CapitalPlus Construction Services

2510 Solway Road, Knoxville, TN
CapitalPlus is a Knoxville, TN construction factoring company.
Scott Applegate of CapitalPlus
Scott Applegate
President
865-670-2345

CapitalPlus Construction Services is a national factoring company specializing in construction companies in all trades. We've been focusing on the construction industry for over 10 years. We provide factoring for all billing methods including paid-when-paid contracts and progress billing.

We provide construction factoring to general contractors and subcontractors in all trades including asphalt, concrete, demolition, electrical, excavation, HVAC, paving, painting, plumbing, roofing, structural steel, underground utilities and more.

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 charges and no interest charges

With CapitalPlus you get a unique blend of continuous finance and system support allowing you to pay creditors promptly, meet payroll, maintain overhead expenses, pay taxes or compete for larger jobs.

Industries Served:

Featured Services:

Collection services:
Yes
Credit services:
Yes
24 hour funding:
Yes
Non-recourse factoring:
No
Online reporting:
No
Invoice software integration:
No

Terms of Service

Contract length:
We don't require long-term contracts. We let you determine what is best for your company and which invoices you will factor and for how long you factor them.
Application and start-up fees:
No application or start-up fees.
Monthly minimum:
No, we work with you on only invoices you wish to factor each month.
Factor all invoices:
No, only the ones you wish to factor.
Reserve availability:
Bi-weekly.
Cancellation fee:
$0 - We don't have one.
Additional fees:
None.

General Information

Year founded:
2000
No. employees:
2-10
Associations:
IFA, American Subcontractors Association, American Society of Concrete Contractors
Address:
2510 Solway Road, Knoxville, TN

Financial Information

Minimum credit facility ($):
50,000
Maximum credit facility ($):
5,000,000
Advance rate (%):
75-85%
2510 Solway Road, Knoxville, TN

Invoice Factoring Is Quick & Easy

Send your invoices to your factoring company.

Your factoring company buys your invoices and sends you 75% to 90% of the invoice amount within 24 to 48 hours.

Your factoring company collects the invoices from your customer and sends you the final payment.