CapitalPlus Construction Services

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

CapitalPlus Construction Services is a factoring company based in Knoxville, Tennessee that has 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.

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.
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:
None.
Additional fees:
None.

General Information

865-670-2345
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%
Contact
865-670-2345

2510 Solway Road, Knoxville, TN

2510 Solway Road, Knoxville, TN

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