Construction Factoring

/Construction Factoring
26 Feb, 2017

Factoring for Construction Companies and Contractors

2018-01-19T12:49:21+00:00

Being a contractor in today's environment is extremely difficult. Banks are not lending and contractors are reliant on their customers to pay their invoices in a timely manner, which most of the time means 30-60-90 days. All the while you’re expected to make payroll, pay vendors and try to grow your business. This is impossible without access to working capital and if a bank won't lend you the money you have got to either: Turn down jobs Find jobs where General Contractors/owners pay promptly, which aren’t abundant because most contracts are “paid-when-paid” Find an alternative solution to improve their cash flow [...]

Factoring for Construction Companies and Contractors 2018-01-19T12:49:21+00:00

Contact Info

175 West Monroe Street, Ste 122 Wytheville, VA 24382

Phone: 800-530-2621