We 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: Concrete contractor based in Connecticut
Situation: The company began to fall behind on their accounts payable due to their debtor stretching payment. They had an opportunity to bid on several potential projects but were unsure they would have the cash flow they needed to take on additional work.
Solution: $450,000 Construction Factoring Facility
Result: With financing in place, the contractor was assured they could meet their weekly payroll and monthly vendor payments, plus take advantage of new bidding opportunities.
Client: Underground piping contractor in New York
Situation: This company was working on a government project in New York City but needed immediate funding for materials.
Solution: $150,000 Materials Finance
Result: The contractor was able to purchase materials for their current project to keep on their tight schedule as well as mobilize and complete shop drawings for a future project.
Client: Traffic control subcontractor based in Texas
Situation: This company was awarded a large Texas Department of Transportation contract, but did not have the funds needed to meet the growing weekly payroll.
Solution: $150,000 Construction Factoring Facility
Result: The company was able to meet their larger weekly payroll without stress and take on more than one or two projects at a time.
Client: Concrete rebar contractor in Florida
Situation: This current CapitalPlus client has been working on Amazon warehouses across the Southeast. Due to exceptional performance, they were asked to work on several more warehouses over the next year and would need to increase their payroll substantially.
Solution: $1,000,000 Construction Factoring Facility
Result: The contractor took advantage of their facility and funded several invoices to generate working capital while waiting to receive payment from their retainage invoices. They were able to start new projects and not stress over meeting their bi-weekly payroll.
Client: Electrical contractor based in Southern California
Situation: This contractor had been awarded several new bids but had outgrown their relationship with their current working capital lender. They needed funding to be able to work on the new projects and fund their sustained growth.
Solution: $250,000 Construction Factoring Facility
Result: CapitalPlus worked with their current lender to manage a smooth transition and provided the additional working capital the company needed to continue to grow.
Client: Drywall and roofing contractor in Florida
Situation: The company took on larger contracts and did not have the credit limit with their suppliers or available capital to purchase the needed materials.
Solution: $150,000 in Materials Finance
Result: Capital Plus purchased drywall and other supplies for a drywall and roofing contractor so they could free up cash flow for labor as well as other projects.
Client: Drywall contractor based in Florida
Situation: This contractor was experiencing rapid growth and was having difficulty with cash flow and ordering the additional supplies.
Solution: $250,000 in Materials Finance
Result: CapitalPlus purchased drywall and other materials so the company could maintain their current cash flow to meet payroll as they grew.
Client: A start-up telecommunications contractor out of California
Situation: This entrepreneur had years of experience in the industry, but had invested all his capital in launching the company, leaving him without any working capital to purchase materials, meet payroll, and take on new opportunities.
Solution: $500,000 Construction Factoring Facility
Result: The firm was able to hire new workers so they could take on more project sites simultaneously, and is now comfortably growing knowing that CapitalPlus will grow with them. They are currently factoring $200,000 per month and plan to double that in the next six months.
Client: A newly formed exterior contractor based in Colorado
Situation: This company took on a major project with one of the country’s top general contractors, but needed working capital for short-term payroll and material obligations on the $850,000 contract.
Solution: $300,000 Construction Factoring Facility
Result: The firm has since doubled the number of employees and is growing sustainably.
Client: A long-term painting and drywall client based in Louisiana
Situation: Many of their projects were postponed in 2020 due to the pandemic. In April 2021, they were thrilled that five of their backlogged projects were kicking off, but they also knew that purchasing materials for five jobs simultaneously would put them in a large cash flow crunch.
Solution: $750,000 Construction Factoring Facility
Result: CapitalPlus worked with the client to increase their factoring facility and modify the advance rate to ensure they could meet the demands of the new work.