Resources
General Blog
How Material Financing Can Ease Construction Supply Chain DelaysConstruction projects often involve multiple stakeholders, complex logistics, and a significant amount of materials. Timely delivery of these materials is crucial to keeping your project on schedule and within budget. Oftentimes, construction projects are susceptible to delays caused by supply chain disruptions. These delays can lead to increased costs and project overruns, ultimately impacting your...
General Blog
8 Must-Have Apps for Contractors and SubcontractorsThe most important tool in a contractor’s toolbox is no longer their hammer or tape measure; it has become their smartphone or iPad. These tools allow all contractors to work smarter and not harder helping you with all aspects of the job. We have compiled a list of 8 popular apps created to help all...
General Blog
How Material Financing Can Prepare Your Company For 2023’s Uncertain ForecastIn our last blog, we discussed the impacts of a broken supply chain; a lack of labor, both in quality and quantity; and inflation in the construction industry. We stated that the crystal ball for 2023 was already extremely fuzzy; however, the forecast for the future may be even more unpredictable than originally thought, given...
General Blog
The Construction Industry - Post PandemicThe last three years have been a crazy ride for all of us, especially in the construction industry. The journey began with the onset of the pandemic in which the national, if not global, response to the virus was to shut everything down that was not considered “essential.” And if the industry did not shut...
Press Releases
CapitalPlus Construction Services Sponsors Crisis Management Room at East Tennessee Children's HospitalThe Knoxville, Tennessee-based construction financing company donated the funds to help provide a calm space for area children and their families KNOXVILLE, Tenn., Feb. 7, 2022 /PRNewswire/ — CapitalPlus Construction Services, a leading provider of accounts receivable and material financing for construction companies, general contractors, subcontractors and disaster recovery providers, donated $25,000 to East Tennessee...
Press Releases
CapitalPlus Construction Services was Named to ABF Journal's list of Most Innovative Companies in Specialty FinanceThe Tennessee-based company earns a spot based on its response to COVID-19 limitations that restricted the construction industry KNOXVILLE, Tenn., Sept. 27, 2021 /PRNewswire/ — CapitalPlus Construction Services, a leading provider of accounts receivable and material financing for construction companies, general contractors, subcontractors and disaster recovery providers, has been recognized by the ABF Journal as...
General Blog
Tips for Summer Safety on the Construction SiteMore on-the-job construction injuries occur in summer than in any other season. August is a particularly bad month for workplace injuries in construction. You can reduce your chances of you or your team suffering an injury while on the job site by following a few key construction summer safety tips. Summertime Heat Hazards Fatigue Fatigue...
News
Supporting New Projects, Materials, and GrowthCapitalPlus Construction Services, a leading provider of accounts receivable financing and materials finance for the construction industry, is helping construction firms with the steady cash flow that is so crucial to taking on new business. With increased materials costs due to the pandemic, increased wage pressure due to the labor shortage, and delayed project payments...
Press Releases
CapitalPlus Construction Services Sponsors Crisis Management Room at East Tennessee Children's HospitalThe Knoxville, Tennessee-based construction financing company donated the funds to help provide a calm space for area children and their families KNOXVILLE, Tenn., Feb. 7, 2022 /PRNewswire/ — CapitalPlus Construction Services, a leading provider of accounts receivable and material financing for construction companies, general contractors, subcontractors and disaster recovery providers, donated $25,000 to East Tennessee...
Press Releases
CapitalPlus Construction Services was Named to ABF Journal's list of Most Innovative Companies in Specialty FinanceThe Tennessee-based company earns a spot based on its response to COVID-19 limitations that restricted the construction industry KNOXVILLE, Tenn., Sept. 27, 2021 /PRNewswire/ — CapitalPlus Construction Services, a leading provider of accounts receivable and material financing for construction companies, general contractors, subcontractors and disaster recovery providers, has been recognized by the ABF Journal as...
Press Releases
CapitalPlus Launches New Materials Financing ProductCapitalPlus Construction Services launched a new Materials Financing product to help contractors and subcontractors in all trades access mission-critical materials without tying up their capital. “The cash flow of companies in the construction industry was hit hard by the pandemic, with many projects paused or canceled outright,” explained Scott Applegate, President of CapitalPlus Construction Services....
General Blog
How Material Financing Can Ease Construction Supply Chain DelaysConstruction projects often involve multiple stakeholders, complex logistics, and a significant amount of materials. Timely delivery of these materials is crucial to keeping your project on schedule and within budget. Oftentimes, construction projects are susceptible to delays caused by supply chain disruptions. These delays can lead to increased costs and project overruns, ultimately impacting your...
General Blog
8 Must-Have Apps for Contractors and SubcontractorsThe most important tool in a contractor’s toolbox is no longer their hammer or tape measure; it has become their smartphone or iPad. These tools allow all contractors to work smarter and not harder helping you with all aspects of the job. We have compiled a list of 8 popular apps created to help all...
General Blog
How Material Financing Can Prepare Your Company For 2023’s Uncertain ForecastIn our last blog, we discussed the impacts of a broken supply chain; a lack of labor, both in quality and quantity; and inflation in the construction industry. We stated that the crystal ball for 2023 was already extremely fuzzy; however, the forecast for the future may be even more unpredictable than originally thought, given...
General Blog
The Construction Industry - Post PandemicThe last three years have been a crazy ride for all of us, especially in the construction industry. The journey began with the onset of the pandemic in which the national, if not global, response to the virus was to shut everything down that was not considered “essential.” And if the industry did not shut...
General Blog
Tips for Summer Safety on the Construction SiteMore on-the-job construction injuries occur in summer than in any other season. August is a particularly bad month for workplace injuries in construction. You can reduce your chances of you or your team suffering an injury while on the job site by following a few key construction summer safety tips. Summertime Heat Hazards Fatigue Fatigue...
General Blog
Top Must-Have Apps for Construction ContractorsIf you want to win bids and build more authority with your clients through well-managed projects, you need to download these apps for construction contractors. They are designed to help companies like yours compete in an ever-increasingly digital landscape. From time management, to budgeting, to invoices and beyond, these apps will help you do better...
General Blog
Finding Working Capital for Construction Companies: Challenges and SolutionsEnsuring sufficient working capital for your construction company can be tricky. As a business owner, you know there are multiple challenges you may face on a regular basis that threaten the financial health of your company. Some of these challenges are unavoidable. Some, however, can be greatly mitigated with better systems, policies, and procedures. If...
General Blog
Is Invoice Factoring Right for Your Construction Company?Construction companies with cash flow problems find that factoring invoices is a way to continue to grow their business, even with late-paying clients. There are many advantages to invoice factoring for construction companies, but there can be a few disadvantages as well. Read on to learn about the various pros and cons of factoring to discover...