The construction industry is one of several sectors that can benefit tremendously from invoice factoring. No longer is the sub-contractor, or construction company, required to wait for payment before starting on the next phase of a project, or begin construction on a new project. With invoice factoring, the sub-contractor or construction firm can realize quick turnaround (often within 24 hours) on accounts receivable due for completed stages of a construction project.
That's right, with construction invoice factoring, the construction company, or sub-contractor, can be paid virtually overnight for these invoices (accounts receivable) thus speeding up cash flow and improving the company's ability to start immediately on the next phase of construction.
The Interface Financial Group is one of the few factoring companies that is willing to provide construction factoring. In fact, IFG welcomes construction invoice factoring and would love to discuss with you just how easy it is to get the cash you need without any lengthy and aggravating lending process.
So, if you, or your construction firm is interested, or in need of, short term financing against completed construction jobs, or desires immediate payment for finished project stages, give us a call or fill out a brief inquiry form to get started. That's right, immediate working capital is available now.