Daily News: January 29, 2018

Capstone Provides $7.2MM in Factoring Facilities


Capstone Business Funding recently provided $7.2 million in non-recourse factoring facilities to several clients.

Those client facilities included:

  • $1.1 million for a commercial roofing contractor
  • $1 million for an electrical contractor specializing in solar, structural and low voltage wiring
  • $2 million for an internet consumer products marketing firm Capstone Business Funding LLC established
  • $1.1 million for a consulting firm specializing in converting co-ops to condominiums
  • $2 million for a commercial retaining wall and site improvement contractor

Capstone’s Spot Factoring platform provides immediate cash flow to growing companies or companies that are looking for a faster accounts receivable turnover.