The construction industry has found it difficult to find finance due to its contractual nature, but construction finance from Tradie Cash Accelerator solves this problem.
Construction Invoice Finance is an attractive solution to negative cash-flow problems and has proved a lifeline to businesses in most sectors, especially since the credit crunch. However, one sector which has found it particularly difficult to source finance in this way is the construction industry.
Construction Invoice Finance:
Construction invoice finance (also referred to as ‘construction factoring’) is a funding solution for subcontractors through which cash is advanced on approved claims. This can be for works carried out within a contract, construction agreement or purchase order.
Asset Finance:
Asset finance enables you to grow your business using the latest equipment, vehicles and technology. You can choose to invest in new equipment or release funds tied up in existing assets. Funds can be made available relatively quickly with clear terms.
Cashflow Finance:
Cashflow is one of the biggest financial challenges that any small business will face. Without readily available cash, it can be really hard to push on and grow the enterprise, and in severe cases, it can even threaten the viability of the business.