Non-Bonded Commercial Subcontracting Construction Factoring
Working Capital Financing for Construction Companies
Do you do construction work for general contractors or commercial clients? Construction subcontractors usually have to wait for 45-90 days to get paid on their invoices. In the meantime, you still have to cover office, employee, and supplier expenses.
Our construction factoring financing program can advance funds against your invoices, providing funds to pay employees and suppliers. As opposed to other types of financing, construction receivables factoring is easy to get and can be set up in days.
Invoice Factoring for Subcontractors
The most important requirement to qualify is that you do business with reliable general contractors or commercial clients.
Do You Qualify for Construction Receivables Factoring?
- You must do business with general contractors or commercial clients
- The client or GC must be a reliable payer
- Your business must invoice a minimum of $40,000 per month
- Your company must NOT have a performance bond for the invoices you wish to factor with us
The jobs you work on must be commercial or government jobs. As a factoring company for construction, we can fund residential sub-contractors, if you are working for a strong credit, national builder.