CapitalPlus Funds $2.3MM to Provide Stable Foundation for Contractors

In October, CapitalPlus Construction Services, a provider of accounts receivable financing for the construction industry, completed $2.3 million in transactions, including:

  • A $1.5 million construction factoring facility for a civil engineering firm in Texas as its previously-canceled projects were restarted.

  • A $500,000 construction factoring facility for a directional drilling contractor in Oklahoma to switch from its current factor, which would not factor progress billing invoices.

  • A $200,000 construction factoring facility for a Miami mill-work and cabinetry company.

  • A $100,000 construction factoring facility for a security equipment installer in Indiana so it could take on multiple projects simultaneously.

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eCapital Provides $3.9MM in Factoring Facilities to Consumer Electronics Distributor and Veteran-Owned Staffing Company

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Crestmark Secures More Than $11MM in ABL Solutions in H2/Oct