Who Needs Working Capital?
Download
1 / 6

Are You A Contractor? - PowerPoint PPT Presentation


  • 132 Views
  • Uploaded on

Who Needs Working Capital?. Solve your cash flow needs. With Contract Financing. Are You A Contractor?. (you’re not alone!). DevCorp. From. Contract. Financing. Construction Company Cash Flow:. Your company is awarded a contract. You order supplies, hire workers, get the job started.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Are You A Contractor?' - niel


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Devcorp

Who Needs Working Capital?

Solve your cash flow needs

With Contract Financing

Are You A Contractor?

(you’re not alone!)

DevCorp

From

Contract

Financing

www.devcorp.net 702-732-1305


Devcorp

Construction Company Cash Flow:

  • Your company is awarded a contract

  • You order supplies, hire workers, get the job started

  • You work on the job for 30 days

  • You submit an invoice for finished work

  • You get paid 45 – 60 days later

  • It is common to work unpaid for 90 days or more!

AS YOU CAN KNOW, THIS CAN CAUSE A HUGE CASH FLOW PROBLEM!

www.devcorp.net 702-732-1305


Devcorp

Facts about Commercial Contractors:

  • You worry about payroll & ongoing expenses

  • You need additional working capital to bid jobs

    • Need to prove ability to carry the company 90 days or more

    • Need working capital to qualify for performance bonds

  • Many contractors have had glitches in their credit

  • Many can’t qualify for a bank line of credit

    • Credit for constructions companies is tight, tight, tight!

  • Many need help with financing!

www.devcorp.net 702-732-1305


Devcorp

DevCorp’s Contract Financing:

  • Can provide 10% mobilization before job begins

    • Your company can purchase supplies to start work

  • Can provide 80% invoice advances in 48 hours

    • You get needed cash flow for labor & overhead

  • Can help you qualify for needed bonding

  • Helps you grow your business

    • Access to working capital improves bidding capacity

www.devcorp.net 702-732-1305


Devcorp

DevCorp’s Contract Financing:

  • Is NOT based on the owner’s personal credit

    • We look at your company’s financial and technical strength

  • Is designed for small to mid sized construction firms

    • Annual revenues of $2MM to $25MM and more

  • Is priced below most factoring products

  • Does NOT require your business to sell invoices

    • DevCorp uses invoices as collateral instead

www.devcorp.net 702-732-1305


Devcorp

To Learn More…

  • Look over this web site very closely

    • Many questions will be answered here

  • Click on the “Do You Qualify” button

    • Find out if you qualify

  • Contact Mr. Kim Zook, National Sales Manager

    • kwzook@devcorp.net

    • 702-540-8955 cell

www.devcorp.net 702-732-1305


ad