by Brent Chambers | Jul 16, 2021 | Success Stories
Client: Concrete contractor based in Connecticut Situation: The company began to fall behind on their accounts payable due to their debtor stretching payment. They had an opportunity to bid on several potential projects but were unsure they would have the cash flow...
by Brent Chambers | Jul 16, 2021 | Success Stories
Client: Underground piping contractor in New York Situation: This company was working on a government project in New York City but needed immediate funding for materials. Solution: $150,000 Materials Finance Result: The contractor was able to purchase materials for...
by Brent Chambers | Jul 16, 2021 | Success Stories
Client: Traffic control subcontractor based in Texas Situation: This company was awarded a large Texas Department of Transportation contract, but did not have the funds needed to meet the growing weekly payroll. Solution: $150,000 Construction Factoring Facility...
by Brent Chambers | Jul 16, 2021 | Success Stories
Client: Concrete rebar contractor in Florida Situation: This current CapitalPlus client has been working on Amazon warehouses across the Southeast. Due to exceptional performance, they were asked to work on several more warehouses over the next year and would need to...
by Brent Chambers | Jul 16, 2021 | Success Stories
Client: Electrical contractor based in Southern California Situation: This contractor had been awarded several new bids but had outgrown their relationship with their current working capital lender. They needed funding to be able to work on the new projects and fund...
by Brent Chambers | Jul 16, 2021 | Success Stories
Client: Drywall and roofing contractor in Florida Situation: The company took on larger contracts and did not have the credit limit with their suppliers or available capital to purchase the needed materials. Solution: $150,000 in Materials Finance Result: Capital Plus...
