Knoxville, TN – Sept. 19, 2024 – CapitalPlus Supply, a leading materials provider for the construction industry, is pleased to announce that it has provided a $3 million in materials to a prominent Louisiana-based civil contractor. The contractor, already managing a $25 million facility with their bank, needed additional support to handle large material orders as they scaled up operations.
By utilizing CapitalPlus Supply’s Materials Purchasing Program, the contractor was able to capitalize on early pay discounts from suppliers by making advanced payments for materials 60 days ahead of their regular schedule. This financial agility has provided their business with a significant competitive advantage in the bidding of this particular project.
“We’re proud to offer a solution that empowers contractors to meet their growing material demands while keeping their suppliers happy with early payments”
said Curt Powell, Executive Vice President.
“The proactive materials purchase allowed our client to confidently undertake larger-than-normal contracts without the stress of possibly pushing the company’s finances too thin.”
If you would like to discuss how our Material Purchasing Program can uniquely support your construction business, call us at 865-670-2345.
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