Bespoke, specialist solutions tailored for your Construction Business
Construction Finance with The Business Board offers funding solutions for construction companies including sub contractors who provide services under a contract, framework agreement or purchase order.
We understand the intricacies of the construction sector, in particular the needs of contractors and subcontractors with customers on long payment terms making partial payments for work completed.
Construction Finance allows you to enhance and control your cashflow, so you can run your business as efficiently as possible. By advancing cash against the value of your invoices, you can pay staff wages, negotiate better prices when buying stock/materials and settle debts whilst awaiting payment.
“Funding at the point an Application for Payment is submitted”
With The Business Board’s construction finance options, funding can be accessed at the point an Application for Payment is submitted. This gives you clarity over the funds you have available, and in place, for the duration of any contract. With a healthy cash-flow and a continuing source of working capital you can tender for, win and complete contracts without having the implications of restrictive overdrafts or loan repayments. The finance facility is as flexible as your business needs it to be, and it grows with you.