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SFO Construction Mobilization Finance
This document discusses contract financing options for construction companies that experience cash flow issues. It notes that contractors often have to work unpaid for 90 days or more between starting a job and getting paid, which can cause major cash flow problems. It then describes the financing services offered, including providing 10% upfront for supplies and 80% advances on invoices within 48 hours to help with cash flow, as well as assistance with bonding. The financing is based on company financials rather than personal credit and is priced below factoring.
SFO Construction Mobilization Finance
- 1. Are You AContractor Who Needs Working Capital? (you’re not alone!) Solve your cash flow needs With Contract Financing Smart Finance Options, Inc. Email: [email protected] Phone: 512-807-8159
- 2. Construction Company CashFlow: • Your company is awarded a contract • You order supplies, hire workers, get the job started • You work on the job for 30 days • You submit an invoice for finished work • You get paid 45 – 60 days later • It is common to work unpaid for 90 days or more! AS YOU CAN KNOW, THIS CAN CAUSE A HUGE CASH FLOW PROBLEM! Smart Finance Options, Inc. Email: [email protected] Phone: 512-807-8159
- 3. Facts about CommercialContractors: • You worry about payroll & ongoing expenses • You need additional working capital to bid jobs – Need to prove ability to carry the company 90 days or more – Need working capital to qualify for performance bonds • Many contractors have had glitches in their credit • Many can’t qualify for a bank line of credit – Credit for constructions companies is getting harder! • Many need help with financing! Smart Finance Options, Inc. Email: [email protected] Phone: 512-807-8159
- 4. Our Contract Financing: •Can provide 10% mobilization before the job begins – Your company can purchase supplies to start work • Can provide 80% invoice advances in 48 hours – You get needed cash flow for labor & overhead • Can help you qualify for needed bonding • Helps you grow your business – Access to working capital improves bidding capacity Smart Finance Options, Inc. Email: [email protected] Phone: 512-807-8159
- 5. Our Contract Financing: •Is NOT based on the owner’s personal credit – We look at your company’s financial and technical strength • Is designed for small to mid sized construction firms – Annual revenues of $2MM to $25MM and more • Is priced below most factoring products • Does NOT require your business to sell invoices – We use invoices as collateral instead Smart Finance Options, Inc. Email: [email protected] Phone: 512-807-8159
- 6. To Learn More… • Call the financing professional who sent this to you – Get qualified today Charles Freeland, CEO ♦ Phone: 512-807-8159 Smart Finance Options, Inc. Email: [email protected] Phone: 512-807-8159