Factoring for commercial construction
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  1. #1

    Factoring for commercial construction

    Who is giving 1.5% rates on commercial construction factoring?

    Merchant is looking to factor 100k monthly.

  2. #2
    What's the merchants credit score?

    Does he have any current MCAs out?

    How does he get paid net 30, net 60 etc...

    These are the questions you have to discuss with the merchant to filter out who to send them to.

  3. #3
    Senior Member Reputation points: 136559 Olderguy's Avatar
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    [email protected]
    Reach out to Curt Powell
    (865) 670-2345
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    [email protected]
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
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    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
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  4. #4
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    Quote Originally Posted by aaron4235 View Post
    Who is giving 1.5% rates on commercial construction factoring?

    Merchant is looking to factor 100k monthly.
    You need to be aware of progress billing, AIA contracts, retainage, commercial invoices.
    Last edited by omegafund; 05-14-2025 at 12:51 PM.

  5. #5
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    Quote Originally Posted by aaron4235 View Post
    Who is giving 1.5% rates on commercial construction factoring?

    Merchant is looking to factor 100k monthly.
    I've got a few funds feel free to reach out.
    Midwestern Financial Solutions
    CEO
    Office - (954) 694-6402
    email- [email protected]
    MidwesternFinancialSolutions.com
    https://www.linkedin.com/company/mid...ial-solutions/
    linkedin.com/in/brandon-cooper-426615267

  6. #6
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    Why factoring? I would ask about the RETAINAGE, Progress billing, & obtain the WIPs for the 3 prior years. I might entertain ABL.
    Elon Henek
    HCI - Glen Cove, NY
    Main: 1-516-676-1854
    Cell: 1-516-236-4086
    www.henekconsulting.com

  7. #7
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    Quote Originally Posted by aaron4235 View Post
    Who is giving 1.5% rates on commercial construction factoring?

    Merchant is looking to factor 100k monthly.
    This is a very simple deal to get done. What is the hair on the file? If you are having issues, what is the biggest problem you are having?

    Justin Ruschell
    Universal Business Advisors
    702.235.3935
    Justin Ruschell
    CEO
    ph: 702.235.3935
    [email protected]
    www.universalbusinessadvisors.com

  8. #8
    I think Capitalplus stopped funding construction (Curt is with NFusion)

    Try -Amerifactors - Evan
    phone 321.319.6084
    email [email protected] | web amerifactors.com

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