Construction Factoring

Construction factoring can help you meet your financial obligations.  You can have cash right now and  then let us wait on the payment for you.

There are thousands of companies world wide that have grown and prospered as a direct result of factoring. When nothing else filled the bill, factoring was there.

The process is simple. You send us your receivable and we wire cash to your bank account. The fee for this service is generally 2-5% depending on your generals credit rating, volume and amount of time between wire transfer and receivable being paid.

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Key Benefits   

• Faster Payment
• No Debt is Created
• Leverage Off Customers Credit
• Fast and Easy
• Improved Cash Flow
• Continuous Source of Operating Cash

Related Articles:

Contractor Funding Options by Howard Chernin, Electrical Contracting & Engineering News - December 2000

Factors to Consider by Loren Brody, Westchester County Business Journal - January 17, 2000

Raising Capital by Elaine Pofeldt, Success Magazine - May 1999

What Electrical Contractors Need to Know by Howard Chernin, Electrical Contracting & Engineering News - January 2000

How to Improve a Subcontractors Cash Flow by Howard Chernin, New York Construction News (Mcgraw Hill)

Capital Ideas: Financing Options by Paula Lynn Parks, Black Enterprise July 1999

If you would like to learn more about factoring you may want to check out some of these articles. If you are unable to find them just fill out the feedback form below and we can email them to you.

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Last modified: 01/21/12