Supporting the Construction Industry receive the finance that they need
You will receive finance within 24 hours of being approved
Maintaining a healthy cashflow for day to day expenses, investment and growth
Helping Your Construction Finance Needs
Overview of Construction Invoice Finance
Construction companies face a number of challenges from increasing competition and the decline in work opportunities to long payment terms and late payments. This mix of challenges has left many construction firms with insufficient cash flow. This means they haven’t got the cashflow to meet their needs and to run their business effectively.
How does Construction Finance Works?
Construction finance is here to support companies by paying a percentage of their invoice value within 24 hours of them being approved.
Some lenders will also act as a Credit Control department where they will collect customer payments on your behalf. They will this confidentially, so your customers will never know that you’re using this facility.
What’s the benefit of Construction Finance?
Quick access to cash – Once your application has been approved, you will receive your finances within 24 hours.
Credit Control – Freeing up some of your time so you can concentrate on different aspects of your business
Maintain a Healthy Cash Flow – Allowing you to accept more jobs, invest in your plant and machinery and overall have more working capital to keep your business running.
As well as Construction Invoice Finance, we can help you organise finance to support new plant, machinery and equipment purchases through Asset Finance.