Construction Factoring in Charlotte, NC

Charlotte is one of the fastest-growing construction markets in the Southeast — banking-district commercial towers, data centers, corporate campuses, and a deep residential and multifamily pipeline. Contractors and subcontractors invoice general contractors and developers on net-30 to net-90 terms, often with retainage, while payroll, materials, and equipment come due now. Construction factoring advances typically 80-90% against approved progress billings, so you get paid without waiting on the GC. Y Millennial Funding offers construction factoring for Charlotte contractors and subs, plus revenue-based funding from $50,000 in monthly revenue, approved on receivables and revenue rather than credit. Factoring is the purchase of receivables, not a loan. Not all applicants qualify.