For roofing contractors, managing cash flow efficiently is paramount—not just for sustaining operations but for fueling growth. Juggling multiple projects with extended payment terms often strains financial resources. In fact, the Small Business Administration states that a large part of why most roofing contractors’ businesses fail is due to financial issues. This is why you ..read more

Knoxville, TN – April 2, 2024 – CapitalPlus Financial Services, a leading provider of receivables financing for the construction industry, is pleased to announce the successful funding of a $1.25 million working capital facility for a finishing contractor based in Reno Nevada ..read more

What are the top reasons why banks say no to construction loans? We discuss this question with Mike Matousek, getting his unique insight having spent 14 years as a Senior Loan Officer at BrightBridge Capital and CFO for a construction firm before that ..read more

When you’re an electrical contractor, managing cash flow effectively is not just a skill—it’s an art. One financial tool that stands out for its ability to bridge the gap between project completion and payment is invoice factoring for electrical contractors. This solution not only ensures that your working capital remains available but also empowers your ..read more

In bustling cities like Dallas and New York, the role of concrete contractors and subcontractors is undeniable. They literally lay the groundwork for the buildings that cover our entire country. Yet, while common in all areas of construction, these players often face a common issue: navigating the gap between project completion and payment—a challenge that ..read more

Knoxville, TN – February 28, 2024 – CapitalPlus Financial Services, a leading provider of customized working capital solutions for the construction industry, has successfully facilitated $250,000 in funding for an Oregon-based site development company experiencing growth challenges. The company, seeking to expand its operations in 2024 by bidding on larger commercial projects, faced cash flow ..read more

Once you have decided to use factoring as a way to increase the cash flow for your business, you have to decide which factoring company is right for you. The first thing to look for in a factoring company is that they have experience working with companies in your industry. Once you have narrowed the ..read more

In the dynamic world of construction, financial foresight is not just beneficial – it’s essential. Having a backup plan for unexpected financial challenges is crucial. One such strategy is setting up an accounts receivable (AR) factoring account. Even if you don’t anticipate using it immediately (or ever), the benefits of being proactive will save you ..read more

The Tennessee-based company earns recognition based on its response to COVID-19 limitations that restricted the construction industry KNOXVILLE, Tenn., Sept. 27, 2021 /PRNewswire/ — CapitalPlus Financial Services, a leading provider of accounts receivable and material financing for construction companies, general contractors, subcontractors, and disaster recovery providers, has been recognized by the ABF Journal as one ..read more

Accounts Receivable Factoring is often used in business to help bridge day-to-day cash flow gaps. Learn about this financial option and the criteria to decide when it is the right solution for businesses like construction ..read more