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 masonry contractor based in Maryland
Situation: This existing CapitalPlus customer had an opportunity to take on a $300,000 contract but needed working capital for added payroll.
Solution: $11,000 Factoring Facility
Result: The company was able to take on the contract and meet other cashflow needs.
Client: A California Framing Contractor
Situation: Client took on a much larger project than had been performed in the past. The GC payments slowed as the contract evolved
Solution: $280,000 on a $1,400,000 Factoring Facility
Result: The company was able to catch up payments with their vendors and suppliers and have enough cash flow to meet other needs.
Client: A concrete contractor based in Ohio
Situation: This existing CapitalPlus customer is growing rapidly and needed an infusion of working capital to purchase materials.
Solution: $300,000 Factoring Facility on two current projects
Result: The company was able to take on new jobs, purchase materials for upcoming projects, and continue to grow.
Client: A start-up concrete contractor in Florida
Situation: Even with decades of experience, banks were unwilling to offer this entrepreneur a line of credit since the company had been in business less than a year. They had an opportunity to take on a large contract but needed working capital. CapitalPlus conducted due diligence and became comfortable with their debtor so we could offer funding.
Solution: $1,400,000 Factoring Facility
Result: The new company now feels comfortable taking on the large contract and is well on their way toward success.
Client: Texas-based civil construction contractor
Situation: The company took on several large projects that consumed all their working capital and left them unable to meet payroll and vendor bills.
Solution: $1,000,000 Factoring Facility
Result: The company is now able to focus on growth and future projects without worrying about meeting current obligations.
Client: A millwork cabinet and design company in Florida
Situation: One of their debtors was stretching out their payment term which left them in a cash flow crunch. With multiple simultaneous and current projects, they needed an infusion of working capital to stay on track.
Solution: $100,000 Factoring Facility
Result: The company can now keep projects on schedule without having to chase current clients for payment.
Client: Maryland-based Finishing Subcontractor
Situation: An existing CapitalPlus customer, this contractor needed funding for materials on a new project.
Solution: $37,000 Factoring Facility
Result: The additional working capital enabled them to secure materials for the project and continue meeting payroll.
Client: A Production Machinery Installation Company in New Hampshire
Situation: An existing CapitalPlus customer, this company had a great contract with a reputable but slow-paying general contractor.
Solution: $36,000 Factoring Facility on a $90,000 contract
Result: The company was able to take care of their vendors and secure payroll.
Client: Landscape Contractor in Illinois
Situation: This contractor was dealing with change orders and having to wait for payment to be able to purchase materials.
Solution: $300,000 Factoring Facility
Result: The contractor was able to stay on schedule and meet deadline without waiting for payment.
Client: Interior Construction company in New York
Situation: Working on luxury apartments in New York City, this contractor had high overhead for materials and payroll and needed occasional infusions of cash.
Solution: $250,000 Funding of a $3,400,000 Contract
Result: The contractor was able to purchase the needed materials, meet payroll, and make timely vendor payments.