CapitalPlus Closes Six Transactions Totaling $10.44MM

CapitalPlus completed six transactions in February for a total of $10.44 million.

Brief details of the transactions are:

• $5 million receivables financing to a Washington-based mechanical contractor.

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• $2.4 million receivables financing to a North Carolina-based roofing contractor.

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• $1.2 million receivables financing for an Arizona-based steel erection services company.

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• $1.5 million factoring line for an Arizona-based engineering and construction firm.

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• $190,000 receivables financing for a California-based electrical contractor.

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• $150,000 factoring line for a Texas-based cell tower contractor.

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