Bill Rioux Email and Phone Number
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✉ brioux@riouxcapital.com☎ 512-329-9123★★★ SUBCONTRACTOR WORKING CAPITAL CHALLENGES ★★★Subcontractors face working capital and cash flow challenges often waiting 45 - 60+ days to get paid on their invoices due to traditional payment processes in the construction industry.Construction starts are at their highest point since the economic downturn. Subcontractor backlog is continuing to increase.Bank lending is tight, especially to subcontractors, as construction payments are complicated transactions, fraught with potential risks.The working capital cycle in construction is broken and getting worse.★★★ HOW WE HELP SUBCONTRACTORS ★★★►► Improve Cash Flow - we accelerate cash flow by advancing funds to our subcontractor clients at the time they submit their payment applications to their general contractors.►► Improve Back Office Efficiency - our outsourced back office services allow our clients to spend more time on projects and less time and money on back office functions.►► Evaluate Credit Risk - consult with our clients to evaluate credit risk and to negotiate appropriate contract terms and conditions.►► Lien Compliance - our lien compliance service helps maintain lien rights by providing the appropriate notices during the life of a project.★★★ SUBCONTRACTOR BENEFITS ★★★►► Increase cash on hand to pay employees, suppliers and subcontractors on time►► Capital readily available to take on additional work and grow their business►► Minimize time and expense spent on the back office►► Minimize slow or non-payment customer accounts►► Improved relations with general contractor customers and suppliers►► Sleep better at night knowing you have a financial and back office partner to support youFor more information, please call me at 512.329.9123 or email me at brioux@riouxcapital.com.
Rioux Capital
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- riouxcapital.com
- Employees:
- 1
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Rioux CapitalAustin, Tx, Us -
PresidentRioux Capital Feb 2009 - PresentAustin, Tx, UsRioux Capital is a specialty finance company that specializes in providing accounts receivable financing and factoring to commercial construction subcontractors.Rioux Capital clients typically have annual revenues of $1MM - $25MM with outstanding A/R of $150K - $5MM and ongoing borrowing needs of $100K - $4MM.In addition to Rioux Capital's financing solutions, Rioux Capital provides various back office support and consulting services to help subcontractors decrease costs, minimize risk and grow revenues.Rioux Capital works with all types of construction contractors including: Asphalt / Concrete, Cable Companies / Utilities, Carpenters, Celing / Drywall, Cell Tower Construction, Demolition, Electrical, Energy, Excavation / Dirt Work, Fire Suppression, Flooring, HVAC, Landscapers, Painting, Paving, Plumbing, Roofing, Security Firms, Steel Erection, Steel Fabricators, Supply Houses, Tile Contractors and Underground Utilities.Mr. Rioux works closely with business owners to develop solutions that meet the needs of the business and that help owners recognize their goals. Mr. Rioux is a serial entrepreneur and loves working with business owners to grow their business. He treats clients like business partners and hopes they do the same. -
PrincipalRioux Consulting Feb 2009 - PresentRioux Consulting works with SMB CEOs to accelerate enterprise value whether it be to stimulate revenue growth, improve profitability, optimize internal processes, or strengthen an organization's strategic and execution capability.Mr. Rioux has successful experience both as a company owner and senior manager with startups, fund raising, turnarounds, mergers and acquisitions. -
PresidentFlex Discovery Solutions Jan 2011 - Aug 2012Assist corporations and law firms in developing comprehensive Discovery Management systems to minimize the cost, risk and time associated with Discovery.Develop, deploy and manage new innovative Managed Services offering for the legal industry.
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Managing DirectorUnitedlex Corporation Apr 2009 - Nov 2010New York, Ny, UsDevelop and deploy business plan and sales strategy for channel partner division. Strategic consulting with clients and partners on LPO market and services. -
Vice President Sales & Business DevelopmentIe Discovery, Inc. Sep 2007 - Feb 2009Build out national sales team and position company for signifant growth. Identify, analyze and execute on strategic business opportunities and partnerships.
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Founder & PresidentApex Document Solutions Mar 2000 - Aug 2007London, GbFounded, managed, developed, and sold litigation support / electronic discovery company to publicly traded BPO company in India.
Bill Rioux Skills
Bill Rioux Education Details
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The University Of Texas At AustinEconomics
Frequently Asked Questions about Bill Rioux
What company does Bill Rioux work for?
Bill Rioux works for Rioux Capital
What is Bill Rioux's role at the current company?
Bill Rioux's current role is President at Rioux Capital | Subcontractor Finance Specialist | Ask me how to get funding for your contracting business..
What is Bill Rioux's email address?
Bill Rioux's email address is bi****@****use.com
What is Bill Rioux's direct phone number?
Bill Rioux's direct phone number is (512) 329*****
What schools did Bill Rioux attend?
Bill Rioux attended The University Of Texas At Austin.
What are some of Bill Rioux's interests?
Bill Rioux has interest in Business Planning, Reading, Sports, Cloud Based Technology, Golf, Fishing, Startups.
What skills is Bill Rioux known for?
Bill Rioux has skills like Business Development, Strategy, Management, Saas, Consulting, Mergers And Acquisitions, Strategic Planning, Contract Negotiation, Business Planning, Professional Services, Executive Management, Leadership.
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