by Nick Mayhew | Feb 25, 2019 | Construction Finance
Construction projects are typically characterised by their complexity. An extensive network of overlapping contractors and a considerable investment of resources need to be employed before payment is received for much of the work. It is why significant effort goes...
by Nick Mayhew | Feb 25, 2019 | Construction Finance
Construction companies are driven by the finance available to them. Finding finance can be difficult in an environment where the potential for growth has varied widely between the pessimistic projection of 0.6% in the year ahead by Planning and Building Control Today...
by Nick Mayhew | Aug 15, 2018 | Invoice Finance
Ask 10 peoples’ opinions about invoice finance and you’ll get 10 different answers. “Your customers will think you’re struggling”. “It’s expensive.” “It’s only for companies in trouble.” Like most myths, there is, or rather was an element of truth behind these claims....
by Nick Mayhew | Jul 26, 2018 | Cash Flow Finance
In construction, business moves fast. If you’re the main contractor you’re often expected to front the cash for supplies and subcontractors before you’ve received payment from your client. If you’re a subcontractor, you’ll often be paid late, especially if your client...
by Nick Mayhew | Jul 18, 2018 | Invoice Finance
Invoice finance can help you get through slow business periods. Each business sector has its own unique seasonality pattern. For construction companies, the work can slow down in the winter as the weather gets colder and the days get shorter. On the other hand, a...