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Funding-Construction- is a national asset-based factor and lender that helps contractors and subcontractors who are not able to borrow or collect money from a bank get paid on their invoices right now.

We realize at Funding-Construction that contractors and subcontractors have a difficult time on receiving payments on time and that they need money right now.  There can be multiple contracts and jobs going on at one time for a contractor and they need the money for their supplies and other materials and that is why you should use Funding-Construction. 

Take advantage of trade discounts by having the cash available to pay up-front for supplies, equipment, etc.

 

Factoring vs Asset Based Lending

Factoring

x Once you are set up with Funding-Construction, money can be wire-transferred to their bank account within 24-48 hours.
x You are free to choose which invoices it offers for sale...and when. Funding-Construction will purchase invoices.
x You have no recourse using Funding-Construction. Once an invoice is purchased, we assume the credit risk.
x You don't need to have a good credit history — Funding-Construction is only interested in the credit worthiness of the account debtors
x You will not be taking on debt or giving up equity. You are selling an asset!

Advantages of Factoring
x Fast & Easy
x Improve Cash Flow
x Leverage Off Your Credit
x No Consideration of a Business's Credit Rating
x Continuous Source of Operating Cash
x You Receive Detailed Management Reports
x Faster Payment
x Not Creating Debt – no monthly payments or balloon
x No Personal Guarantees
x No Geographical Limitations
x Reduces Overhead — helps business downsize so you can concentrate on growing your business
x Greater Operating Efficiency
x Off Balance Sheet Financing
x The "Time Value" of Money
x Retain Control of the Business – don't give up equity
x Reduces Bad Debt
x Professional Collections
x Meet Increasing Sales Demands
x Stop Offering Early Payment Discounts

Reasons for Factoring
With the advantage of positive cash flow, factoring to you our clients:
x increase working capital by establishing an additional, ongoing source of cash;
x increase cash turnover and pay bills, taxes, etc., on time;
x get cash for operating expenses when you need it;
x get cash when you can't get financing elsewhere;
x avoid giving up equity or control, as you would in traditional financing;
x protect & improve your credit rating;
x avoid long-term debt;
x avoid repayment of debt at inopportune times;
x take advantage of trade discounts by having the cash available to pay up-front for supplies, equipment, etc.;
x take advantage of volume discounts and other spur of the moment opportunities that require cash;
x get instant credit reports on prospective customers and the continuous monitoring of the credit status of all your customers.

Who Needs Factoring?

x Small and medium size businesses, including new businesses and women and minority owned businesses, that can't get conventional financing
x Any business that needs additional operating capital
x Businesses that want to expand and need a cash flow injection
x Businesses with tax liens (or problems you are trying to work out with a taxing authority before a lien is put into place)
x Businesses that are working through either Chapter 11 or a bankruptcy
 

The choice is easy choose Funding-Construction immediately

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