Construction Invoice Finance and Building Business Growth

How Invoice Finance Can Help Your Construction Company?

It’s difficult enough to manage a construction business with looming deadlines and having to stay on schedule. Along with the struggle of waiting what seems like forever to receive payment for a completed project, cash flow gaps can make it difficult to manage your finances.

Construction invoice finance can help you access cash without the long waiting periods. This way, you can continue to focus on the core areas of your business without having to chase customers. Your company can benefit from our expertise; we work with major funders that support the construction industry. This means we can provide your company with quick estimates on the amount of funding you can receive.

We provide finance for construction companies for them to receive fast estimates, access funds quicker and enhance their financial operations.

Contact Us Book Your Review

Benefits of Construction Invoice Finance

Construction invoice finance provides businesses with peace of mind they, regardless of circumstances out of their control, can continue to operate without worrying about their next payment. Other benefits include:

  • Improved cash flow– We understand how frustrating it can be to wait on payments and not have access to funds that belong to your construction company. Cash flow can be steady and consistent with our finance services, so you won’t have to worry about getting paid.
  • Bad debt protection– This safeguards your business if a customer doesn’t pay. This is a form of insurance that protects your company and helps ensure financial stability.
  • Invoice amount is received quickly– Receive your money upfront without a long wait. Help your business stay financially stable without the stress of trying to reach a client.
  • Enhances credit management– Construction companies can benefit from paying suppliers on time, prevent unnecessary debt and maintain a consistent flow of capital.

Finance Services for the Construction Industry

Finance for construction companies also includes options for invoice factoring and discounting. Both these options can help your business grow and overcome any early challenges you may be facing.

Factoring can provide immediate access of up to 90% of the invoice value, so you won’t have to worry about waiting on customers who are suddenly hard to reach. Invoice discounting can help construction companies access cash as their sales increase. Your company can receive a cash advance that’s directly tied to your sales, so you never have to stress about your funds.

How Does Construction Invoice Finance Work?

You might be surprised to learn it’s a straightforward process that can be explained in just a few simple steps. Let’s walk through how construction invoice finance works.

Step 1: Submitting invoices- After you’ve finished your project or delivered goods, you issue your customers with an invoice. Instead of waiting for them to pay, submit these invoices to Pathfinder and we will connect you with the best lender.

Step 2: Access funds- The lender will provide a percentage of the invoice value; the rate can often vary but they can be as high as 90%.

Step 3: Payment collection- Collect your payment and continue going about your day-to-day operations. Once the customer has completed their payment, you can repay the lender the advanced amount.

Contact Our Construction Finance Specialists Today

Contact us and fill out our simple call back form to discuss how construction invoice finance can help your business access funds quicker with no delay. Book a call with a member of our helpful team and we can discuss any enquiries you may have. Choose the date and time that works best for you, and we can provide a finance review tailored to the needs of your construction company.

Name(Required)
Email(Required)
Consent(Required)
(Required)

“We used the team at Pathfinder Invoice Finance to help us raise capital to purchase a business and provide ongoing working capital. Their knowledge of funders who support the construction industry was extremely helpful and their honest advice and support was and still is invaluable. They are always on hand to assist us if we need it. We would highly recommend Pathfinder to anyone looking for business finance and have already referred other clients to them.”
Josh Eiles-Clark, Group Managing Director, Wood Mace Ltd

“We were looking for a facility to support our growth plans post-pandemic. With large investments in inventory and machinery to support a ramp up, we needed to ensure we had access to funds to support all aspects of our supply chain and customer ambition. We wanted some independent advice and support to find the right facility for the business. The team at Pathfinder took the time to understand our business needs and infrastructure, resulting in providing us with exactly the right solution for the company, both from a financial and relationship perspective. I would highly recommend them for any business related finance advice.”
Peter, Managing Director, Engineering Business

“We found ourselves requiring a specific credit insurance and funding solution for one of our long-standing clients. They took the time to really understand what was required, analysed what was available across the whole market, and subsequently provided an excellent bolt-on solution to our existing finance partner’s services. This was all done in a relaxed and friendly manner with minimal red tape. Both the client and I are very happy with the solution they delivered. I would thoroughly recommend a chat with Pathfinder should you have any business finance related conundrums, no matter how big or small.”
Robert Bond, Managing Director, Bond Williams.