Around this time of year with the focus, in so many of our lives, around our families I can’t help but think about how much of what we do at CapitalPlus affects contractors, their families, and their dreams. Whether that’s parents working hard in their own construction company to leave it to their children or children who have recently taken over the construction company from their parents and want to grow the family business. It amazes me how our small business helps so many other small and growing contractors and construction businesses.
With that thought, I wanted to share with you a story of a construction company that was a CapitalPlus client.
Who?
Brian and his wife had been the proud owners of a construction company in New York.
What?
After 35 years of successfully owning their business, they were looking to retire and pass the business on to their two kids. They have been working hard to grow the business so that it could support their kids’ families for many years to come.
How?
Several years ago Brian called CapitalPlus and we have been able to provide him with the working capital he needed to bid on more and larger contracts than he otherwise would have.
Why?
Brian has been able to grow his business with the help of CapitalPlus providing constant and consistent working capital and now feels confident he can pass his business down to his son and daughter and provide them with a way to support their families for many years to come.
If you are trying to grow your construction business, like Brian was, then construction factoring might be the solution you need.
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