ASSET FINANCE AND INVOICE FUNDING SOLUTIONS
Asset Finance for the Construction Industry
Investing in plant and machinery, whether it’s a new crane, dumper or excavator, is key to running a successful construction business.
Robinson Financial Services Ltd are specialists in asset finance for the construction industry, our appetite for ‘yes’, means that we will take the time to understand your circumstances, saving you a substantial amount of time and hassle, and allowing you to get on with running your business.
We can also arrange refinance transactions to unlock any cash you may have tied up in your existing assets to help you fund alternative projects or release cash back into your business.
Below are examples of some of the types of assets we help finance for the Construction Industry:
Construction Finance releases funding when you need it by advancing cash against your uncertified applications for payment or staged invoices. It offers fast access to working capital. This method of finance gives you a safety net for your finances, so you don’t have to rely on payment from your customer before you can make staff and supplier payments, or take on new projects.
Sometimes, in order to pay your suppliers and sub-contractors on time, you may find that you need a helping hand to keep cash flowing while waiting for the money that you’re owed.
At Robinson Financial Services Ltd we understand the struggles that you can face as a contractor, and so we’ve developed a strong relationship with a large panel of finance houses who offer competitive Construction Finance Solutions to help you to access the cash that you need quickly.
Is it for me?
Construction funding is ideal for contractors and sub-contractors that have customers on long payment terms, who often pay late or only make partial payments for work completed.
Each can create a cashflow gap and make it difficult to meet costs through the various stages of a contract or take on more work. Construction Finance helps by giving you certainty over the funds you have available and releasing cash tied up in applications for payment and invoices raised at completion.
We support you by arranging a facility from a suitable finance house to advance cash against your applications for payment and invoices raised at completion. This allows you to meet your payment obligations throughout the various stages of a contract and take on more work knowing you have reliable funding in place.
Is your business suitable for Construction Finance?
Your business could be suitable for Construction Finance if you:
Are a contractor or sub-contractor working in the construction industry
Raise applications for payment and completed works
Work under a contract, framework agreement or Purchase Order
Have to cover weekly wages and material costs
Find out more about how our Construction Finance can help your business, email Nicole@RobinsonFinancialServices.co.uk or call 07480743503 today.