Atlanta’s Logical Choice for Construction Factoring
As America’s trusted construction factoring company, we are dedicated to providing construction businesses around Atlanta (and the rest of Georgia) with tailored invoice factoring solutions to bridge cash flow gaps efficiently.
Construction Factoring… A Lifesaver for Your Construction Business
Does this sound familiar? Your slow-paying clients are making it impossible to pay bills jeopardizing your business. Maybe this? Company growth is taxing your working capital, limiting your ability to take advantage of even more projects. We can help. We can quickly offer you alternatives to bank loan that provide you with cash so you can keep doing what you do best… building.
In most cases, invoice factoring can be a quick and painless process.
How Our Factoring Works for Your Construction Business:
- Sign up to be a CapitalPlus client.
- Sell your invoices to CapitalPlus.
- Receive your advance, typically 80%, in as soon as 48 hours.
- After the invoices are paid in full, CapitalPlus will send you the remaining balance, minus a factoring fee.
Solving financial issues can really be that simple!
Get Cash Flow Relief Today!
Learn about how factoring will look in your company. Give us a call at (865) 670-2345 or schedule a call with our team:
Why Atlanta Construction Businesses Choose CapitalPlus
Funding construction businesses is all we do.
Yes, there are several factoring companies in Georgia offering services. However, few focus solely on the construction sector. One notable exception is CapitalPlus Financial. Focusing solely on construction factoring for over 25 years, we have provided tailored financial solutions to contractors and subcontractors, addressing the unique cash flow challenges of the construction industry.
We understand the importance of construction to the world. That’s why we have the mission: “We keep you building.“
Serving Only Construction-related Trades
Unlike generic funding programs with questionable fit, CapitalPlus has extensive experience across Atlanta and the rest of the US, supporting trades from asphalt to underground utilities. Our with our invoice factoring options help you make payroll, pay suppliers and subcontractors, and purchase working materials.
Some of the many construction areas we have helped across Georgia:
- Asphalt
- Concrete
- Demolition
- Drilling
- Electrical
- Excavation and Hauling
- High Voltage & Low Voltage Contractors
- HVAC
- Interior Finish
- Paving
- Painting
- Plumbing
- Rebar
- Roofing
- Structural Steel
- Underground Utilities
If you are looking for a factoring company in and around Atlanta, give us a call at (865) 670-2345 or schedule a short call.
Real-world Examples — How CapitalPlus Has Helped Construction Companies Across Georgia
A government guardrail and repair contractor based in Atlanta
CapitalPlus was able to factor three invoices totaling $100,000. This allowed them to start the second phase of their project and meet their payroll needs.
Atlanta-based fiber and utility contractor
This contractor was starting to get stretched by their largest customer (Georgia Power). Due to the slowdown in payment, the contractor was having to be more conservative with their bids. Of course, this slowed their growth. With CapitalPlus’ $500,000 facility speeding up their payment by 60 days, the client was able to take on more work with Georgia Power while still bidding on additional work.
A painting and drywall contractor in Douglasville
This contractor was offered several projects at the same time. But their cash flow was not up to supporting the workforce needed to complete all scheduled jobs. They factored $125,000, purchasing materials and meeting their weekly payroll.
A commercial surface (granite and quartz) fabricator in Chamblee
With a $500,000 factoring facility, this North Atlanta fabricator was able to pay off a high-interest short-term loan, catch up on aging payable, and have the working capital to take on multiple projects at once.
Why work with a local factoring company in the Southeastern US?
Based in Knoxville Tennessee, CapitalPlus has offered custom invoice factoring solutions to the construction industry since 1998. We understand the unique needs of construction business, especially ones located in the South.
National Reputation, Local Service
- Speed of decisions: With decision-makers here on-site, we’re able to respond and ultimately fund you quickly. When we give you updates, we walk down the hall, not message someone across the country hoping to hear back.
- Personalized service and attention: Unlike large institutions where clients may feel like just another account, we prioritize a hands-on, individualized approach. As a locally rooted company, CapitalPlus ensures you have direct access to professionals who understand the unique demands of construction businesses in Atlanta, across Georgia, and throughout the South.
- Stronger local network and relationships: Decades of working in the Southeast has allowed us to cultivate a strong network of connections with local industry players. This local (and national) network can be beneficial to your business as we love making connections with our clients, subcontractors, and key partners within our network.
- Flexibility in funding options: National factoring companies often have “cookie cutter” funding programs that may not be as flexible or adaptable to the unique requirements of your business. Working with a factoring company based in Knoxville means more flexibility in structuring funding solutions tailored to your specific business’s needs, project size, and cash flow cycles. We take into account variations in billing practices, retainage, or milestone-based payments that are common in construction.
- A better understanding of local regulations and legalities: Because local construction projects are governed by regulations that differ from region to region, our years of experience allows us to navigate these specific requirements more effectively. Our experience supports you as we monitor liens, help with your booking, and offer other risk management that reduce compliance-related challenges.
Start working with Atlanta’s go-to choice in Construction Factoring by giving us a call at (865) 670-2345 or schedule a call with our team:
Atlanta Georgia… A Proud Construction Leader
In recent years, Atlanta and the Southern U.S. have gained recognition as a booming center for the construction industry. Here are some of the main reasons behind the area’s strong construction sector growth:
- Population Growth: Atlanta and its surrounding suburbs, like McDonough, Marietta, Kennesaw, and Alpharetta, have had significant population growth over the past five years. This inflow has increased demand for not just residential construction but also commercial projects such as retail space and infrastructure.
- Strong Economy: As one of the fastest-growing economies in the Southeast, Atlanta attracts significant business investment, which drives demand for new commercial and industrial construction projects. The city’s diverse economy, including the tech, film, finance, and logistics industries, continues to create demand for construction.
- Transportation Infrastructure: Atlanta’s status as a major transportation hub, with the Hartsfield-Jackson International Airport and several major interstates, makes it a prime location for logistics and distribution centers. This connectivity spurs projects like warehouses, road expansions, and commercial developments to accommodate growing needs.
- Business-Friendly Climate: Georgia’s pro-business environment, with favorable tax incentives and minimal regulatory obstacles, attracts companies from across the nation. This business growth requires new office buildings, production facilities, and renovations, keeping the construction industry robust in the Atlanta area.
- Educational and Medical Expansion: The area’s numerous universities, colleges, and renowned medical centers continually expand to accommodate increasing student populations and healthcare advancements. These expansions drive a steady need for construction.
- Urban Redevelopment Initiatives: Atlanta has committed to revitalizing and redeveloping older neighborhoods and downtown districts. Projects like the Atlanta BeltLine and similar urban developments are transforming unused areas into vibrant residential and commercial spaces.
- Booming Film Industry: Atlanta’s emergence as a major film and TV production center has led to increased demand for film studios, production facilities, and supporting infrastructure. This growth contributes to construction jobs and projects throughout the metro and surrounding areas.
- Geographic Appeal: Atlanta’s central location in the Southeast makes it an ideal base for contractors to manage projects across multiple states, reducing costs. Additionally, situated along I-75, a main corridor to the tourist destinations in Florida, Atlanta has become a tourist hub in its own right. Attractions like the World of Coca-Cola, Georgia Aquarium, and several major sports teams draw millions of visitors each year. These businesses, both at inception and through ongoing expansions, require substantial construction support.
Let Us Help You Continue Building
Our team wants to answer all your questions about factoring or other financial solutions – contact us today.