Get Paid Now Instead of Waiting Months
Running a construction business requires a steady stream of working capital to meet payroll, maintain equipment, buy materials and address other expenses. RTS Financial provides factoring solutions that build up cash flow for contractors and subcontractors across all areas of construction. We understand the seasonal nature of the industry and the need for companies to ramp up operations quickly.
When you factor with RTS Financial, you receive cash on your receivables within one day instead of waiting 30 to 60 days on a customer payment. In addition to helping boost your cash flow, RTS Financial handles customer collections and other back-office services. We allow you to focus more of your time on construction projects and growing your business.
How Factoring Works in Four Simple Steps:
- Your company completes a project.
- You send your invoice to RTS Financial.
- You receive early payment on your invoice from RTS Financial.
- RTS Financial collects full payment from your customer.
Benefits of Working with RTS Financial:
- Same-day funding
- Highly competitive advance rates with no hidden fees
- Online account access and easy uploading of documents
- Free collections and other back-office services
- Access to funding is based on your customers’ credit, not your company’s credit or business history
- As your construction business grows, the cash flow from factoring matches that growth
A Financial Partner for Construction Companies
RTS Financial provides funding for all kinds of companies in the construction industry, including:
- General contractors
- Home builders
- Commercial builders
- Construction managers
- Trade contractors
- Design-builders