CapitalPlus Provides $10.25MM in Receivables Facilities in Q1/22

CapitalPlus Construction Services, a provider of accounts receivable financing for the construction industry, completed several transactions in Q1/22, including:

• $250,000 in material financing to a drywall and painting company in South Carolina

_x000D_

• A $100,000 receivables facility to a mechanical contractor in Texas

_x000D_

• $100,000 in material financing to a steel fabricator in Florida

_x000D_

• A $500,000 material financing facility to a concrete company in Texas

_x000D_

• A $6 million receivables facility to a steel fabricating contractor in New York

_x000D_

• A $500,000 receivables facility to a fiber optic utility contractor in Georgia

_x000D_

• $2.7 million in funding to a steel fabricating contractor in Arkansas

_x000D_

• $100,000 in materials funding for a flooring contractor operating in Illinois

_x000D_