[New post] Constrafor grabs $106M in equity, credit to finance construction subcontractors

Aditi Pathak posted: " Large construction projects often take a long time to finish, and subcontractors can get caught up in the flow of money, waiting, in certain circumstances, up to 80 days to be paid by general contractors. This not only causes delays, but also means subco" StartupLanes.com Constrafor grabs $106M in equity, credit to finance construction subcontractors Aditi Pathak Jun 3 Large construction projects often take a long time to finish, and subcontractors can get caught up in the flow of money, waiting, in certain circumstances, up to 80 days to be paid by general contractors. This not only causes delays, but also means subcontractors are essentially being asked to finance their portion of the project, […] Read more of this post Comment Unsubscribe to no longer receive posts from StartupLanes.com. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.startuplanes.com/constrafor-grabs-106m-in-equity-credit-to-finance-construction-subcontractors/ Powered by Jetpack