Common finance options for the Construction sector.
Factoring can be extremely beneficial for construction businesses which are consistently waiting a long time for payment. For this industry, in particular, it can speed up processes and alleviate problems releasing cash to deal with subcontractors and finance obtaining equipment and materials; this allows you to concentrate on your current projects and plan for your business’ future.
Whereas invoice discounting can provide you with the cash you need quickly and confidentially whilst also giving you the opportunity to maintain control of your own project and finances. If customer service and client relationships are of particular importance to you, then invoice discounting could be the ideal solution for you.
Construction is a complex industry so we will introduce you to industry-specific specialists who will work with you to make the factoring process as painless as possible so you can fulfill your contracts by having a secure credit facility available. Structured staged payments ensure you get the money you need when you need it for each and every stage of your project.
Our years of experience have taught us that not all businesses are straightforward but regardless we understand that a stable credit facility and cash when you need it is important to all businesses.
We will work with you to understand your business and its needs to put you in contact with a factoring company that will not only be the right fit for you but can offer you the best deal on the market.
Just a number of partners we’ve worked with
Bespoke Commercial Finance work with a number of banks and lenders with the knowledge and experience that will benefit you and your business. They will provide varied finance options, from invoice finance and asset finance to commercial mortgages and bank borrowing.
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Do you have any Construction financial requirements?
What our partners say
I have been working with Bespoke since starting at BCRS. They’re the ultimate professionals in the field. They’ve got excellent working relationships within a huge network and can always find the best options for clients. I’d recommend Dave to anyone looking for the right Invoice Financing or Factoring Company, no matter how individual their needs. No business is the same and Bespoke recognise this
— Christine Sims - BCRS Business Loans
We recently changed our Confidential Invoice Discounting provider in order to meet the needs of a growing business, and we were recommended Bespoke. At every stage, we could rely on their team’s wealth of contacts and experience and were able to choose our preferred provider from a high-quality list. Bespoke’s assistance in this process was invaluable, and I’d have no hesitation in recommending their services
— Martin Spare
Bespoke was recommended to me by an ex-colleague and friend. I can honestly say it was the best call I made when looking to complete my MBO. They listened carefully to my specific needs and introduced me to the most appropriate product, as well as supporting me throughout the process and beyond. I would not hesitate to recommend Ian to anyone looking for advice or introductions in order to fund a new business project.
— Sophie Howe
Managing Director, West Country Group
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Let’s work together
If you have a financial requirement within the Construction sector then please do not hesitate to get into contact using the form below.
One of our experienced sales team members will be in touch as soon as they can.