover office, employee and supplier expenses.
Our construction factoring financing program can advance funds against your invoices, providing funds to pay employees and suppliers. As opposed to other types of financing, construction receivables factoring is easy to get and can be setup in days.
The most important requirement to qualify is that you do business with reliable general contractors or commercial clients.
Do You Qualify for Construction Factoring?
- You must do business with general contractors or commercial clients
- Your client or GC must be a reliable payer
- Your business must invoice a minimum of $40,000 per month (there is flexibility in this area)
- Your company must NOT have a performance bond for the invoices you wish to factor with us