CapitalPlus Construction Services Provides $1.5MM in Financing to Residential Developer

CapitalPlus Construction Services, a specialty finance company that operates exclusively in the construction industry, funded $1.5 million worth of drywall for a Florida-based residential development project.

With this facility, the contractor was able to keep more cash on hand and pay for labor throughout the life of the job. Because CapitalPlus provided the client with extended terms on materials, the client had enough working capital to ensure the project progressed smoothly while it maintained its relationship with its preferred supplier.