Construction Invoice Factoring-
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You don’t have to wait 30-60-90 days for customers to pay their invoices. CapitalPlus’ invoice factoring provides immediate access to cash so you can keep building your construction business.

How does CapitalPlus' invoice factoring work?

It’s pretty simple (and fast). We buy your unpaid construction invoices and then quickly provide a percentage of the face value. When your customers pay we send you the balance, less a finance fee. In the meantime, you have a large portion of your money in hand to use for what you need. No waiting for months to get paid.

And invoice factoring is not just a quick cash flow solution, but you will also receive back-office support like lien compliance and risk management support that few invoice factoring companies offer.

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How can I use the money?

When your company takes advantage of factoring from CapitalPlus you can use the money as you see fit. This enables you to:

  • pay off creditors
  • make payroll or hire new employees
  • maintain overhead expenses
  • pay taxes
  • compete for larger jobs
  • pay subcontractors and suppliers early – they will be more willing to work with you in the future!
  • it’s up to you!

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How do I know if invoice factoring is right for my construction business?

To determine if invoice factoring is right for your company, consider the following:

  • your cash flow needs: Invoice factoring can provide quick cash to help improve cash flow.
  • your clients’ credit: Invoice factoring may be a good option if your invoices are held by clients with a good credit rating. Remember, your credit is NOT taken into consideration, so new businesses are not penalized.
  • your education of the cost: We will help you clearly understand the factoring rate upfront so you are comfortable with our relationship.

But the best way to know is to give us a call at 865-670-2345 or we can call you to discuss details.

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How do I know that CapitalPlus is the best factoring company for me?

For over two decades, we have dedicated our focus solely to the construction industry. Our team consists of tightly educated and experienced professionals in both construction and finance, making us uniquely qualified to understand your business’s challenges and support your cash flow needs.

What sets us apart is our commitment to providing individualized service. We are not a giant, impersonal corporation or a cold, faceless mobile app. Our success is directly tied to your success, and that’s why we take pride in building a strong working relationship with you.

And if our funding solutions aren’t the perfect fit, no worries! We’re always happy to recommend other factoring companies that we trust and think might be a better match for your situation.

So, there’s really little to lose by reaching out to us. Give us a call or request a quote today!

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Get a Quote Today!

Don’t wait, talk with our team and learn how factoring can help your business.

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How can CapitalPlus help you?

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Companies We Work With

There are many other factoring companies out there. Large and impersonal, you are probably just a number to them. But because we only work with construction companies, we know your specific problems and goals. We have decades of experience factoring invoices and empowering general contractors and subcontractors across many sub-trades including but not limited to:

  • Asphalt Services
  • Concrete Contractors
  • Demolition Companies
  • Directional Drilling Companies
  • Electricians
  • Excavation and Hauling
  • HVAC Contractors
  • Interior Finish Services
  • Painting Contractors
  • Paving Companies
  • Plumbing Contractors
  • Roofing Contractors
  • Structural Steel Contractors
  • Underground Utilities
  • And more!
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Benefits of Working with

We finance from $50,000 – $10 million.

You can get cash as soon as 48 hours after approval... compared to traditional commercial construction loans that can take months to get fully funded.

We will work with construction companies that have limited or no credit history.

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

We are a direct funding source - our decision-makers are in our office, not across the world.

Long-term contracts are not mandatory.

There are no monthly minimums.

Our fee structure is transparent: no "nickel and diming" or hidden charges.

Our factoring replaces bank loans that can impede your growth.

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

We work with other lenders (e.g., banks, PO, and ABL lenders) for refinancing and restructuring of facilities.

We are here to answer your factoring questions.

Our experienced construction-only factoring experts are ready to help you get control of your finances and build for the future. Contact us at 865-670-2345.

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Asked Questions

If you are new to factoring or CapitalPlus Financial Services we hope that these FAQs will give you the information you need to make the right decision for your company’s working capital and bookkeeping needs.

Receivable Financing, also referred to as factoring, is selling the right to payment to receivables or invoices to a factor at a small discounted rate from face value so that you do not have to wait the normal 45-60 days for payment. Over a billion dollars are provided to businesses each year through receivable financing. It is a financial service used by a wide range of companies, from multi-million-dollar corporations to small privately held companies.

When we purchase an invoice, we do so at a discount rate. Or put another way, we advance you a percentage of the face value of the invoice. This advance varies based on the situation, your needs as our client, and an overall risk assessment. We are 100% transparent about our fees so you will never be surprised.

When we purchase an invoice, we will typically advance a portion of the invoice. The rest is held in a reserve. When we receive payment from your customer the reserve becomes real money and is wired back to you, less our fee.

It provides an immediate source of cash flow for your company which you can use to take on more or larger projects, for working capital, to meet payroll, pay taxes, replenish inventory, increase advertising, purchase equipment, improve your credit rating, and so much more.

You provide CapitalPlus with the original invoice and purchase order or contract, and we advance you a percentage of the amount that will be paid to you by your customer. The percentage that is not included in the advance is held in what we call the reserves. When CapitalPlus collects the total amount due on these invoices from your customers and refunds we send you the reserve balance to you less our fee.

The established factoring fee is a percentage of the purchase amount and the length of time it takes to collect. The amount is driven by the risk of each purchase, the pay term, and the volume of factoring. You will know the fee before you agree to anything.

It is your choice how frequently you provide invoices for purchase. Just like buying in bulk at your favorite grocery store, you can receive a discount for committing to a higher volume of invoices. When you reach out for the first time, you will be assigned an Executive Account Representative. Tell your representative your needs and we will help you understand how you get the most out of factoring for the best price.

No. The name on the check remains that of our customer (yours). You will be required to change the remittance address that sends the check to our lock box.

No. Most contracts specifically define how your invoices should be prepared and when they should be submitted. We have contract experts on staff who can help you understand the requirements and help you comply with invoice formats and other issues.



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