Construction
Finance

Construction Hire Purchase

Hire purchase gives you a fixed monthly payment helping you budget more easily. It’s ideal for vehicles and machinery that would otherwise be too expensive to buy outright. As with all hire purchase deals, by the end of your term your company will own the vehicle or machinery, leaving you with a valuable asset in your construction business.

Construction Lease Purchase

Lease purchasing gives you a flexible finance deal with the option of buying the asset at the end of your term. It’s ideal for funding equipment that’s needed for a specific contract or if you want to regularly update your vehicles or machinery. With set regular payments and minimal costs upfront, a lease purchase deal can make it easy to handle your cashflow.

Construction Refinancing Deals

Refinancing works by freeing up the funds you have already invested in your existing assets. Use your equipment or vehicles as security and then borrow to release money that you can use on other activities. It’s an easy way of finding a cash injection to help you take on new contracts. Your repayments will be set at a predictable, fixed monthly rate, making it easy for you to handle your budget.

Construction Invoice Financing

Invoice financing gives you access to the cash that’s locked into lengthy contracts. Instead of waiting for completion, you can access a portion of your contracts’ value immediately. Invoice financing helps reduce the pressure of lengthy payment terms and provides you with better financial security and an improved cashflow.