Client: Demolition Contractor in Kansas
Situation: Client’s growth created a need for hiring and purchasing additional equipment for the new work load. Banks would not consider them due to size and due to progress billing.
Solution: $50,000 Factoring Facility
Result: CapitalPlus provided the needed cash flow allowing the company to get the equipment needed and hire the needed equipment operators to meet the new work load. Additionally, the fact that CapitalPlus manages funds control and pays subcontractors directly at funding allowed the client to take advantage of early pay discounts from suppliers.