Construction Invoice Factoring works by advancing monies against any unpaid and outstanding invoices your construction business may have. Running a construction business presents many challenges and getting paid is probably at the top of the list. Having the right construction finance and funding in place is critical to maintaining sufficient cash flow to meet the demands of running a successful business.
Construction Companies can gets cashflow support by using any type of invoice funding product, this can help you put together a flexible and tailored cash flow finance solution using invoice discounting or factoring. These cash flow finance solutions are often the most effective solution for construction companies and are growing rapidly in popularity. The number of construction companies using invoice finance jumped 27% in 2017.
Staff needs paying, tool hire, materials and plant all need to be settled month end before companies are placed on stop, Alternative Funding helps overcome this issue by funding your application for payments or invoices.
Construction Invoice Factoring is even available against uncertified applications for payment, unlocking valuable cash flow to your business rather than facing delays while you wait for applications to be certified. Alternative Funding is the perfect fit for builders and construction companies looking to grow.
Alternative Funding is one the US’s largest Invoice Factoring Brokers for construction companies. Since we started in 2017 we have sourced and secured invoice funding for over 200 construction companies in the US.
The process is really simple to receive Invoice Factoring for Construction companies. If you invoice your clients or use application for payments, Invoice Factoring will work for you and your business. Simply complete the online form and submit with three months bank statements. Once we have received it a funding specialist for the construction industry will contact you at your earliest convenience.
You’ve already done the hard work and started your business. Leave the rest to us. We have a fast approval process, and will have your funds deposited into your account quickly, sometimes in as little as 24 hours.
In just a few shorts steps, we'll have everything we need and you'll be on your way to accepting payments
We provide the entrepreneur alternative ways to gain access to working capital. Our flexible and affordable repayment options are designed to minimize the burden on your pocket!
Unlike a bank, we have fewer requirements for funding approval and we don’t base our decision on your credit rating. Contact us today to see how Alternative Funding can work for you!
Your business is an expensive venture, imagine the peace of mind you’ll have with up to $1 million in unsecured capital available and ready for all of your financial challenges.