We are a construction factoring company based in Knoxville, Tennessee that’s been serving the construction industry since 1998. We have over 85 years of combined experience in factoring, asset-based lending, financial services, equipment leasing, project management and construction operations. CapitalPlus provides factoring services to general contractors and subcontractors across all trades.
We handle all billing methods including pay when paid and progress billing contracts. We assist contractors by providing back office support services that include payment processing, lien rights compliance, risk management and obtaining lien releases from subs and suppliers. We monitor your contracts and assist in obtaining the releases needed for maintaining compliance. We operate much like an accounts receivable department. We’ll pay your subs and suppliers, as well as help you manage the financial aspects of your projects.
CapitalPlus provides these construction factoring benefits:
- All-inclusive factoring fee.
- No long-term contracts.
- No monthly minimums and no penalties for non-usage.
- No upfront fees, no wire fees, no hidden fees and no interest charges.
Our construction factoring services gives you immediate access to cash, so you can pay creditors promptly, meet payroll, maintain overhead expenses, pay taxes or compete for larger jobs. Our unique blend of financial services and system support allows you to focus on your construction projects without worrying about cash flow.