Construction Invoice Factoring

Invoice Factoring for the Construction Industry 

Construction invoice factoring can help your company grow and give you peace of mind to compete for larger contracts. At Factor Finders, we work with all sizes and types of contractors and subcontractors. From newly formed companies to industry veterans, we help all kinds of construction companies get the instant cash they need. 

How Construction Invoice Factoring Works 

Construction financial factors can be stressful. Take away the stress of unpaid invoices with construction invoice factoring. Factoring provides the funds you need to cover expenses, such as employee payroll, upfront costs and equipment purchases. You can receive cash in as little as 24 hours with no long-term contracts, no hidden fees and unlimited funding potential. With construction invoice factoring, a construction factoring company purchases your open construction invoices as a discount. In exchange, they will advance you payment around 70-80% of the invoice in cash. After the invoices have been purchased, the factoring company assumes responsibility for billing your customers based on the rates and terms you have set. The factor will collect payments and then return the remaining balance to you, minus a small factoring fee. Unlike traditional banks, partnering with a factoring company is debt-free and it does not take your credit history or age of company into account.