Advance cash against unpaid invoices so you can make payroll, buy fuel, and keep iron running while your GC takes 60 or 90 days to pay.
Apply Now →Construction invoice factoring is a way to get paid now on work you have already completed: you sell an unpaid invoice to Contractor Capital Funding, we advance most of its value up front, and you collect the rest (minus a factoring fee) when your customer pays. For contractors, that means the money tied up in a $180,000 progress billing or a completed change order becomes cash in your operating account instead of a receivable you wait 45, 60, or 90 days to see. We factor construction receivables from $25,000 to $5,000,000, approvals lean on your business bank deposits and revenue far more than your credit score, all credit is considered, and decisions come back in roughly 4 to 24 hours with funding often the same or next business day.
Factoring is not a loan. There is nothing to amortize and no fixed monthly payment eating into next month's draw. You are converting one asset (an invoice) into another (cash), earlier than your customer's payment terms would otherwise allow.
The mechanics are simple and repeatable job after job:
Because the decision rests on the strength of the invoice and your deposit history rather than your personal credit, factoring fits contractors who are growing faster than their bank line can keep up with.
Construction runs on a brutal timing mismatch. Your costs are immediate: crews get paid weekly, fuel and diesel-def go on the card daily, and your rental house wants its check for that excavator whether or not the developer has released the draw. Your revenue, meanwhile, arrives on net-45, net-60, or worse once retainage and pay-when-paid clauses stack up.
Factoring closes that gap without adding a hard debt payment. A framing sub who factors a completed pay application can cover this Friday's payroll and mobilize the next crew instead of turning down the next job because the cash is frozen in receivables. An earthwork contractor can keep three dozers and a pair of excavators working across two sites rather than idling iron waiting to be paid on the first one.
It also scales with you. As you win bigger contracts and bill more, the amount available to factor grows with your invoices, which is the opposite of a fixed credit line that caps out right when a good year needs more cash.
We finance contractors several ways, and factoring is one tool among them. It pairs naturally with the equipment side of our business.
If you need to acquire a machine, an equipment finance structure against the CAT, Komatsu, Deere, Bobcat, Case, or Volvo unit itself is usually the right call. If you need general working capital and prefer a lump sum repaid from daily or weekly revenue, a revenue-based advance fits. Factoring is the answer specifically when the cash you need is already earned and sitting in unpaid invoices.
Many of our contractors use them together: factor receivables to smooth the payroll-to-draw gap, and finance the next machine separately so a single big equipment purchase does not drain the very cash factoring just freed up. Because our approvals all lean on bank deposits and revenue, one conversation and one set of statements can cover more than one of these needs.
The numbers below are illustrative, not a quote. Actual advance rates, fees, and timing depend on your invoices, your customer, and your deposit history.
| Detail | Example |
|---|---|
| Contractor type | Site / excavation sub running a Deere dozer and CAT excavator |
| Invoice (approved pay application) | $180,000 |
| Customer payment terms | Net-60 |
| Initial advance (illustrative ~85%) | $153,000 in the account, often next business day |
| Decision time | ~4-24 hours after submission |
| What it covered | Two weeks of crew payroll, fuel, and the rental invoice on a second excavator |
| Reserve released on customer payment | Remaining balance, minus the factoring fee |
Instead of waiting 60 days on a receivable, the contractor mobilized the next phase the same week and kept both machines producing.
Our underwriting is built for contractors, not for a credit committee that has never seen a pay application. The weight sits on cash flow and the quality of what you are billing.
All credit is considered. A tax lien season, a slow winter, or a past bankruptcy does not end the conversation the way it would at a bank. We are underwriting the receivable and your deposit flow, not just a score.
Speed is the point of factoring, so the process is built to move. Once you submit an invoice with its backup, decisions come back in roughly 4 to 24 hours. After your account is set up, funding is often same or next business day, which means an invoice submitted early in the week can be cash in the operating account before Friday's payroll run.
Applying does not obligate you to factor anything. You can get set up, see your terms and advance rate, and then factor invoices as jobs create the need, which is how most contractors use it: quiet in a flush month, active when three draws all land late at once. Nothing about factoring is ever guaranteed, but the timeline is fast and predictable enough to plan payroll around.
No. Factoring is the sale of an unpaid invoice, not a loan. You are advanced cash on money you have already earned, and the invoice is repaid when your customer pays it. There is no fixed monthly payment or amortization schedule the way there is with a term loan.
You typically receive a large share of the invoice as an initial advance, with the remaining balance released to you when your customer pays, minus our factoring fee. The exact advance rate depends on the invoice, your customer, and your deposit history. We factor construction receivables from $25,000 to $5,000,000.
It is not the deciding factor. Our approvals lean on your business bank deposits, your revenue, and the quality of the invoice far more than on your personal credit. All credit is considered, so a lien, a slow season, or a past bankruptcy does not automatically disqualify you.
Yes. Long payment terms are exactly why contractors factor. We advance cash now against the completed, approved invoice so you do not have to wait 60 or 90 days, and we collect from your customer on their normal terms.
Decisions typically come back in about 4 to 24 hours after you submit an invoice with its backup. Once your account is set up, funding is often the same or next business day. Timing is never guaranteed, but the process is built to move fast enough to cover payroll and fuel.
Yes, and many of our contractors do both. Factoring frees up cash tied in receivables, while an equipment finance structure against the machine itself covers a CAT, Komatsu, Deere, Bobcat, Case, or Volvo purchase. Because both lean on your bank deposits and revenue, one set of statements can support more than one need.
Fast, flexible business funding for licensed contractors, builders and specialty trades nationwide.