Construction factoring is a great way for subcontractors to have the working capital they need to meet payroll, pay vendors, and grow their business.
Commonwealth Capital Provides a Gap Financing – Factoring Line to a 92 Year Old, MN Based Contractor.
The Situation:
Rainville-Carlson, a fourth-generation company, is a leading contractor in industrial and commercial roofing, sheet metal, and custom metal fabrication throughout the Twin Cities metropolitan area.
Despite many highs and lows throughout the past 92 years, Rainville-Carlson was experiencing a strong market with abundant opportunity. The company began winning more bids than they had in previous […]
Architectural Products Maker Funds Growth By Factoring
Commonwealth Capital was recently introduced to a growing maker of architectural products. The Company is a Minneapolis-based subsidiary of a foreign parent company. While the parent company has been in existence for many years the domestic subsidiary was wrapping up its start-up phase. With a rapidly expanding order pipeline, the Company was in needed working […]
Commercial Construction Subcontractor Finds Growth Capital by Factoring
Commonwealth Capital, LLC, a leading provider of invoice factoring to businesses in the Upper Midwest, today announced that it has provided a $200,000 factoring facility to a Minnesota-based commercial construction subcontractor.
Company Description and Needs
The minority, woman-owned, startup commercial construction subcontractor was in need of additional working capital to grow their business. The Company is well-positioned […]
Commonwealth Capital Provides Invoice Factoring to Minnesota Contractor
Minneapolis, MN, June 25, 2013: Commonwealth Capital, LLC, a leading provider of invoice factoring to businesses in the Upper Midwestern United States, today announced that it has provided a $125,000 factoring facility to a Minnesota-based commercial construction subcontractor. The invoice financing will provide the working capital the growing Company needs so they can meet their […]
Commonwealth Capital Funds Property Maintenance Company
Minneapolis, MN, March 31, 2013: Commonwealth Capital, LLC (“Commonwealth”), a leading provider of accounts receivable financing to businesses in the Midwestern United States, today announced that it has provided a $75,000 factoring facility to a commercial property maintenance contractor. The financing will provide the working capital the Company needs to pay suppliers, subcontractors, and its […]