Apply For Construction Factoring Today
Up To 80% Advance Rates From 0.1% Fund Applications For Payment Free Trial Periods No Set Up Fees Get Funded In 24 Hours
Apply in minutes, there’s no affect on your credit score and you can get a decision within 24 hours.
“I highly recommend any business looking to improve cash flow to speak to Terry and the team he has at Adept.”
“I highly recommend any business looking to improve cash flow to speak to Terry and the team he has at Adept.”
£50k+ annual turnover
6 months+ trading
Up to 80% invoice advance
All credit profiles considered
We Make Construction Factoring Easy
Our experts take all the stress and confusion out of applying for finance
Apply online in minutes
To get things started, share some basic information about your company and how much you’re looking to borrow with us. Applying does not affect your credit score.
Review your offers
Our LoanTech decision engine will save you hours by telling you in minutes how much you can borrow and which lenders you can apply to.
Get funded
We discuss the available options with you and manage the application process through to completion. Funds can be available in as little as 24 hours.
What Is Construction Factoring?
Tired of waiting on customer payments? Long terms and late checks squeezing your cash flow?
Construction factoring is your answer. It unlocks cash tied up in invoices, getting you paid almost instantly. No more waiting weeks – focus on projects, not collections.
This solution tackles the cash flow issues that plague construction. Get the money you need to cover payroll, materials, and equipment – now.
Construction factoring: keep your projects on track and your business growing.
Is construction factoring right for my business?
Struggling with slow-paying clients and tight cash flow? Invoice factoring can unlock capital trapped in outstanding invoices. It’s ideal for B2B construction businesses with creditworthy customers but long payment cycles.
Factoring frees you from chasing payments, improves cash flow for payroll and materials, and lets you focus on projects. However, fees can add up, and you give up some control.
What are the Benefits of Construction Factoring?
Fast Funding
No more waiting for customers to pay. You can access funding within 24 hours of issuing an invoice.
Improved Cash Flow
Keep on top of staff wages, supplier bills and HMRC with immediate access to cash.
Uncapped Growth
Flexible funding with no fixed upper limit, so you can scale your business quickly.
Protection
Customer credit checking and optional bad debt protection reduces the risk of bad debts.
Saves Time
Spend more time growing your business, less time chasing payments (if credit control included).
Easy Access
No credit scoring or lengthy application process, get funding even if you have bad credit.
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Prefer to talk? Call us on 0208 137 0105
Invoice Factoring for any Type of Construction Business
We understand the cash flow challenges commercial construction companies face. Factoring construction invoices is a fast and simple way to improve your cash flow today.
General contractors
Residential building
Demolition
Plumbing
Roofing
Landscaping
Painting
Utilities
Electrical contractors
Engineering
What Our Clients Say
Frequently Asked Questions
What is construction factoring?
Construction factoring is a financial arrangement where construction companies sell their outstanding invoices to a factoring company at a discount. This provides immediate cash flow for the construction company, helping to cover expenses without waiting for client payments.
How is construction factoring different from a bank loan?
Unlike a bank loan, construction factoring doesn’t create debt or require collateral. It’s based on the quality of your clients’ credit, not yours, and provides faster access to funds since it doesn’t involve lengthy loan approval processes.
What fees are involved in construction factoring?
Fees vary but typically include a percentage of the invoice amount, which can range depending on the volume of invoices, the creditworthiness of your clients, and the terms of the factoring agreement.
Is my business eligible for construction factoring?
Most construction businesses with unpaid invoices from creditworthy clients are eligible. The key factor is the quality of your receivables, not necessarily your company’s credit history or balance sheet.
Is construction factoring regulated in the UK?
Factoring is not currently regulated by the Financial Conduct Authority (FCA). An industry-wide code of conduct is provided by UK Finance to ensure a fair service and integrity is provided for invoice factoring services.
How quickly can I access funds through construction factoring?
Funds can often be accessed within 24 to 48 hours after the invoices are verified and the factoring agreement is in place.
What percentage of the invoice value is advanced?
Typically, 70-90% of the invoice value is advanced. The remaining balance, minus the factoring fee, is paid once your client settles the invoice.
How does repayment work in construction factoring?
Repayment occurs when your clients pay their invoices directly to the factoring company. The factoring company then releases the remaining invoice balance to you, minus their fees.
Can I choose which invoices to factor?
Yes, there are factoring companies that allow you to choose which invoices to factor. This can be on a case-by-case basis or under a more structured arrangement.
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Find out how much you can borrow and which lenders you can apply to in minutes
Prefer to talk? Call us on 0208 137 0105