My husband and I put together a tutorial series of videos to explain construction factoring.  Many people have asked us, what is construction factoring?  Or what is invoice factoring?  Accounts receivable factoring, invoice factoring, factoring receivables and factoring are all the same.  Construction factoring is the same as well.  However, in construction factoring there are a few extra layers of paperwork that may make things a bit confusing if you’ve never factored a construction invoice.

John Sawyer, owner of Construction Finance, has put together a video tutorial series to help you understand the steps of construction invoice factoring.  You will also realize that having a factoring company like Construction Finance will give you an extra layer of protection.  Never leave another job site without being paid the entirety of your invoice.

Over the next few days, we will post each new video in the What is Construction Factoring series.  If you just can’t wait to watch them all, check out our Youtube channel playlist and watch them all.

Click here to start the series with Video 1 and watch all 7 videos:

“What is Construction Factoring?” Tutorial Series

Call us today 870-277-0658 or visit our website at http://constructionfinance.com

Construction Finance is Your Factoring Answer

What is Factoring?

Unfortunately, the days of going up to the General Contractor’s Tailgate on Friday afternoon to get your check are long gone.

From Bidding Invitations, Bid Bonds, Performance bonds, Retainage, to the final Punch list, getting paid for the work you did is now much more involved.

Factoring offsets payment delays caused by so many new requirements.

A factor (Construction Finance) will purchase your Accounts Receivable today for a discounted rate today.  The General Contractor will submit future payment on this invoice to Construction Finance since the we have already paid for these services.

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Here's a great video that explain construction factoring in a flash!

Contact John Sawyer at Construction Finance today for more information!  

870-243-6429

Accounts Receivable Factoring

Operating capital on your terms. 

It takes capital to grow and succeed in today’s economy. Without access to capital, your company is at a distinct disadvantage. So, why limit your opportunities when there is a simple solution? Our Accounts Receivable Factoring service can provide your business with a continuous source of operating capital allowing you to pay creditors promptly, meet payroll, maintain overhead expenses, pay taxes or simply relieve the financial burden experienced during rapid growth periods.

Benefits of using Construction Finance's Accounts Receivable Factoring Services:

• We can give you cash today for your invoices.
• We work with companies who have limited or no credit history.
• We are a direct funding source with decision makers on site. 
• We offer in-house underwriting for quick decision-making.
• There are no long-term contracts.
• There are no monthly minimums and no penalties for non-usage.
• Our fee is all-inclusive. (No nickel and diming. No upfront fees, no wire fees, no hidden charges, no interest charges.)
• Contact Us Today at Construction Finance

What is Construction Factoring?

Construction Factoring is when a company sells their unpaid invoices at a small discount in order to receive immediate access to cash. The funds are typically used for operating expenses such as payroll, vendor payments and business growth.

With construction factoring a business can turn unpaid invoices into immediate working capital and not have to wait the 30, 45 or 60 plus days to receive payment from their customer. Simply put with factoring the business sells their unpaid invoices to a factoring company and receives up to 80% of the funds. Then once the invoice is paid by the customer the factoring company remits the balance minus a discount. Construction factoring allows you to grow your business and worry less about having the money for day-to-day operating expenses, all without assuming any debt as long as your customer pays their bill.

Construction Finance can work with your business to provide factoring services to help you meet your company’s financial needs.

Construction factoring is also often referred to as invoice factoring, accounts receivable financing, receivables factoring, invoice discounting and invoice factoring all referring to the process of buying and selling accounts receivables for immediate cash.

Click here to see how construction factoring can work for your business.   

My husband, John Sawyer and I would love to help your business get the funding it needs to grow.  John Sawyer has over 10 years experience in the construction field, contact him at Construction Finance today!