Spot Factoring

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Spot Factoring provides an option, not an obligation.

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.

 

Benefits of Spot Factoring with CapitalPlus

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You use us when you need us with no long-term contracts.

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We can give you cash today for your invoices.

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We work with startup companies who have limited or no credit history.

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We are a direct funding source with decision makers on site.

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We offer in-house underwriting for quick decision-making.

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There are no monthly minimums and no penalties for non-usage.

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Our fee is all-inclusive. No nickel and diming. No wire fees, no hidden charges, no interest charges.

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We provide funding when others won’t, such as funding bonded projects, Pay When Paid contracts, Progress Billing, or when in a distressed situation.

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We work with other lenders, such as P.O. Lenders, for full solution financing.

Improve cash flow, improve business.

(865) 670-2345