NOBLE FINANCE$: Accelerating CA$H Flow  





 

 

Construction Factoring

 Would faster cash allow you to be more successful? Find out about this special financing program.


Contractors and Subcontractors
We specialize in providing “debt-free” capital to contractors working on project for any level of the government. You may also be able to obtains funding for work on large commercial projects. Subcontractors working for general contractors with good credit, also qualify for this financing.

If you meet the above criteria and have invoices of $10,000 or more, then you can get started by filling out an application. In addition to the corporate documentation mentioned on the General Factoring page, expect to pay a $750 due diligence fee after we make the initial decision to proceed with your application. Also, subcontractors must make sure that the general contractor is willing to verify and sign off on your invoices and make payment to a third party, the Factor.



An Example

 Note: rates and fees may be different in your particular situation
 

Invoiced Amount $100,000
Retainage (10%) $10,000
Amount Used to Compute Advance $90,000 (Invoice amount less retainage)
Advance Percentage 60%
Amount Advanced $54,000
60 Day Discount Rate 8%
Fees for 60 day advance $8,000 (Discount Rate times Original Invoice Amount)
Amount Rebated after Invoice Is Paid $28,000 (computed as: $90,000 - $54,000 - $8,000 = $29,000)
Total Amount Received After “Retainage” Amount Is Paid $92,000 (Initial advance, plus rebate, plus retainage)



To get an application form




Get a FREE, No Obligation Consultation!

Contact us IMMEDIATELY at 404-374-3384 or cashflow@nobleadvantage.com
to find out how an accelerated cash flow can benefit you.
Click SmallBusinessConsulting.com

for more strategies for building business credit and strengthening your business.
 


 

Noble Finance$: Accelerating Cash Flow!
 A Diversified Cash Flow Specialist (DCFS) company, certified by the
American Cash Flow Institute®.
Noble Finances is a division of Noble & Associates Consulting, Inc.
 

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Noble & Associates Consulting specializes in I.T. Needs / Strategy Assessments, unbiased Software Selection assistance, and curing Post Implementation DistressSM. We also have full life cycle implementation expertise in SAP, Oracle and other enterprise-wide software solutions.



 

 

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