- 12 Jul
Construction Finance Choices For Clients Have Grown
Going back a few years the invoice finance companies that would fund construction based businesses were few and far between but in recent times the number of funding choices available to the construction sector has grown. Both factoring and invoice discounting are available as construction finance - so the clients can choose whether or not they want to chase their own sales invoices and there are now several invoice finance companies that will fund construction related invoices.
Some of the options available to construction sector companies include: Invoice Discounting, Factoring, contracts without a minimum term, all inclusive fees and selective funding against particular invoices or debtors as well as the traditional model of funding against all invoices on the sales ledger.
So the options to fund construction projects have grown and funding can be made available against staged payments and even uncertified applications for payment.
Good news for our clients within the construction sector.