by Brent Chambers | Jan 7, 2021 | Success Stories
Client: A Southern California based masonry and concrete contractor Situation: This company was experiencing rapid growth and had been awarded contracts of several high-profile projects. But they needed increased working capital to hire additional help...
by Brent Chambers | Jan 7, 2021 | In The News
CapitalPlus Construction Services, the leading provider of accounts receivable financing for the construction industry, is helping construction firms with funding scale up, expand services and build business. Access to steady cash flow is crucial as companies begin to...
by Brent Chambers | Dec 31, 2020 | Business Tips, Construction Industry
Most contractors are so busy working in their business they don’t have much time to work on their business. Pressing projects and deadlines often take precedence over marketing and growth, but without those two things, incoming work can quickly dry up. It will serve...
by Brent Chambers | Dec 8, 2020 | Success Stories
Client: A fabrication and erection contractor based in FloridaSituation: This company won a sizable contract that required them to purchase materials up front, depleting their cash flow and leaving them unable to meet payroll.Solution: $200,000 Construction Factoring...
by Brent Chambers | Dec 8, 2020 | Success Stories
Client: An architectural millwork contractor in VirginiaSituation: This company was awarded a large project in March and wanted to ensure they had the proper financing in place to execute the scope of work before accepting. CapitalPlus approved them in April, but due...
by Brent Chambers | Dec 8, 2020 | Success Stories
Client: A concrete contractor in TexasSituation: This firm won several contracts from Dollar General for new store builds which would require them to double their payroll. Before taking on the projects, they wanted to ensure they had adequate working capital in...