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Late Payments

Late payments can stunt cash flow and prevent businesses from trading effectively. When faced with delays from customers and other construction companies further along the chain, businesses may struggle to pay their own suppliers on time, resulting in a long line of cash flow problems between several businesses.
Financing your business growth.
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Financing your business growth.
Let’s get started

Most businesses will find themselves tackling late payments at some point, and it’s no different for those within the construction industry which is well known for late or unpredictable payments and long lead times.

When there is more money going out than there is coming in, growth can be stifled and in some cases, production can be ground to a halt.

Construction Finance from Aldermore offers those within the construction industry fast access to working capital advanced against uncertified applications for payment or staged invoices. This means that you won’t have to rely on prompt payments in order to buy materials, complete projects and pay your own invoices.

Aldermore can buy your unpaid customer billing and after deducting an agreed-upon fee, we’ll give you the invoices’ value straight away.

  • Business
  • Invoice Finance
  • SME
  • Construction

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