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CapitalPlus’ June Factoring Facilities Help Contractors Reignite Projects

byPhil Neuffer
August 13, 2020
in News

CapitalPlus Construction Services, a provider of accounts receivable financing for the construction industry, completed several factoring transactions in June, including:

  • $3.2 million funding of a $7 million construction factoring facility for a flooring contractor in Illinois
  • _x000D_

  • $500,000 of a $2 million construction factoring facility for a painting and drywall contractor in Louisiana
  • _x000D_

  • A $407,000 construction factoring facility for a phase one demolition invoice on a $10.6 million contract for a demolition, excavation and drilling contractor in New York
  • _x000D_

  • $100,000 spot factoring for an interior/exterior retail construction firm in South Carolina
  • _x000D_

  • $42,000 funding of a $100,000 construction factoring facility for a renovation contractor in Maryland
  • _x000D_

  • $15,000 initial funding of a $500,000 construction factoring facility for a finishing contractor in Maryland
  • _x000D_

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