Spot Factoring is the same as construction factoring only there are no minimums or obligations. You choose which invoices to factor and when to submit them for immediate payment. With spot factoring you simply call us when you need cash, the control is in your hands.

What is Spot Factoring?

Spot Factoring is when you sell unpaid invoices to a factoring company at a discount whenever you need increased cash flow, as your business demands dictate. The factoring company, like CapitalPlus Construction Services, immediately sends you from 70% to 80% of the face value of your unpaid invoices. When your customer pays us, we send you the balance, less a small service fee. In the meantime, you have a large portion of your money to use as you see fit to handle acute cash flow needs. In a nutshell, when you factor with us, we wait to get paid instead of you.