Funding designed for the construction industry
Construction finance and construction factoring is a funding solution for contractors and subcontractors where payments are advanced based on the value of raised invoices. This can be for works carried out within a contract, construction agreement or purchase order.
It provides funding by advancing cash against the value of invoices raised on the completion, or part-completion for staged contracts, of work carried out.
If you’re facing the pressures of paying suppliers and employees due to unpaid invoices – construction finance can help support your business and offer the healthy cash flow required. Not only is cash flow one of the biggest obstacles for businesses, but it can also create lags in construction projects at every stage. You can look to address these cash flow issues, creating a more stable cash flow to help your business grow.
A shortage of money may mean you can’t spend money on necessary expenditure, including building materials, staff wages, supplier payments, bills and other expenses. With construction finance, you can receive up to 95% of the invoice value in as little as 24 hours. It’s quick, stress-free, and best of all – you don’t have to worry about cash flow again.
Funding for the construction sector
- Improves cash flow for your business
- Release cash against staged invoices or sales invoices
- Designed for contractors and subcontractors in the construction sector
Please call us today to see how we can help or submit an enquiry and we will contact you.