Contact Address

Administrator
262 Upper Valley Road,Suite #1
Christiana, PA 17509, USA
CONTACT NO.: 610-228-4137
EMAIL ID: info@alliedbusinessfunding.com
WEB SITE: http://alliedbusinessfunding.com

Construction Invoice Factoring

If your construction company is unable to grow due to a lack of ready capital, we can help. At Allied Business Funding we are experts in the area of asset-based finance and in particular, accounts receivable financing (factoring). If you are a subcontractor working under contract to large general contractor, property owner or have government contracts and your creditworthy customers demand 30, 45, 60 terms of payment or longer and you grant such terms to secure the business, your own company may well experience critical cash shortages when it comes to payroll or paying your own suppliers on a timely basis. Such cash flow problems can become serious and can significantly hamper your company’s financial health and ability to grow. For many construction businesses however, such problems can easily be overcome by utilizing the power of factoring.

Still waiting for payments on construction projects that were completed weeks ago? Allied Business Funding will turn those unpaid invoices into cash Today!

We provide construction invoice’s factoring services to contractors and subcontractors across various trades in the commercial,  large residential & government contracting  sectors and most companies in the construction industry:
  • HVAC
  • Plumbing
  • Electrical
  • Concrete
  • Masonry
  • Drywall
  • Painting
  • Roofing
  • Flooring
  • Low Voltage
  • High Voltage
  • Supply Houses
  • Construction Cleanup
  • Construction Staffing
  • Hauling
  • Paving
  • ​Structural Steel
  • Fire Sprinkler Contractors
  • Cable Companies – Utilities
  • Underground Utilities
  • Directional Drilling
  • Cell Tower Construction
  • Demolition
  • Interior Finish
  • Excavating

We provide funding for:

  • Paid when paid contracts
  • Paid If Paid Contracts
  • Progress billing Payment Applications
  • Spot Factoring
​Benefits of using Construction Factoring Services:
  • We specialize in factoring services for the construction industry.
  • We can give you cash today for your invoices.
  • We work with companies who have limited or no credit history.
  • There are no long-term contracts.
  • There are no monthly minimums and no penalties for non-usage.
  • Fee is all-inclusive. (No nickel and diming. No upfront fees, no wire fees, no hidden charges, no interest charges.)
  • Credit facility grows along with your sales volume

 

Construction Finance FAQ commonly asked by our Client’s Customers and General Contractors:

  • Customer/GC:  Will I have to change my contract/subcontract?
    Subcontractor:  No, your contract still has the same legal rights with the subcontractor.
  • Customer/GC:  Is my subcontractor “Selling his Contract” before the work is done?
    Subcontractor:  No, we only purchase invoice amounts for work already completed.
  • Customer/GC:  Will the invoices come from a different person now?
    Subcontractor:  No, your Subcontractor continues to invoice you.  Only the remit to address changes.
  • Customer/GC:  Will setoffs or deficiencies be treated differently?
    Subcontractor:  No,  it is still the subcontractors duty to complete all requirements of the contract.
  • Customer/GC:  Is Construction Finance a collection agency?
    Subcontractor:  No, we purchase invoices as a Factor for a small discount.
  • Customer/GC:  Do I loose any rights with my current lien waiver process?
    Subcontractor:  No, Construction Finance will not purchase invoices that could potentially involve unpaid suppliers.  On the contrary, Construction Finance helps ensure our clients keep all underlying suppliers paid to prevent unwanted liens or bond claims.
  • Customer/GC:  So what really changes?
    Subcontractor:  The Remit to address for your payments to your Subcontractor.

 Get Construction Factoring Facts

To gain access to immediate “Debt Free” working capital call us today at (610)228-4137 or email sam@alliedbusinessfunding.com