Financing
Why Consider Construction Financing?
Every stage of the construction process, from “placing the shovel in the ground” through the completion of the final sale to end users, is covered by construction finance. Due to the inherent risks of non-completion, fluctuating housing values, and the fact that there have been so many projects that haven’t been completed in the past, financiers have historically found it difficult to fund construction finance. We can collaborate with your construction company to divide up smaller projects into individual jobs and contracts and fill in the gaps to make managing working capital for development projects easier. Here are reasons to consider construction financing:
- You will have access to industry experts who are familiar with the operations of companies like yours and can assist you in locating the capital you require to increase your cash flow.
- You will receive assistance from professionals who evaluate your contracts to ensure they are free of any terms that could later because you issues.
- Additional credit control assistance is available if you want to entrust a team of experts to pursue delinquent accounts receivable. You can also choose an optional bad debt protection plan to safeguard your cash flow if one of your clients fails, which is a problem in the industry.
- You might also profit from asset financing to purchase equipment. This will eliminate the significant up-front expenses related to equipment purchases. These expenses can be stretched over time to increase your company’s liquidity.
We offer construction financing. Speak to our representative to get more details.