CapitalPlus Financial Services, a leading provider of accounts receivable financing for the construction industry, provided over $17 Million in receivables purchasing facilities during the first quarter of 2019 to help clients achieve their full growth potential.
Representative transactions included:
- $1,200,000 receivables financing to one of the largest commercial masonry contractors in Maryland
- $160,000 spot factoring to a commercial electrical contractor in Pennsylvania
- $200,000 factoring line to a framing and drywall contractor in Georgia
- $75,000 factoring line to a commercial masonry contractor in Maryland
- $20,000 factoring line to a commercial electrician in California
- $69,000 factoring facility to a commercial concrete contractor in Indiana
- $180,000 receivables financing facility to a commercial refrigeration repair and service provider in Washington
