Save money on supplies and grow your business with contractor financing
How many jobs have you turned down due to cash flow issues? Sub-contractors certainly know that the up-front cost of supplies can often be the difference between accepting larger jobs to expand their business versus passing on potentially great opportunities. What if your supply houses aren’t willing to extend the credit needed to purchase supplies for a large job? What if the job entails a pay-when-paid clause or retainage, but your supplier needs to be paid in full within 30 or 45 days? While these are real world problems for many sub-contractors focused on growing their business, the good news is that there is a solution to these issues. That solution is our simple and convenient Contractor Financing program!
As soon as you are ready to purchase your supplies, simply send us the Purchase Order and we will pay your supplier directly within 24-48 hours. This allows you to take advantage of your supplier’s early pay discounts which generally range between 3-5%! There is a low, initial “draw fee” for the funds sent to your supplier, but it is typically less than the discounts you will receive. In other words, right away you will be saving money on supplies! After the supplies are delivered to your jobsite, you have up to 150 days for re-payment with a very small monthly fee. It’s as simple as that. There’s no need to worry about funding your next purchase order with our Contractor Financing program!
Not quite what you’re looking for? We also offer Construction Factoring so you can get paid as soon as the job is complete.
Have questions or ready to get started? Contact us today for a brief discussion of your construction business and cash flow needs. Our dedicated team is standing by and ready to help you start saving on supplies while simultaneously growing your business. In most cases, we can have your account set up and ready to fund within a few days. There’s no reason to turn down or delay jobs when you have access to contractor financing!