Construction Factoring
Receivables financing structured for general contractors and subcontractors, accounting for progress billing, retainage, and pay-when-paid clauses common to the trade.
Why construction is structurally different
Construction receivables are not standard invoices. They sit inside AIA G702/G703 progress billings, often with 5 to 10 percent retainage held until project completion, and they are frequently subject to pay-when-paid or pay-if-paid clauses.
Generalist factors misprice this exposure. Construction-specialized factors underwrite the project, the owner, the GC, and the retainage profile together.
See how this structure is used in practice.
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