Instant funding secrets for construction contractors revealed today
Real-World Examples and Statistics
In the United States, the construction industry's reliance on instant funding is evident. According to the Construction Financial Management Association, cash flow issues are a leading cause of business failure in the construction sector5. Invoice factoring, for example, has become increasingly popular, with many contractors using it to bridge the gap between project completion and payment collection.
A study by the Equipment Leasing and Finance Association found that 78% of businesses use some form of equipment financing, highlighting its importance in maintaining operational efficiency6.