Construction

Summary: Many electric utility restoration contractors and brokers face cash flow problems during busy storm seasons. They face increasing payroll costs to cover their ground crews. Invoice factoring can be an effective solution that provides funding to cover payroll and other operating expenses. This article discusses how factoring works, its advantages, and important differences that […]

Construction factoring is a specialized type of invoice factoring adapted to work in the construction industry. It helps subcontractors improve their cash flow by financing their net 30/60 invoices from commercial clients and General Contractors (GC). This article explains how construction factoring helps you, how it works, its advantages, and its limitations. The article will […]

Summary: Many small vegetation management companies face cash flow problems during the busy summer season. These problems often arise due to the timing gap between paying expenses (e.g., payroll) and getting paid by clients. This article explains how invoice factoring can help you improve cash flow and cover payroll and other expenses. We also discuss […]

Construction factoring is a specialized type of invoice factoring adapted to work in the construction industry. It is very similar to invoice factoring, though it has some key differences. This article covers the main differences between both programs. It helps construction subcontractors determine if construction factoring is right for them. Read “What is construction factoring? […]

Many construction subcontractors have trouble paying employees or suppliers on time. Often, they have cash flow problems because clients pay invoices in 30 to 60 days while suppliers ask for quick payments. One way to fix this working capital problem is to use a revolving line of financing. This article explains how construction factoring can […]

Paying employers and suppliers on time is a major concern for small roofing companies. However, making timely payments can be difficult because commercial clients and general contractors (GCs) pay invoices in 30 to 60 days. Offering net payment terms can create cash flow problems for businesses that aren’t well capitalized. This article explains how construction […]

Getting financing has always been a challenge for construction subcontractors. Banks and financial institutions have strict underwriting criteria and work only with larger companies. This situation creates problems for subcontractors who need financing to run their companies. This article discusses seven ways to finance a small subcontracting business. These options are available to small and […]

Progress payments are common in the construction industry. They are also one of the reasons why many factoring companies cannot work with subcontractors in the construction industry. This article discusses how progress payments work, why they are a problem for some factoring companies, and how construction factoring overcomes those issues. We cover: 1. What is […]

Most commercial clients pay their invoices in 30 to 60 days. These terms can create cash flow problems for landscaping companies that can’t afford to wait for the payment. Invoice factoring allows you to solve this problem by financing slow-paying invoices for commercial clients. This solution improves your cash flow and allows you to grow […]

Many underground-utility-locating companies find it challenging to wait 30 to 90 days to get paid by commercial clients. Offering payment terms is a standard business practice. However, it can create cash flow problems for companies that aren’t well-capitalized. This article explains how to improve cash flow by financing invoices using factoring. The article covers the […]