Construction Invoice Factoring Services
Attention construction companies, are your slower paying customers slowing down your growth? Factoringast.com can provide a solution by providing construction invoice factoring. Our invoice funding program for construction provides immediate cash for your invoices boosting your cash flow.
Once you are set up for construction invoice factoring services you will have the cash available to pay suppliers, meet payroll, and take care of day to day expenses common in the construction industry. We offer one of the few true construction invoice factoring programs available in the industry. Most factoring companies will not provide any invoice financing help if its construction related or includes progress billing. We are fine with your commercial construction invoices, progress billing invoices, and even paid when paid invoices.
We understand you need predictable cash flow from a lender that is not afraid of the construction industry. Our online invoice submission portal makes the process simply and easy so you can focus on your projects and not worry about when the next payment is going to arrive.
We can handle a wide range of invoice factoring services. Whether you are building in downtown Chicago or in the oilfields of Texas we want to be your cash flow partner.
Unlike most traditional banks we have extensive experience funding construction projects by funding accounts receivables.
Questions? Call us (toll free). We are available to talk 7 days per week.
THESE ARE JUST A FEW OF THE CONSTRUCTION INDUSTRIES THAT WE CAN OFFER INVOICE FACTORING
- – Asphalt Projects
- – Concrete
- – Underground Utilities
- – Roofing Including Insurance Work
- – Steel Erection and Fabrication
- – Plumbing
- – Road Paving
- – Excavation Work
- – Commercial HVAC
Stop letting delayed payments slow your construction company down. Our construction funding programs can get you back in a cash strong business cycle.
HOW DOES CONSTRUCTION INVOICE FACTORING WORK?:
- – Apply for a construction invoice factoring quote via our online application or by calling 1-888-897-5470.
- – After getting your quote application we will get to work and let you know what we can offer.
- – Once you have agreed to our terms we will get you set up for online submission of invoices for funding.
- – You send your original invoices and with any other backup items that your customer may require for billing. We also offer fax and image scanning to reduce paper work in some cases.
- – Before funding occurs we will perform Due Diligence and confirm your company does not have any liens or legal issues.
- – We verify your invoices and make the advance electronically to your business checking account. The advance is generally 70% to 85% depending on the credit worthiness of your customers and your industry. Your customers then sends the payments to us. After the payment is received the remaining amount in reserve available to you less the factoring fee.
GET STARTED WITH CONSTRUCTION INVOICE FACTORING NOW!
Have invoices you need paid on now? Give us a call at 1-888-897-5470 and we can start the invoice factoring process. We will respond to all online inquiries within one business day.
We are currently offering construction invoice factoring services nationwide and this is why it makes sense to give us a try.
We don’t require monthly minimums.
No long term contracts.
Quick decision making with respect for your time
Over 20 years experience in the construction industry
Start ups and limited credit is OK for us