Factoring For The Construction Industry
Factoring for the construction industry is a financial tool that allows subcontractors and construction company suppliers the option to get funding by using their aged accounts receivables. We can advance up to 90% of invoices within a few short days under terms that are flexible at very competitive rates. Once we collect on the invoices, the difference from the 90% advance that was held back is credited back to you less our small fee.
The process is simple:
- Submit this short form
- The office that handles your area will then contact you
- Complete the simple application, which will be sent to you via email
- Provide invoices you sent to the General Contractor
- Upon underwriting approval, our team will fund you while we wait for your customers to pay
We bring factoring solutions for companies in the construction industry that are flexible with very competitive rates, and an application process that is simple and straightforward.