Let Coastal Capital Group Get the Financing You as a Contractor Need to Keep your Construction Company Moving Forward.

Contractors that work on construction projects averaging $500,000 &above often need help managing their cash flow while they are completing the job. Contractors can now call the Coastal Capital Group for a line of credit. General Contractors and large Subcontractors can obtain a line of credit for construction projects that total $500,000 and above. We help pay for stored materials and equipment. We don’t put you through typical “bank requirements” – we help Contractors that have a proven track record of getting the job done.

Contractors simply cannot afford to wait 30-90 days or longer to get paid. We give Contractors access to available funds needed to support bigger projects. Contractors can now complete jobs without creating cash flow problems. Progress payments accelerate your cash flow to offset labor and fixed costs. You can pre-qualify in order to bid and win more projects and bigger jobs.

If your company’s growth has been restricted by your current bank, or your bank’s policies have changed and they no longer finance projects, or if you have been turned down by a bank for a line of credit -CALL US NOW!

Contractor Program Highlights

Access to Funds:

Working Capital Contractors Line of Credit for the entire scope of the project Initial “mobilization” funding to purchase stored materials Positive cash flow with contractors accounts receivable financing

Contractor determines when to access funds and the amount needed to maintain positive cash flow in order to complete the job successfully Up to 80% of the invoice amount advanced before the work even starts Up to 80% advance rate on progress payment invoices as work is complete

Affordability:

Per dime money costs are very affordable and easy to budget

Access all or a portion of the available funds on an “as needed” basis; up to 40% of the entire project’s value at any one time

Benefits:

Contractors can bid to win more jobs and bigger projects Contractors can better qualify for additional bonding

Contractors can purchase needed equipment instead of renting

Built-in Management Controls:

Third Party Administrator disburses and manages funding Verification of completed work is done on-site by our Engineer

Verification of invoices assures Subs are paid correctly Contact us today and one of our financial specialists will be happy to structure a plan for our business.