Client: Demolition Contractor in Kansas
Situation: This growing client needed to hire additional crew and purchase additional equipment for the new workload. Banks would not consider them due to size and progress billing.
Solution: $50,000 Factoring Facility
Result: The additional working capital enabled the company to purchase the equipment needed and hire the equipment operators to meet the new workload. Additionally, since CapitalPlus manages funds control and pays subcontractors directly at funding, the client could take advantage of early pay discounts from suppliers.