Section 6
Real Stories: LJS Waterproofing
How Mary at LJS Waterproofing used EPP to take on bigger jobs.
Mary Grubbs, Owner of LJS Waterproofing, offers genuine insights through the eyes of the trade partner faced with being paid 30, 60, even 90+ days after putting the work in place. Mary points out that cash flow is vital to her company as it is with every specialty contractor - in Mary’s words, “it’s paramount”. She goes on to bring to light that the small business essentially needs to “fund the job for as long as the job lasts”, putting immense pressure on the contractor to maintain cash flow.
It’s true, the industry has been structured this way for many generations and it’s “par for the course” as they say. However, the byproduct of this business arrangement unfortunately introduces significant risk below the surface, risk that Constrafor views as avoidable and unnecessary in today’s construction marketplace, says Anwar Ghauche, CEO of Constrafor.
LJS Waterproofing engaged with Constrafor to accelerate payment on her invoices and Mary shares her experience of being paid within a couple of days and in Mary’s words “it was beautiful to have her GC pay Constrafor and it was truly seamless”. The best part for LJS Waterproofing and customers of Constrafor is that the fees are universally viewed as inexpensive and unlike traditional financing from banks and lenders who don’t cater to construction and understand this business like we do.
The result for Mary and her team at LJS Waterproofing is that the pressure was relieved and allowed her to focus her team on delivering the best work possible for her GC.