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
- A $100,000 receivables facility to a mechanical contractor in Texas
- $100,000 in material financing to a steel fabricator in Florida
- A $500,000 material financing facility to a concrete company in Texas
- A $6 million receivables facility to a steel fabricating contractor in New York
- A $500,000 receivables facility to a fiber optic utility contractor in Georgia
- $2.7 million in funding to a steel fabricating contractor in Arkansas
- $100,000 in materials funding for a flooring contractor operating in Illinois