Construction Factoring
Construction Factoring
Get the money you are owed today! Advance up to 80% of Your Construction Invoices with Construction Factoring.
WHAT IS CONSTRUCTION FACTORING?
Construction factoring is an advance against open invoices and not a loan. Once you pledge your accounts receivable to a factor, you will receive an advance of up to 80% of the invoice in cash. The factor we'll return the remaining balance less fees and interest as the receivables are collected. Many contractors rely on construction factoring to bridge the gap between performing their job and receiving payments on invoices. In order to take on multiple jobs at once and cover recurring expenses (ie. meeting payroll, purchasing supplies, negotiating contracts with suppliers, investing in company growth) contractors often utilize factoring to keep the cash flow they need consistent.
Construction factors play an extremely important role by making sure that contractors have sufficient cash flow to keep short term expenses covered and take on other projects simultaneously. Construction Factoring is a great way for contractors to receive the working capital they need to cover short term expenses, take on multiple projects at once, and accelerate company growth.
At Green Capital Funding, LLC we work with a large network of factors that want to invest in the success of your business. We will develop a strategic partnership with your business and find you the most competitive rates and terms. At Green Capital Funding, LLC We work with many well-capitalized lenders that are aggressively lending. Many of our clients, companies just like yours, can receive the working capital they need even in today's hard economic times. Turn your future sales into cash NOW, and gain the working capital and the peace of mind your company needs to succeed. Get a Free Quote Today from Green Capital Funding, LLC.
THE PROCESS
WHO SHOULD APPLY FOR CONSTRUCTION FACTORING?
- Businesses of all sizes and types that sell goods or services to credit worthy commercial accounts.
- Contractors that require working capital to pay operating expenses while working on a project.
- Contractors that need consistent cash flow to keep multiple jobs going and ensure that their suppliers are all paid.
- Contractors that are interested in accelerating company growth and taking on larger jobs and commitments.
BENEFITS OF CONSTRUCTION FACTORING
Speed & Improved Liquidity - Bridge the gap between invoices and collection, and access up to 80% of the cash tied up in your invoices within 24 hours of verification with our Factoring services. |
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Less Work for You - Alleviate the administrative burden of chasing outstanding invoices with our credit and collections services. |
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Opportunity for Growth - Take advantage of growth and acquisition opportunities with funding that grows with you. |