Need help getting past a cash flow crunch? Marathon Financial’s construction factoring can provide the funding you need to meet payroll, take on new building projects, or obtain material advances. As a General Contractor ourselves, we have an industry insider’s view of things like progressive billing, conditional releases, bonds, and retention, and we use our knowledge to provide the kind of construction funding you need to grow your business.
Construction Funding Benefits
One of the major benefits of dealing with Marathon Financial is speed: You can get funding within 24 hours of approved invoices. We also value your privacy and the trust you have built up with your customers, so we will work with you to design a notification process for your customers.
And as a general contractor for 30 years, Marathon has plenty of experience working with subcontractors, bonds, retentions and material providers in the construction industry. We understand the need for working capital to keep your business going and growing by smoothing out cash flow bumps from slow paying debtors.
How Construction Invoice Factoring Works
Getting construction funding through factoring is a simple process. First you choose the invoice or invoices to send us. Then we review the credit of those customers and confirm that the work was completed. When these steps are performed to our satisfaction, we will fund you immediately!
Once your customers pay the invoices, we pay off the funds advanced less our fee. We rebate the balance to you.
Don’t miss payroll or damage your credit by putting off bill payments. If your customers are slow to pay but creditworthy, construction factoring from Marathon is an excellent and affordable solution. To request a free quote, call us today at (800) 647-0850. You can also request a free quote by clicking here.