Construction Glossary
Invoice Factoring
Selling invoices to a third party at a discount in exchange for immediate cash, which can then be used to finance materials
What Is Invoice Factoring?
Insulation is a material or system used to reduce the transfer of heat, sound, or electricity between different environments. In construction, insulation is applied to walls, roofs, floors, and other building components to enhance energy efficiency, maintain comfortable indoor temperatures, and reduce noise. Common insulation materials include fiberglass, foam board, and spray foam.
Example
Financing method where invoices are sold to get immediate cash.
Related Articles
Finance
Subcontractor Cash Flow: What Turner Trade Partners Learned About the Construction Payment Cycle
Construction
GC Early Pay: An Overlooked Margin Opportunity in Construction
News