Factoring for construction industry subcontractors
Factoring companies turn their noses up at the idea of offering factoring facilities to subcontractors in the construction industry but there are one or two factors that have an interest in this area even if the company is operating under the terms of JCT certificates and issuing “Applications for Payment” instead of invoices.
There is even a confidential factoring facility available that can be used in cases where the main contractor refuses to deal with a factoring company.
One factoring company has a special "construction" department with access to a range of construction professionals including quantity surveyors, who can manage contractual disputes on their behalf.
We
have arranged factoring for electrical contractors, flooring contractors,
roofers and scaffolding companies already this year
There are four interesting case histories showing how this type of specialised finance helped four completely different companies.
There are no charges for our services and you have our guarantee that we will only introduce you to one of the few factoring companies that actually perform.
For an informal chat, please contact Factoring Solutions without any obligation whatsoever
