Single Invoice Factoring is another solution to help provide capital to General Contractors and Subcontractors. The corporate finance tool of factoring allows a contractor or company to alleviate some financial burden by transferring the balance or risk of accounts receivable to a third party. This can be in the form of providing the capital from the expected payments from a customer to you while the customer is paying with credit or leveraging accounts receivable by that third party to get the highest return. With Single Invoice Factoring, this can be a one-time occurrence or as needed. There is no obligation to sell all invoices, making it ideal for construction financing. While other forms of Factoring require multi-year contracts, Single Invoice Factoring is ideal because you can use it on an as-needed basis only.
Capstone deploys Single Invoice Factoring Programs to fund General Contractors and Subcontractors to ensure on-time performance of tasks. ClearPay™ is also a tool that may be used for bonded Subcontractors.
Disadvantaged Business Enterprises
Starting a business from scratch can be challenging enough. When you are an entrepreneur with a disability or are a veteran, you will likely face even more challenges with starting out. Capstone believes in giving disadvantaged or minority business every opportunity to equip themselves with the tools needed for success. They should not be held back from achieving their business goals just because of physical or other hindrances.
We understand that there are certain barriers to market entry that sometimes exist for disadvantaged business owners, and we believe in doing our part to eliminate that barrier. MBE/DBE and Veteran Owned Businesses, whether a General Contractor or Subcontractor, can benefit from either program described above when pursuing construction financing. Capstone is a leader in providing financing to this essential component of our economy and has championed its funding to support outreach to major public works projects throughout the country.
If you are a General Contractor, Subcontractor, or an MBE/DBE or Veteran Owned Business, don’t let the lack of capital hold you back from accepting a project that can bring your business to the next level. Capstone
Start accelerating business cash flow, contact Capstone today. Please email us at [email protected] or call us at 347-821-3400. One of our highly-trained representatives will walk you through our financial solutions and offer you a specialized plan to help you start accomplishing your goals. If you have any doubts or questions, they will be able to clarify how our products can help your business start achieving success today.