Construction Cash Flow : Our blog.
Get valuable information on construction factoring, small business finances, risk management, lien compliance, contract compliance and issues impacting the construction industry.Delayed and Postponed Construction Jobs
Is the coronavirus pandemic a valid reason to delay or postpone a job? Maybe or maybe not. The answers are in the terms and conditions (T&C) in your contract. One such T&C is the force majeure clause, French for superior force or in many circles, Act of God....
You got this: COVID-19 Calls for Strength, Resilience
Construction professionals are a strong group and most owners of construction companies have seen hard times. 2008, 2009 and many years that followed were tough years; some companies did not survive through the Great Recession. It seems nearly every aspect of...
Shutdowns & Shortages: Strategies for tough times
In the surreal economic experience that COVID-19 has forced upon the economy, we’re thinking of you, our fellow construction industry professionals. Companies are struggling to keep their employees, keep up health benefits, pay the rent and so much more. For sure,...
Six Reasons for Cash Flow Problems
Almost every business has issues with cash flow from time to time, some much more often than others. Businesses like construction companies can find their cash flow greatly affected by the weather. Other businesses have their own particular type of kryptonite that...
Project Controls…Why You Need Them
All companies attempt to hire experienced personnel. This is especially true when hiring project superintendents, construction managers and project managers. After all, these folks are your eyes and ears on a job and in many situations, they “own the...
Five Fun Facts about the History of Invoice Factoring
Invoice factoring refers to the practice of funding the cash flow of a business by selling their invoices at a slight discount to a third party, known as the ‘factor’ or the ‘factoring company’. Factoring allows a business quick access to a continuous, steady level of...
The UCC – What It Is and What It Means to Lenders
The Uniform Commercial Code (UCC) was first published in 1952 and is a Uniform Act developed by the Uniform Law Commission (ULC). The ULC is a non-profit organization created in 1892 with the sole purpose of developing uniform legislation to create consistency...
Using Social Media to Brand Your Business
Most business owners know the importance of building a unique ‘brand’ for their business. Many know that using social media (SM) to brand their business can play an integral part in their branding efforts, but that’s where they often begin to encounter problems....
CapitalPlus Closes Out 2019 With Strong Funding
CapitalPlus Construction Services, the leading provider of construction factoring, helped support growth and building projects for a wide variety of construction companies in December, including several million-dollar-plus deals. From masonry to framing to HVAC, our...
Choosing a Factoring Company for Your Construction Business
Almost every construction business comes to a place in their growth when cash flow becomes an issue. Many savvy contractors and construction company owners are aware of the benefits of invoice factoring, and at some point, will likely consider using an invoice...
CapitalPlus Construction Services To Exhibit at SFNet Secured Finance Network Convention
CapitalPlus Construction Services, a leading provider of accounts receivable financing for the construction industry, will be exhibiting at the SFNet Secured Finance Network 75th Annual Convention from November 13th to 15th. Celebrating its 75th year, SFNet,...
3 Ways to Meet Payroll When Cash Flow is a Problem
The last thing you want as a contractor is to lose employees because you’re unable to pay them in a timely manner. This can occur due to seasonal changes or when your construction company is in a growth and expansion phase. The best way to keep from losing employees...