CapitalPlus Construction Services Provides $2.4MM in Recent Financing Transactions

CapitalPlus Construction Services recently provided $2.4 million in factoring and materials financing to seven clients, including:

•  A $1 million construction factoring facility for a Florida-based concrete rebar contractor to take on new opportunities with Amazon

• A $450,000 construction factoring facility for a Connecticut-based concrete contractor to meet payroll and vendor payments

• A $250,000 construction factoring facility for a Southern California-based electrical contractor to fund growth

• $250,000 in materials finance for a Florida-based drywall contractor to reserve current cash flow for payroll

• $150,000 in materials finance for a Florida-based drywall and roofing contractor to free up cash flow for labor

• A $150,000 construction factoring facility for a Texas-based traffic control subcontractor to take on a Texas Department of Transportation contract

• $150,000 in materials finance for a New York-based underground piping contractor for an immediate materials purchase