Knoxville, TN – Aug. 22, 2023 – CapitalPlus Financial Services, a distinguished provider of working capital solutions, proudly announces the successful facilitation of $5 million in funding for a leading mechanical contractor based on the West Coast.
“Our cash flow supporting options play a pivotal role in supporting mechanical contractors, particularly on the West Coast, where substantial capital is essential for large-scale projects,” explained Curt Powell, Vice President of Sales. “This funding played a pivotal role in guiding this mechanical contractor through a financial challenge that originated back in 2018 and had been constraining them since then. Being able to use one of our construction-specific financial solutions has empowered their businesses in ways that others have not been able to.”
“We have been in the construction-only funding space since 1998 and every single time we help a business, it is a thrill” adds President Scott Applegate. “We know we are transforming a struggling business into one that can take off and grow. It makes coming into work exciting.”
CapitalPlus Financial Services’ commitment to meeting diverse client needs and innovative financial solutions has firmly established its reputation as a reliable partner in the construction industry. We would love to discuss how can also help you… reach out today.Back to news