The construction industry is one of several sectors that can benefit tremendously from invoice finance. No longer is the sub-contractor, or construction company, required to wait for payment before starting on the next phase of a project, or begin construction on a new project.
The construction industry is one of several sectors that can benefit tremendously from invoice finance service. No longer is the sub-contractor, or construction company, required to wait for payment before starting on the next phase of a project, or begin construction on a new project. With invoice factoring, the sub-contractor or construction firm can realise quick turnaround (often within 24 hours) on accounts receivable due for completed stages of a construction project.
That's right, with construction invoice finance, the construction company, or sub-contractor, can be paid virtually overnight for these invoices (accounts receivable) thus speeding up cash flow and improving the company's ability to start immediately on the next phase of construction.
The Interface Financial Group is one of the few invoice finance companies that is willing to provide construction invoice finance service. In fact, IFG welcomes construction invoice finance and would love to discuss with you just how easy it is to get the cash you need without any lengthy and aggravating lending process.
So, if you or your construction firm, are interested in, or are in need of, short-term financing against completed construction jobs, or desire immediate payment for completed project stages, give us a call or fill out a brief inquiry form to get started. That's right, immediate working capital is available now.
Britta Bobka, Financial Controller, Trac Civil