by Brent Chambers | Dec 8, 2020 | Success Stories
Client: A fabrication and erection contractor based in FloridaSituation: This company won a sizable contract that required them to purchase materials up front, depleting their cash flow and leaving them unable to meet payroll.Solution: $200,000 Construction Factoring...
by Brent Chambers | Dec 8, 2020 | Success Stories
Client: An architectural millwork contractor in VirginiaSituation: This company was awarded a large project in March and wanted to ensure they had the proper financing in place to execute the scope of work before accepting. CapitalPlus approved them in April, but due...
by Brent Chambers | Dec 8, 2020 | Success Stories
Client: A concrete contractor in TexasSituation: This firm won several contracts from Dollar General for new store builds which would require them to double their payroll. Before taking on the projects, they wanted to ensure they had adequate working capital in...
by Brent Chambers | Nov 8, 2020 | Success Stories
Client: A security equipment installer headquartered in IndianaSituation: This subcontractor had won a contract to install a security fence around a correctional facility in Oklahoma, but payment terms were 90 days. The cash flow gap left them unable to hire...
by Brent Chambers | Nov 8, 2020 | Success Stories
Client: A directional drilling contractor headquartered in OklahomaSituation: The company was working on a project in New Mexico and needed cash flow to meet payroll. But due to progress billing their current factoring company could not fund their invoice.Solution:...
by Brent Chambers | Nov 8, 2020 | Success Stories
Client: A civil engineering contractor based in TexasSituation: Several projects were put on hold due to the COVID-19 construction shutdown. When business reopened, all of the stalled projects restarted at the same time, leaving the firm in a cash flow...
