Construction Financing: Receivable Factoring for the Construction Industry
Welcome to our construction factoring division. We know the cash flow challenges facing your growing construction business. At GrowCo Factoring & Financial, we have custom solutions to meet your needs. We are dedicated to helping companies like yours take advantage of opportunities to grow their business. We can advance your construction company funds as you need them - from just a few thousand to millions of dollars per month.
Is construction factoring right for me?
Whether you are a small general contractor or a large commercial contractor, we know you hardly ever receive payment on time. We understand the strain that can put on your company financially and you can’t afford to miss out on new jobs or, worse yet, miss payroll. Often, one large job can tie up all your available cash. And, banks won’t typically offer to do anything more than to provide some equipment leasing financing. We can help you, though. We understand the unique documentation in the construction industry and leverage our knowledge and experience to provide solutions to help you solve your challenges and focus on growing your company.
Many of our constuction factoring customers fall into one or more of the following situations:
- new companies with no established financing relationships
- fast-growing companies with erratic earnings and sales histories
- business owners with past credit problems
- companies with seasonal or fluctuating sales patterns
- companies with unique growth opportunities that require considerable capital
- companies with large, financially sound customers that need aggressive credit terms
- businesses experiencing cash flow shortages due to slow accounts receivable turnover
It is common for construction companies to face cash challenges during times of growth. With many invoice funding resources and several combined years of experience with invoice factoring and working with the construction industry in general, we are specialists in helping companies just like yours with their cash flow needs. So, whether you need cash to purchase wholesale supplies, repair equipment, meet payroll, take advantage of expansion opportunities, or for any other reason, we can help.
Whatever you offer, replacement windows, forclosure help or complete home remodeling, we can help you meet your obligations on time, every time.
Give us a call at (877) 267-0500 or complete our quick application above.
Benefits of Factoring with GrowCo:
- Rates as low as .5%
- Funds deposited into your account within hours
- No long-term contracts
- No minimum volumes or minimum fees
- Factor only when you want
- Factor only the invoices you want
- Flexible and creative financing programs other than factoring
- Super fast approval
- No application fees
No Financials Needed. No Application Fees. Creative Financing for Any Industry. Rates as Low as .5%.
Call us 24 Hours a Day, 7 Days a Week: (877) 267-0500.