Success StoriesWe give you the tools you need to build business, and the bottom line.
We’re thrilled to use our industry expertise and construction financing solutions to help our clients grow and succeed. Take a look at how our solutions have helped other companies like yours.
Client: A South Carolina building supplier
Situation: This company specializes in delivering construction supplies overseas for the U.S. military, but slow-paying government contracts left him in a cash flow gap.
Solution: $100,000 Construction Factoring Facility
Result: Immediate access to funds enabled them to bridge the gap of their 45-day payment terms and start purchasing materials for their next delivery.
Client: A Connecticut roofing and siding contractor
Situation: The company took on a new, sizable contract that had extended payment terms which squeezed their cash flow and put vendor payments in jeopardy.
Solution: $450,000 Construction Factoring Facility
Result: The company was able to meet their weekly payroll and make timely payments to their vendors.
Client: A Colorado framing contractor
Situation: A cash flow gap left them unable to purchase materials for upcoming projects.
Solution: $65,000 of a $100,000 Spot Factoring Facility
Result: With funding from the first round of invoices, the company was able to purchase materials and commit to taking on more homes.
Client: A FEMA Contractor in Texas
Situation: This contractor had an opportunity to rebuild homes damaged by Hurricane Harvey that would double their workload, but needed extra liquidity to hire more workers and purchase supplies up front.
Solution: $250,000 Construction Factoring Facility
Result: With funding from the first round of invoices, they were able to purchase the needed materials and hire the workforce needed to grow their business and taking on the extra projects.
Client: Excavating contractor based in Tennessee
Situation: Seasonal fluctuation and less work during the rainy winter season left this contractor without the cash flow he needed to meet monthly bills.
Solution: Continued funding of a $2,200,000 contract
Result: The excavator was able to outlast the rainy weather months and pay off some of their aging vendor payment.
Client: An interior construction company in New York City
Situation: This contractor was working on luxury apartments with high overhead for materials and payroll and needed occasional infusions of cash.
Solution: $175,000 Funding of final invoice on a $3,400,000 contract
Result: By working with CapitalPlus for all invoices on the project, from shop drawings and purchasing initial materials to payroll, this company was able to purchase needed materials, meet payroll and make timely vendor payments.
Client: A Texas civil works contractor
Situation: The company had a large new project but needed additional working capital for materials and labor.
Solution: $1,000,000 Construction Factoring Facility
Result: By factoring the first invoice on the new project, the contractor was able to purchase needed materials, pay their subcontractors and meet their weekly payroll.
Client: California HVAC contractor
Situation: During the coronavirus pandemic, this firm had important work to do but needed additional working capital.
Solution: $2,000,000 Construction Factoring Facility
Result: The contractor will be able to weather this financial storm and meet their vendor payments and weekly payroll.
Client: A Georgia painting and drywall company
Situation: This contractor was offered several projects at the same time but needed added cash flow to ramp up his workforce and purchase materials.
Solution: $125,000 Construction Factoring Facility
Result: The company was able to support the workforce needed to complete the projects on schedule.
Client: A North Carolina interior and roofing contractor
Situation: This company was awarded a large military government contract and needed to increase their labor force.
Solution: $2,400,000 Construction Factoring Facility
Result: The contractor hired the workforce needed for the new contract, made timely vendor payments, and used the extra working capital to start another project.