by Leighton Smith | Jan 7, 2020 | Success Stories
Client: A New Hampshire-based production machinery installation contractorSituation: They were nearing the end of a project in Vermont and ran out of working capital.Solution: $90,000 Construction Factoring Facility on the project’s last invoiceResult: The company was...
by Leighton Smith | Jan 7, 2020 | Success Stories
Client: A Maryland-based masonry contractor who is a long-time CapitalPlus clientSituation: The company took over a project from another masonry firm and needed quick cash to get ramped up with materials and manpower.Solution: Increased their Construction Factoring...
by Leighton Smith | Jan 7, 2020 | Success Stories
Client: A fast-growing New York-based HVAC contractorSituation: The firm had 60-day pay terms with most of their clients, leaving them with a cash flow gap.Solution: $100,000 Construction Factoring FacilityResult: The company now has the working capital they need to...
by Leighton Smith | Jan 7, 2020 | Success Stories
Client: A start-up telecommunications contractor based in AlabamaSituation: The principals had invested all of their available capital to get the company launched.Solution: $50,000 per month Construction Factoring Facility, with plans to increase in the next six...
by Leighton Smith | Jan 7, 2020 | Success Stories
Client: A civil construction firm based in TennesseeSituation: This firm had an opportunity to take on a new, large contract but needed additional cash flow. A broker recommended CapitalPlus for our industry expertise and construction factoring.Solution: $2,200,000...
by Leighton Smith | Jan 7, 2020 | Success Stories
Client: A California framing contractor Situation: Slow payments from customers was making the company late with vendor payments.Solution: $750,000 Construction Factoring FacilityResult: The additional cash flow enabled them to pay vendors in a more timely manner,...
