CapitalPlus Provides $10.25MM in Receivables Facilities in Q1/22

CapitalPlus Construction Services, a provider of accounts receivable financing for the construction industry, completed several transactions in Q1/22, including:

  • $250,000 in material financing to a drywall and painting company in South Carolina

  • A $100,000 receivables facility to a mechanical contractor in Texas

  • $100,000 in material financing to a steel fabricator in Florida

  • A $500,000 material financing facility to a concrete company in Texas

  • A $6 million receivables facility to a steel fabricating contractor in New York

  • A $500,000 receivables facility to a fiber optic utility contractor in Georgia

  • $2.7 million in funding to a steel fabricating contractor in Arkansas

  • $100,000 in materials funding for a flooring contractor operating in Illinois

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Celtic Capital Provides $1.5MM Line of Credit to Powder Coating Company