Capstone Business Funding closed a one year $1.7 million non-recourse factoring facility for a framing contractor. Capstone Business Funding, LLC closed a spot factoring facility for a Washington DC based construction firm that specializes in renovating historic buildings and other commercial spaces. Additionally, Capstone Business Funding, LLC closed a $2.5 million non-recourse factoring facility for a minority marine contractor that specializes in providing construction service to state and federal agencies with marine construction contracts throughout the eastern seaboard.

Capstone provides a vertically integrated platform for it’s purchase order and trade finance clients that allows it to finance the entire trade cycle from the issuance of a payment instrument or supplier credit facility through the factoring of the related accounts receivable once goods or services are delivered.