Construction Finance And Factoring

Funding designed for the construction industry in the United Kingdom (UK)

We offer via our UK affiliate team a construction finance and factoring solution designed for contractors and subcontractors who provide construction services under a contract, framework agreement, or Purchase Order in the United Kingdom. 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.

As a client, you can have access to funding which can provide certainty over what funds you have available, and in place, for the duration of any contract. Moving forward with confidence of a healthy cash flow and an on-going source of working capital which can help win, and complete, contracts without the burden of loan or credit card repayments or restrictive overdrafts.

Construction finance and factoring can help your business, which is designed to help subcontractors grow.  Our UK team understands the unique characteristics of the construction sector, as well as the needs of contractors and subcontractors with customers on long payment terms making partial payments for work completed, we can help your business if:

  • You are a contractor or Subcontractor working in the UK construction industry

  • You raise an Application for Payment for part or completed works

  • Work under a contract, framework agreement, or Purchase Order

  • You want to maintain a healthy cash flow to build working capital

In 2018 alone, our UK affiliate provided funding agreements ranging from £15k to £6.5m, lending more than £400m.

To have our UK team get back to you shortly, please complete the SHORT FORM below.

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Construction Finance key facts

Key features of Construction Finance and the benefits you can get working with the UK's leading alternative business finance provider for the construction sector.

FEATURES

  • Access funds when you submit an Application for Payment, rather than waiting for certification

  • Log your invoices using an online portal, anytime, anywhere

  • Complete credit control service that collects your outstanding invoices

  • Opt for confidential service to maintain long-standing customer relationships

  • Track the status of every contract you have, 24/7 via an online portal

  • We can also provide Asset Finance and offer optional Bad Debt Protection and Foreign Exchange services

BENEFITS

  • Funding against the value of invoices before they are paid

  • Speed: Access to cash within 24 hours of uploading your invoices onto our online portal.

  • Experience: Our UK affiliate team has been providing specialist finance to the construction sector since 2004.

  • Control: Manage your credit control and sales ledger.

  • Convenience: Check your funding at any time, 24/7 using our online portal.

  • Security: Add protection against customer insolvency with Bad Debt Protection.

  • Confidentiality: Confidential service so your customers won't know you are working with us.

  • Support: Access to industry specialists at The Vinden Partnership, who can review your contracts and offer additional advisory services.

  • Meet your upfront and ongoing labor and essential material costs

  • Hire new employees or retain and pay your skilled workers on time

  • Deliver existing contracts or take on new projects

  • Manage any seasonal fluctuations

  • Focus on the day-to-day running of your business if you choose a complete credit control service