Construction Subcontractor Factoring
Need a Funder or Vendor? START HERE

Results 1 to 6 of 6
  1. #1
    Senior Member Reputation points: 752
    Join Date
    Apr 2014
    Location
    Chicago, IL
    Posts
    185

    Construction Subcontractor Factoring

    Hi everyone: Anyone know of construction subcontractors (besides IFG) that are still funding invoices on work completed? Debtors are located in Texas, the subcontractor is located in PA. Invoices range from $130K - $2.5MM but debtors, being that they are GCs, have limited information on DnB and Experian Business.

  2. #2
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
    Posts
    1,108

    Sent you a PM... With GC's that have limited Credit insurance data, expect the advance rate and cost of funds to reflect the risk.

    Reach out if you would like assistance..

    RG

    www.businesscapitalconsultants.com

    775 Park Avenue Suite 255
    Huntington, NY 11743

  3. #3
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
    Posts
    1,289

    Construction Subcontractor Factoring

    Financing contractors is tricky because if intervening liens and unusual industry specific invoicing procedures.
    We might be able to help find one of several Factors that specialize in that marketplace.
    If Richard does not solve your problem please give us a call.
    Bob Shaw
    rshaw@advancecredit.com
    734-929-3800

  4. #4
    Senior Member Reputation points: 2697
    Join Date
    Sep 2015
    Location
    Miami, FL
    Posts
    189

    Construction Subcontractor Factoring

    Im already looking at this deal. Should i stop working on it???

  5. #5
    Senior Member Reputation points: 5777
    Join Date
    Mar 2016
    Posts
    335

    All (80%) we do is factor construction Subs

  6. #6
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
    Posts
    1,289

    Construction Subcontractor Factoring

    Great point VFG

Similar Threads

  1. Factoring Construction Deal
    By Karen37a in forum Deal Bin
    Replies: 11
    Last Post: 07-11-2016, 06:27 PM
  2. Replies: 7
    Last Post: 08-05-2015, 12:16 PM
  3. Earn large fees with construction factoring
    By bdshaw in forum Financial Services
    Replies: 0
    Last Post: 07-20-2015, 12:37 PM
  4. Construction Factoring
    By bdshaw in forum Financial Services
    Replies: 0
    Last Post: 05-06-2015, 02:53 PM
  5. AR Financing or Factoring for construction & transportation
    By WhoisKingsley in forum All Other Lending
    Replies: 2
    Last Post: 12-03-2014, 12:50 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY