Construction Factoring
Don't Miss Out on the Big Jobs because of Inconsistent Cash Flow!
We Do Progressive Billing
Are there large gaps between projects and you cannot cover recurring expenses?
- Purchasing Materials
- Meeting Payroll
- Negotiating Contracts with Suppliers
- Accelerating company growth without borrowing money
Whether you need Accounts Receivable Services or Factoring Loans to help meet your businesses needs, Vertex Financial can help.
Do you have Inadequate reserve working capital?
- Financially Constrained and unable to stimulate growth
- Low Investment Funds for future jobs and contracts
Have Banks turned you down in the past?
- You have not met the financial requirements for a substantial loan
- Have nowhere else to turn for working capital
Vertex has been successful with the following subcontractors within the Construction Industry:
- Asphalt / Concrete
- Cable Companies – Utilities
- Carpenters
- Carpet
- Ceiling / Drywall
- Cell Tower Construction
- Demolition
- Electrical Contractors
- Energy
- Excavation / Dirt Work
- Fire Sprinkler Contractors
- Flooring
- HVAC
- Landscapers
- Painting
- Paving
- Plumbing
- Roofing
- Security Firms
- Steel Erection
- Steel Fabricators
- Supply Houses
- Tile Contractors
- Underground Utilities
- Additional Subcontractors Vertex can service:
- Appraisers
- Inspectors
- Space Planners
Construction Factoring Process
- Submit your invoice or progressive bill and Vertex will verify the invoice.
- You are wired the payment for the first invoice, usually Ranging from 70 - 80 % of the invoice
- Once your client pays, reserves are released
Construction Receivables Financing Benefit: Consistent Cash Flow!
- Keep suppliers paid timely to significantly reduce lien situation
- Make weekly payroll
- Access to Credit Collection services with our historical database of credit information on general contractors
- You will no longer have jobs that you are not paid on and monies will be collected timely
- Take advantage of the larger jobs you've turned down in the past due to low cash flow.
- The Process is Quick and Easy!
