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.
- $2.4 million receivables financing to a North Carolina-based roofing contractor.
- $1.2 million receivables financing for an Arizona-based steel erection services company.
- $1.5 million factoring line for an Arizona-based engineering and construction firm.
- $190,000 receivables financing for a California-based electrical contractor.
- $150,000 factoring line for a Texas-based cell tower contractor.