Construction Invoice Factoring Boosts Cash Flow For Builders In Tough Economy.
The auto industry is getting all the attention during this recession but the construction industry is quietly feeling the pain also. You hear a lot about "housing starts," "sales of new homes" and "sales of existing homes" when analysts are discussing economic indicators but rarely do you hear a company mentioned by name. That's because there are so many more players in the industry and no single entity receives as much attention or has as much impact as a company like General Motors does for auto industry. But that doesn't mean that there are not just as many challenges for builders and contractors both large and small.
One of the major challenges facing the construction industry is