Bulk invoice factoring — adding savings to the other benefits
Slow paying clients that make you wait for payment can significantly strain your cash flow. These contracts get in the way of taking on future projects and paying bills. Factoring might be your solution. Your subcontractors and suppliers can be confident they’ll receive payment on time, and you get the quick cash flow you need to keep building.
What is bulk factoring in the Construction Industry?
Imagine the power of invoice factoring but taken to the next level. When you agree to finance many or all of your project’s invoices in advance, you will receive volume discounts. It just makes sense that “bulk” factoring would be cheaper (and happen faster.)
Of course, there is a little prep work involved, but the benefits are real. Call us at 865-670-2345 or schedule a call to learn if your company’s situation can benefit from volume factoring.
Factoring your contracts... simple and fast!
Of all the forms of alternative funding available to the construction industry, supplementing your working capital using factoring can be one of the simplest and quickest.
You will start the bulk factoring process with a quick phone call. After completing the paperwork to become a client and agreeing to a long-term contract, we will buy all your unpaid invoices. You will receive an advance, typically 80%, right away. After the invoice’s project is completed and we receive client payment, we will send your remainder of the invoice value, less our factoring fee.
No more waiting months to get paid!
Learn the details about this volume-based factoring with a call 865-670-2345 or schedule a callback.
Bulk Invoice Factoring: a smart solution for construction companies.
Unlike traditional bank loans or MCAs, factoring in bulk can be a great option for construction businesses in many situations. Factoring can be ideal if you have:
- cash flow challenges — juggling the number while waiting on receivables payments can be a real challenge.
- limited funding options — MCAs and bank loans are not a good fit.
- bad or limited credit — your credit history is NOT the main determinant in assessing your business.
- construction focus — our bulk factoring is designed to best fit construction contractors and subcontractors working with commercial clients.
- a need for more working capital for growth — being able to use factoring like a line of credit means you can bid on and take on larger jobs that your competitors can’t.
Are you a fit? Let’s find out. Request a callback or give us a call: 865-670-2345
Let's Talk!
We are waiting to talk to you about how you can benefit from volume-based factoring of your construction invoices.
How can you use the funds?
When you decide to take advantage of factoring in bulk from CapitalPlus, you can use the money where you need it:
- pay operational expenses
- pay or hire more employees
- pay external help
- purchase equipment
- purchase project materials and supplies
- pay taxes
- …and more!
The choice is up to you!
Why should CapitalPlus be first on your list of financing companies for construction?
Since the day we opened more than 25 years ago, we have focused exclusively on supplying the construction industry with working capital. During that time other financing companies have come and gone, or simply gotten out of helping construction, but we have never lost focus. Our team has been carefully chosen with both construction AND finance knowledge. This means you can trust that we know what we are talking about and won’t steer you wrong.
“We are successful only if you’re successful.” It is this mission we have when providing tailored, individualized service for you. If our funding solutions don’t fulfill this mission, we will always try to connect you with other factoring companies that we have worked with and know they can be as trusted.
See why we have so many 5-star ratings and clients keep coming back. Reach out to us. Give us a call at 865-670-2345 or schedule a short meeting today!
Bulk Invoice Factoring for Construction... and only Construction
Because we work exclusively with construction, you can feel confident that we understand your unique problems and goals. We have decades of experience financing contracts using factoring and have empowered general contractors and subcontractors across countless construction sub-trades:
- Concrete
- Painting
- Paving
- Plumbing
- Roofing
- Steel fabrication
- Underground utilities
- HVAC
- Drywall and interior finishing
- Excavation
- Electrical
- Drilling and boring
- Demolition
- Roofing
Benefits of Volume Financing with
CapitalPlus:
In addition to all the benefits of traditional factoring, bulk invoice factoring of your contacts can add the following benefits:
Aggressive pricing is available when committing to a volume of invoices.
Long-term support you can count on to see a project through completion.
Offering funds control for the length of your project, reduce the burden on your back-office staff.
It gives your preferred subcontractors and vendors comfort that they will promptly receive their payments.
Consistent, early payments give you the ability to negotiate discounts with subcontractors and vendors, helping to reduce financing fees.
What our clients are saying...
Some of the many success stories that our clients tell about the benefits of financing their construction contracts is inspiring.
Jeff D.
“We have used CaptialPlus’ financing options repeatedly over the past year helping us pay for new equipment and payroll. I’m confident that we will continue to use them in the future.”
Ryan G.
“Unfortunately our bank stopped funding my framing business leaving us high and dry. Finding CapitalPlus was a lifesaver!”
Jose C.
“Multiple builds going on at one time made receivables even more painful. We now have breathing room need to work confidently between draws. “
We Keep You Building!
Our experienced financial and construction industry experts are happy to answer all your questions about volume-based factoring – contact us today.
Let's Talk