MoneyFactor offers factoring services to construction companies that generate accounts receivables with credit worthy customers. MoneyFactor provides companies funding on the strength of their customers in the industry. Construction factoring is a means for construction companies to be paid for the work they have completed.
Running your construction business, regardless of its size, is difficult when you have unpaid invoices. Do you need money to pay workers, buy equipment or finish your remaining projects?
Here are some of the benefits of construction factoring:
- Unlock the money tied up in your invoices
- Obtain working capital for your business expansion
- Reduce risk of bad debt from outstanding invoices
- Ensure cash flow does not slow down your operations
- Utilize experienced personal account management