Construction Finance

Construction Finance offers fast access to working capital for a wide range of businesses within the construction sector.  If you’re looking for a finance solution to support and help your business grow, then allow us to help take the pressure off.

National Federation of Builders Associate Member

Let’s get started

Let’s get started

How does it work?

Construction Finance releases funding when you need it by advancing cash against your uncertified applications for payment or staged invoices. This gives you a safety net for your finances, so you don’t have to rely on payment from your customer before you can make staff and supplier payments, or take on new projects.

  1. Send us your billing – this can be staged invoices or applications for payment
  2. We release an agreed percentage - as much as 70% of the value (minus our fee) – typically within 24 hours
  3. Once your customer makes payment to us, we release the remainder to you
  4. We recalculate funds – so you always know where you stand

Why Aldermore Construction Finance?

At Aldermore we understand that the construction industry faces its own set of unique challenges and that cash flow issues can arise due to the cost of materials and extended or unpredictable payment cycles.  We really get to understand your plans and ambitions to provide you with a finance facility designed specifically for your sector and to meet the needs of your business

  • Flexible & transparent: With an upfront proposal for your business, that includes a clear structure of your funding and costs, so you know what you’re getting.
  • An expert team: We will apply our long established track record with contractors and invest time to help your business
  • A personal service: Your dedicated relationship manager will be on hand to provide ongoing business support, as much or as little as you need
  • Access to other industry experts: Should you need them, you’ll have access to quantity surveyors, dispute resolution and other industry specific experts
  • Optional Confidential facility: Your customers needn’t know your using it, if you choose to take a confidential facility. 

Can we help your business?

Construction Finance can help a wide range of businesses in the construction sector if:

  • You have a need for working capital and are typically operating under stage payment contracts it could be an ideal source of funding.
  • You are a contractor or a sub-contractor in the construction sector
  • You have an annual sales turnover typically of 250k or upwards


Contact our team to find out more about how we could help your business

Bad Debt Protection
 

Bad Debt Protection is a sensible choice for any business wishing to safeguard against potential losses which may be incurred if customers can't or won't pay their debt. Bad Debt protection can be taken in conjunction with an Aldermore Invoice Finance Facility.  

 

Invoice Finance FAQs

Subject to status. Security may be required. Any property or asset used as security may be at risk if you do not repay any debt secured on it.