I am looking for a factoring company that purchases accounts receivable specifically from the construction industry.

• Riviera Finance - 3102 West End Ave #400, Nashville, TN 37203, United States
• CapitalPlus Financial Services - 2510 Solway Rd, Knoxville, TN 37931, United States
• CapitalPlus Financial Services - 326 Hackensack St, Carlstadt, NJ 07072
• CUMBERLAND FINANCIAL - 1734 Park Terrace Ln, Nolensville, TN 37135, United States
• Transportation Management Group - 3176 Hill Rd, Petersburg, TN 37144, United States
• Alternative Cash Solutions - 133 Holiday Ct #207, Franklin, TN 37067, United States
• TrueLink Capital Solutions - 2255 Memorial Blvd, Murfreesboro, TN 37129, United States
• Construction Invoice Factoring - 14 Wall St FL 20, New York, NY 10005, United States
• Construction Invoice Factoring - 2905 S Federal Hwy c12, Delray Beach, FL 33483, United States
• FreightCheck LLC - 555 Marriott Dr #240, Nashville, TN 37214, United States
• Contractor Financial Services - Gallatin, TN 37066
• Commission Express Advance Nashville - 4235 Hillsboro Pike #300, Nashville, TN 37215, United States

Yes. If you mean a company that actually purchases construction accounts receivable/invoices—rather than a conventional lender making a loan—there are several U.S. firms that specifically market construction factoring.

Construction-focused factoring companies

• Riviera Finance — Nashville office. Riviera specifically offers commercial construction factoring and says it purchases accounts receivable to provide immediate cash. It has been in the factoring business for 50+ years and says it works with commercial construction companies in the U.S. and Canada.Riviera Finance+1
• CapitalPlus Financial Services — Knoxville, TN. This is particularly construction-oriented and offers accounts-receivable financing/factoring along with construction materials financing.FactoringDirectory.org
• 1st Commercial Credit — specifically markets invoice factoring for construction contractors, subcontractors, construction suppliers, staffing companies and specialty contractors. It currently states a $100,000 monthly revenue minimum and says construction invoices can be funded based largely on the creditworthiness of the GC/customer.1st Commercial Credit+1

One important issue with construction factoring

Construction A/R can be substantially more complicated than ordinary commercial invoices because of retainage, progress billing, change orders, lien waivers, pay-when-paid/pay-if-paid clauses, and work-in-progress. A company that does ordinary invoice factoring isn't necessarily willing to purchase these receivables. RCR, Star Funding and Riviera, for example, specifically address construction billing structures.RCR International Finance LLC+2

If you're looking to sell a specific construction receivable, I can narrow this down considerably. Tell me:

• Approximate A/R amount you want to sell
• Whether you're a GC, subcontractor, supplier, or specialty contractor
• Whether the invoices are completed work or progress billings
• Typical payment terms (30/60/90+ days)
• Whether the customer is a GC, government entity, developer, or private owner
• Your state

Then I can identify 5–10 factoring companies that are specifically suited to that type of construction A/R, including their minimums, advance rates, fees, and whether they handle retainage/pay-when-paid invoices.

The construction industry has unique accounts receivable challenges—such as slow-paying general contractors, pay-when-paid clauses, and heavy upfront material and payroll costs . Because of this, not all general factoring companies handle construction invoices.1stcommercialcredit.com+2

Several established factoring companies specifically accommodate and specialize in construction industry receivables:

• Riviera Finance : Operating for over 50 years, Riviera explicitly targets commercial construction factoring. They offer high advance rates (reaching up to 95%) and have deep familiarity with navigating construction-specific documentation like lien waivers and notice of assignments.rivierafinance.com+2
• 1st Commercial Credit : Specializes heavily in construction contractors and construction staffing agencies. They provide services designed to help bridge the 30-to-60-day gap on slow-paying ownership groups or general contractors, though they typically look for a minimum track record and stable monthly invoice volume.1stcommercialcredit.com
• altLINE (The Southern Bank) : As a bank-affiliated factoring company, altLINE frequently works with heavy industrial, commercial, and specialty trade contractors. They are known for providing transparent fee structures and higher advance rates (up to 90%) tailored to mid-sized construction operations.forbes.com
• RTS Financial : Offers customized construction factoring programs geared toward contractors and subcontractors. They focus on turning slow pay-cycles into next-day cash while helping manage the cash-flow swings tied to seasonal construction ramps.

Key Things to Watch Out For in Construction Factoring

• Lien Laws & Notice of Assignment: Construction factoring requires the general contractor’s cooperation because they must acknowledge the payment redirection (Notice of Assignment).
• Retainage: Many general factors will not advance cash on retained percentages until the retainage is officially billed and approved. Look for a company experienced in handling construction retainage cleanly.
• UCC Filings: Ensure you don’t have conflicting liens (like a prior Merchant Cash Advance or bank line) that would block a factor from taking first-position UCC status on your receivables.mobilizationfunding.com

If you'd like to narrow this down, tell me:

• What is your approximate monthly billing volume?
• Are you working primarily as a subcontractor or a general contractor?

I can help identify which of these options aligns best with your business model.

Because the construction industry relies heavily on pay-when-paid clauses, progress billings, and complex retainage structures, most standard factoring companies avoid it entirely. Fortunately, several specialized factoring firms purchase accounts receivable explicitly from construction companies, general contractors, and subcontractors.jobpow.com+4

Top Specialized Construction Factoring Companies

• altLINE by The Southern Bank : Best for low-fee, bank-backed reliability. Because they are backed by a regulated FDIC bank, they offer highly competitive factor fees (starting around 0.75%) and can advance up to 90% of your invoice value. They routinely structure funding lines from $10,000 to $1 million for construction and B2B firms.
• Riviera Finance : Best for non-recourse factoring. Riviera Finance has over 50 years of experience and is an excellent choice if you want to avoid credit risk. Under a non-recourse agreement, they absorb the bad debt if your client fails to pay due to insolvency. They have no monthly minimums and provide robust back-office support to track progress payments.
• Apex Capital : Best for long-term industry expertise. While heavily famous in freight, Apex leverages over 30 years of operational experience to offer custom-tailored construction invoice factoring. They focus heavily on speedy verification processes to counter contractor payment delays.
• Capstone Corporate Funding : Best for complex project structures. Capstone specifically masterminds single-invoice factoring and progress billing finance for general contractors and subcontractors. They specialize in verifying milestone-based jobs and managing cash flow through massive project swings.
• 1st Commercial Credit : Best for flexible credit requirements. Operating for more than 20 years, they specialize in funding construction contractors who may have poor credit, past bankruptcies, or short operating histories.1stcommercialcredit.com+10

Key Metrics to Expect

Factoring Metricredlinecapitalinc.com+7	Typical Construction Industry Standard
Advance Rate	70% to 90% of the invoice total upfront

Critical Traps to Avoid in Construction Factoring

1. Verify Retainage Exclusions : Factoring companies rarely advance money against the withheld retainage (usually 5% to 10% of the contract). Ensure you know how the factor handles the retainage portion before signing.
2. Confirm General Contractor Notification : The factoring firm will reach out directly to your general contractor or project owner to verify that the milestones have been met before releasing funds. Make sure your clients are comfortable with this standard industry practice to protect your business relationships.
3. Understand Recourse vs. Non-Recourse : If you choose a recourse contract, you must buy back the invoice or swap it for a fresh one if your client doesn't pay within 60 to 90 days.capstonetrade.com+5

To help point you toward the right partner, could you share your average monthly invoice volume , whether you act as a general contractor or subcontractor , and if you prefer a recourse or non-recourse setup?simplexgroup.net