Rioux Capital

1250 S Capital of Texas Hwy, Austin, TX
Rioux Capital is an Austin, TX construction factoring company.
Bill Rioux of Rioux Capital
Bill Rioux
President

Rioux Capital is an Austin, TX factoring company that specializes in construction financing. We provide working capital to all kinds of construction contractors such as concrete, carpenters, ceiling, flooring, drywall, excavation, electrical, HVAC, painting, plumbing, roofing, steel erection, utilities and more. We work with sub-contractors who get paid under paid-when-paid, progress-billed or milestone payment contracts.

Rioux Capital provides funding and back office services to construction subcontractors. We prepare and submit your invoices; pay applications to your customers; provide collection services on your accounts receivables, and pay your suppliers and customers. We also obtain necessary lien releases for your construction projects.

Rioux Capital provides these construction factoring benefits:

  • Funding from $50,000 to $10 million
  • Don't require a history of profitability
  • Don't require personal pledged collateral
  • Back office support available

The construction industry is unique and we know it. We'll factor your invoices when working under contract to a large general contractor or property owner. Our Construction Factoring program lets you take on additional work without worrying how to pay your employees and suppliers.

Industries Served:

Featured Services:

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

Terms of Service:

Application and start-up fees:
$250-$500 depending on deal
Contract length:
12 Months
Cancellation fee:
90 day cancellation/termination, varies per deal
Monthly minimum:
No
Factor all invoices:
No
Reserve availability:
Daily
Additional fees:
Bank Wire Charges

General Information

512-329-9123
Year founded:
2007
No. employees:
2-10
Associations:
IFA, CFA, American Subcontractor Associaton
Address:
1250 S Capital of Texas Hwy, Austin, TX

Financial Information

Minimum credit facility ($):
50,000
Maximum credit facility ($):
10,000,000
Advance rate (%):
75%
Contact
512-329-9123

1250 S Capital of Texas Hwy, Austin, TX

1250 S Capital of Texas Hwy, Austin, TX

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