Banks are often reluctant to extend credit to commercial contractors because of the industry’s uncertainties. That’s why Evergreen Working Capital has launched Contractor Capital.
What We Do
Contractor Capital accelerates cash flow by advancing up to 90% of the pay app amount within 24 hours of approval.
How It Works:
Contractors submit a pay application to their customer as normal and send a copy to Evergreen.
Evergreen will confirm status of work completed with the general contractor or owner to ensure satisfaction and approval of the pay app.
Receive Contractor Capital
within 24 hours of approval.
Evergreen's management team has over 60 years of experience solving working capital problems.
With an in-house underwriting team, we make decisions efficiently, so your operations run smoothly.
Better Risk Management
We vet customers, projects and suppliers. Our team manages lien waivers and contract compliance.
"We were starting to take on bigger projects and needed to finance a lot of the material and work in progress. It was hard for us to keep up with all of the material orders that we needed for all the separate jobs. Evergreen allows us to save our money and use theirs when we need to buy something. When the project pays, they get paid. It's very beneficial. They have been a real pleasure to work with. I would recommend them to anyone."
— John Seebode, Owner of Bayou Granite & Marble in Houma, LA