Factoring assists Contractor

"Factoring to a contractor is like suspenders on a loose pair of pants. If you don’t have the suspenders, you end up holding your pants with one hand, while shuffling through your daily tasks. Factoring has set me free from this type of burden because now, I’m not constantly worried about loosing my pants or worse, when jobs don’t pay in a timely manner.

Contract work is simple. You buy materials, organize skilled labor, and with the proper permits, projects are completed. Unfortunately, by the time a job is winding down, you have depleted a large amount of your capital, primarily on labor, which leaves a void until payment. With factoring, that void gets replenished immediately.

Since we started factoring, we have seen a significant increase in available cash flow, which has allowed us to increase tools, equipment, and the skilled hands to work them.

Factoring has also given us the confidence to take on much larger projects, which we normally might not have considered previously because of a lack of prompt payment and cash flow.

Factoring has supported our reputation for being able to fulfill contracts. With Fuller Business Funding, we know cash is coming within 24 hours, regardless of our client’s payment cycle.

Thanks a million Rex."
--An Environmental Abatement Contractor in Oregon

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