Construction Factoring

Are you a subcontractor waiting to be paid by a General Contractor?  Is the General Contractor taking 30, 60 or even 90 days to pay your invoices? Are you a General Contractor that has not been paid by a Federal, State or local government job? Construction factoring may be your answer.

Do you need cash to:

• Make payroll
• Pay for rental equipment
• Pay for supplies for a new job
• Get material discounts

Want a quick quote? Please click here to get a great rate.

Questions? Call us at 1 (877) 876 2803 now (toll free).

Factoring Quotes understands commercial construction and we have the financial sources that specialize in both commercial, general, and sub contractor funding.  Construction factoring can get the important funding you need to make payroll, pay suppliers and pay subcontractors.  We help you get the cash flow you need to help grow your business.

Often a qualified construction company will have to pass on a job simply because it does not have the resources to fund the project.  By utilizing unpaid invoices from progress work or finished projects contractors can immediately get paid and use the capital for labor and expenses.


Construction Factoring Benefits:

• Meeting the company’s regular payroll, benefits and Workers Compensation
• Not passing on a job simply because you do not have the resources
• Factoring rates as low as 2%
• Advances as high as 80%
• Get funded within 24 hours (subject to monthly volume and industry)

Construction Factoring works as follows:

• The contractor or sub contractor completes the work in full or up to the set progress point in the job and invoices for it.
• The invoice is sold to the factoring company, who advances up to 80% of its value.
• The factoring company waits to get paid while the contractor gets immediate use of the funds.
• Once the factoring company is paid, the transaction is settled and the contractor receives the remaining 20% less a small fee.

Construction Factoring can help:

• Appraisers
• Architects
• Asphalt and Concrete Finishers
• Brick Masons
• Cable Contractors
• Carpenters, Electricians and Plumbers
• Carpet installers
• Ceiling/Drywall Contractors
• Engineers
• Excavators
• Fire Sprinkler Contractors
• Flooring and Tile Contractors
• General Contractors
• HVAC Contractors
• Landscapers
• Roofers
• Security Firms

If your business could benefit from having cash 24 hours after producing the invoice, you may want to take a closer at construction factoring. One of our financial consultants can answer your questions and provide a free factoring quote at 1 (877) 876-2803.

GET A FACTORING QUOTE NOW

Email questions by clicking here

Want a quick quote? Please click here to get a great rate.

Questions? Call us at 1 (877) 876 2803 now (toll free).