by Brent Chambers | Feb 9, 2021 | Construction Industry
COVID-19 has changed the construction industry forever. Scheduling, hiring, the types of projects investors choose to fund, and safety protocols while on and off site have all been affected. Yet, all these changes do not immediately spell out trouble for the industry....
by Brent Chambers | Jan 12, 2021 | Construction Industry, News & Press
There are multiple industries that can easily survive a recession. Some even thrive during difficult times. History has shown that the construction industry is not typically one of them. In fact, construction is usually one of the hardest hit industries during...
by Brent Chambers | Jan 7, 2021 | Success Stories
Client: An underground fiber optic telecommunications contractor based in Colorado Situation: This company was asked to take on more work by their General Contractor whose terms were 60 days. They knew they wouldn’t be able to meet payroll or purchase...
by Brent Chambers | Jan 7, 2021 | Success Stories
Client: A concrete rebar contractor based in Texas and working across the Southeast Situation: This contractor had a great opportunity to work on several new Amazon warehouses, for which they would need to grow their payroll substantially. Solution:...
by Brent Chambers | Jan 7, 2021 | Success Stories
Client: A painting and drywall contractor in Louisiana Situation: Due to COVID-19 slowdowns, their debtors began stretching their payments which left them in a cash flow gap and unable to purchase materials to start their next projects....
by Brent Chambers | Jan 7, 2021 | Success Stories
Client: A California mechanical contractor Situation: A current factoring client needed working capital to meet monthly business expenses to run their operations. Solution: $2,000,000 Construction Factoring Facility Result: They...
