1st Commercial Credit

Construction Factoring Finance - Contractor Funding USA

 

We Know Your Construction Cash Flow Problems:

We can help you manage the wild swings in cash flow by getting you your money now; not waiting 30, 45 or 60 days. Your suppliers get paid quickly, so that you can negotiate the very best pricing.

Request A Receivable Finance Quote

construction factoring, finance

  • Trouble covering payroll
  • Not enough cash to fuel growth
  • Can't take on new jobs and keep loyal customers
  • Can't take material discounts
  • Big jobs use up all available cash

Call now for details USA 1 800 876 6071 

(Rates subject to industry and collection cycle)

Commercial Construction Accounts Receivable Financing Programs

1st Commercial Credit can provide you the cash resources that fuels your business through our Commercial Construction A/R financing programs. We understand commercial construction and have financial sources that specialize in both commercial general and sub contractors funding. Some may include the following:

  • Appraisers
  • Architects
  • Asphalt
  • Cable Companies
  • Carpenters
  • Carpet
  • Ceiling/Drywall
  • Electrical Contractors
  • Engineers
  • Excavators
  • Expediters
  • Fire Sprinkler Contractors
  • Flooring
  • General Contractors

 

  • HVAC
  • Inspectors
  • Landscapers
  • Manufacturers
  • Paving
  • Plumbing
  • Roofing
  • Security Firms
  • Space Planners
  • Steel Fabricators
  • Supply Houses
  • Tile Contractors
  • Underground Utilities

 


Difference between Construction Factoring and a Bank Loan

We can help you manage the wild swings in cash flow by getting you your money now; not waiting 30, 45 or 60 days. Your suppliers get paid quickly, so that you can negotiate the very best pricing. In many instances, the ability to take discounts and get better factoring contractors constructionmaterial pricing has made up for the cost of factoring. Start Today


The difference between A/R financing and a bank loan is in A/R financing you use your customer’s credit line as leverage, not yours. A bank loan is based only on your assets and the ability to pay the loan back. When you factor, your growth potential is based on your credit worthy customers and it is virtually unlimited. The more credit worthy customers you sell the higher your credit line becomes.

1st Commercial Credit is committed to helping small companies take
advantage of opportunities to grow their business.

We create a winning situation all around. We utilize the good credit of the entity ordering the products or services to finance the contractor or vendor who otherwise cannot take on the contract. The vendor wins by accepting and executing new business opportunities that will take them to the next level. The purchasing entity wins by accommodating greater diversity among its vendor base. In many cases, the purchaser has stated or mandated goals for participation among certain types of vendors – We help achieve these goals.

Request a Receivable Financing Quote

 

Our Contractor Financing Program

Is specially designed to finance contracts with local, state and federal government agencies. We work particularly well with programs designed at increasing contractor/vendor participation among:

  • locally owned businesses
  • minority owned businesses
  • female owned businesses
  • disadvantaged businesses
  • small businesses

Contract/Construction Financing Program

  • Mobilization gets the contract underway by providing 10-15% of the contract amount up front – before the work gets started.
  • Working Capital provides more cash as the contractor invoices.

Accounts Receivable Financing

  • Financing of invoices puts the vendor on a cash basis.
  • Vendor increases business, improves relationships with creditors and concentrates on creating revenue, not collecting it.

Purchase Order Financing

  • Finances the purchase of goods that the vendor will turn around and sell.
  • Works well for distributors, companies involved with import/export and some manufacturers.
  • Situations we can overcome:
  • Short time in business
  • Poor credit history
  • Bankruptcy
  • Judgments
  • Tax liens
  • Undercapitalization

 

More about our Construction Financing and Factoring Program

The program has been developed to provide working capital for contractors so they can properly execute their government related construction contracts. In order to have a successful construction funding program, we have chosen to outsource this service to investment partners that understand the contractor industry. They can track and monitor your contracts and invoices and act as your advocate. In this way, we are able to arrange project financing for you and facilitate your compliance with your funding. Our partners will finance your project and your payments will be made directly to them.

Together with our investment partners and disbursing agents, we offer a complete program that finances your project and helps manage your cash flow for the benefit of your customer, and, most importantly, you.

The Disbursing Agent helps you financially manage your project by making all payments to suppliers, subcontractors and payroll on your behalf. All cash flow related to the job, including the loan and payments from your customer, is handled by the Disbursing Agent. This relieves you of much of the financial management burden of the project and ensures for all that necessary payments are made on time to avoid issues of mechanics’ and suppliers’ liens, loan default, etc. You will contract with them directly and make all requests and arrangements for payment of project expenses with them.

Our funding partners have years of experience in asset-based and contract lending, we work on your behalf to arrange your funding and facilitate its administration. Some features and benefits of the program may include monitoring and tracking your contracts and invoices. Others services may include packaging and communicating your requests for advances to the lender and communicate the lender’s requirements to the Disbursing Agent. Request a Receivable Financing Quote

Call now for details USA 1 800 876 6071 

(Rates subject to industry and collection cycle)

 

Industries 1st Commercial Credit Factors in the USA:

1st Commercial Credit, a nationwide factoring company headquartered in Austin, Texas. Provides accounts receivable financing in the US, Canada, and the UK; offers export trade finance to clients in every major world market and can convert receivable finance transactions in 17 currencies.The USA location provides factoring services to the following:



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1st Commercial Credit Provides Asset Based Lending, Purchase Order Financing and Factoring to all States:

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