Construction Factoring in New York City

New York City construction runs on some of the longest payment chains in the country — high-rise commercial and residential towers, public works, institutional projects, and buildouts across the five boroughs. Contractors and subcontractors invoice general contractors and developers on net-30 to net-90 terms, often with heavy 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 NYC 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.