Construction invoice factoring companies provide flexible progress billing funding options for subcontractors and other businesses in the construction industry.
Progress Billing Factoring
Factoring is an excellent funding solution for subcontractors who invoice their clients using a progress billing schedule.
Manage Project Timelines More Effectively
By leveraging their outstanding progress billing invoices, subcontractors can maintain liquidity and manage their project timelines more effectively.
This allows them to pay for materials, labor, and other expenses without delay. As a result, subcontractors can focus on delivering quality work while ensuring their cash flow remains stable throughout the project's duration.
General Qualifications: Key Accounts
- Our client must carry out the project work themselves with minimal outsourcing
- Track record of profitable bidding and execution
- Able to produce accurate financials and Work In Progress (WIP) reporting
- Have a diversity of project sizes and lengths
- Accounts receivable must exceed accounts payable
Construction Sectors
Our team of construction factoring experts includes strategic partners with a funding range that covers the whole country and subcontractors servicing many sectors, including:
- Appraisers and Architects
- Asphalt-Concrete
- Demolition
- Directional Drilling
- Electrical Engineers
- Excavation and Hauling.
- HVAC
- Interior Finish
- Painting—Paving
- Plumbing
- High Voltage—Low Voltage
- Roofing
- Structural Steel
- Surveyors
- Underground Utilities
More Information
For additional information on how progress billing factoring can benefit your construction business, please fill out this short form. A member of our team will contact you shortly.
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