HGS FUNDING - Your Low Cost Factoring Service

HGS FINANCIAL GROUP, INC. - Your Low-Cost Facting Service Provider


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1. Freight Bill Factoring for Trucking Companies
2. Purchase Order Financing
3. Construction Factoring
4. Invoice Factoring for Small/Medium Companies
5. Invoice Factoring for Government Contractors
6. Invoice Factoring for Security Stafing Companies
7. Invoice Factoring for Temporary Staffing Agencies
8. Invoice Factoring for Independent Professionals

Financing for Subcontractors

Do you do construction work for a general contractor, the federal or local government or for another business? Do your clients take 30, 60 or 90 days to pay your invoices? We can get you paid fast!

You can get the funding you need to pay suppliers, subcontractors and employees, by factoring your construction invoices. You get immediate funds while we wait to get paid.

Our construction factoring financing program can help you get your invoices paid in as little as two days. As opposed to other types of financing, construction receivable factoring is quick and easy to obtain. The biggest requirement is that you do business with either the government (federal, state or local), reputable contractors or with other businesses.

Benefits of Construction Factoring

Factoring construction receivables has a number of benefits. The biggest benefit is that it will provide your construction business with predictable cash flow. However, other benefits include:

  1. No need to wait to get paid for your work. With construction factoring, you get paid immediately
  2. Financing that grows with your business. Your construction factoring lines grows as your business grows
  3. Factoring is easy to obtain and can be set up in a few days

How Does Construction Factoring Work?

Construction factoring is simple to use and can easily be used by any construction subcontractor. The program works as follows:

  1. You complete the job or job segment.
  2. You prepare invoices and send originals to HGS FUNDING.
  3. We verify the invoice with your client or general contractor
  4. We advance you up to 75% of the invoice (Installment #1). Sometimes, the advance is as high as 85%
  5. You get immediate funds to meet business expenses. We wait to get paid.
  6. Once we get paid by your client, we rebate you the remaining 25% (Installment #2), less a small fee

Construction factoring is easy to obtain, as opposed to most bank financing programs. The biggest requirements are that:

  1. You do business with reputable GCs or customers
  2. You run a good and growing business
  3. You dont have a performance bond for the invoices you wish to factor with us

We can work with subcontractors in various fields, including: Architects, Asphalt, Carpenters, Plumbing, Roofing, Excavators, HVAC / Mechanical Contractors, Concrete, Ceiling, Paving, Electrical, Dry Wall etc.

Would you like to learn more about our Construction Factoring Service? Click here to contact us for a FREE quote.