Construction - Business Finance - Staffordshire Derbyshire

Construction Finance

Businesses in the construction field want a flexible funding solution providing working capital and the added security of specialist bad debt protection.

The Solution

A specialist finance solution tailored to the construction industry from AVS Commercial Finance. It provides you with a flexible funding solution and the added security of bad debt protection.

What does this mean for your business?

An injection of cash into your business against invoices or applications for payment, providing an ongoing supply of funding during the life of your contracts or orders.
A source of funding that grows in line with contracts and orders obtained.
Our bad debt protection provides you with peace of mind that you will get paid even in the event of one of your customer's insolvency against invoices, or certified applications for payment.
We can offer you extended funding, as we do not disapprove your approved debts when they reach a certain age, providing real cash flow benefits for your business.
We can save you valuable management time by chasing for application certification, payment of outstanding invoices, agreed applications or managing contractual disputes on your behalf.
We can provide you with access to dedicated quantity surveyors and recovery professionals as part of our specialist funding solution.

What types of businesses are suitable?

Limited companies and Limited Liability Partnerships.
CIS 5 card holders (CIS 6 by exception).
Businesses that have been trading for 3 years.
Businesses turning over £1m and above.
Profitable businesses with positive net worth.
Businesses with creditworthy customers.

We can fund:

Ascertained invoices or applications for payment.
Divisible stage payments provided we have reasonable evidence that the works relating to that stage have been satisfactorily completed.

What does it cost?

The services are tailored to the construction industry so the fees will depend on your specific needs.

There are two main types of fee. The first is the cost of money you use, which is extremely competitive when compared with other forms of finance. The second is a service fee.

What to do next

If you would like to find out how Construction Finance can help your business then contact us today.

Call free on 0800 458 9924.

You'll be able to speak to an experienced member of our construction team who will answer your questions and explain in more detail how we can provide a flexible solution for your business.