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Are You A Contractor?

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.

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Are You A Contractor?

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  1. 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

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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

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