CapitalPlus Financial Services announced the successful facilitation of $5 million in funding for a leading mechanical contractor based on the West Coast.

"Our cash flow supporting options play a pivotal role in supporting mechanical contractors, particularly on the West Coast, where substantial capital is essential for large-scale projects," explained Curt Powell, Vice President of Sales. "This funding played a pivotal role in guiding this mechanical contractor through a financial challenge that originated back in 2018 and had been constraining them since then. Being able to use one of our construction-specific solutions has empowered their businesses in ways that others have not been able to.”

“We have been in the construction-only funding space since 1998 and every single time we help a business, it is a thrill” adds President Scott Applegate. “We know we are transforming a struggling business into one that can take off and grow. It makes coming into work exciting.”