by Brent Chambers | Sep 17, 2020 | Success Stories
Client: A demolition, excavation, and drilling contractor based in New York.Situation: The company had factored phase one of a $10,600,000 contract with CapitalPlus, so when they needed cash flow to begin phase two, they knew they could count on us.Solution: $1.2M...
by Brent Chambers | Sep 17, 2020 | Success Stories
Client: A finishing subcontractor based in WashingtonSituation: The company had work in progress but was struggling to meet payroll and purchase materials.Solution: $100,000 Construction Factoring FacilityResult: Quick access to cash flow enabled the company to meet...
by Brent Chambers | Sep 17, 2020 | Success Stories
Client: A construction company based in TexasSituation: Covid-19 related impacts created delays in the project Schedule. As a result, the debtors’ payments were delayed creating cashflow concerns. The company needed funds fast in order to make payroll.Solution:...
by Brent Chambers | Aug 11, 2020 | Success Stories
Client: A demolition, excavation and drilling contractor based in New YorkSituation: This company had previously factored with CapitalPlus, so when they needed additional liquidity to take on a large project, they knew exactly where to turn.Solution: $407,000...
by Brent Chambers | Aug 11, 2020 | Success Stories
Client: A finishing contractor based in Maryland.Situation: This growing client had several large projects on the horizon and knew their $300k bank line of credit would not give them enough working capital to stay on schedule. Despite being a long-term bank customer,...
by Brent Chambers | Aug 11, 2020 | Success Stories
Client: A renovation contractor in MarylandSituation: The company had a contract for a project with Howard University to renovate several buildings but did not have enough cash on hand to meet expenses.Solution: $42,000 initial funding of a $100,000 Construction...
