Do you supply construction materials for general contractors or commercial clients? Construction Supply Companies usually have to wait 30 to 60 days to receive payment 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. Compared to other types of financing, construction receivables factoring is easy to get and can be set up in days.
An essential 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
- A business must invoice a minimum of $40,000 per month (this area is flexible)
- Companies must NOT have a performance bond for the invoices you wish to factor with us.