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Stuck between projects and payments? We’ve got simple solutions to keep your construction business running smoothly. #Funding #Construction

If you're in the construction sector then this article in I95 Business Magazine by Sandy Spring Bank Senior Vice President Ellen Fish is one you can't afford to miss. Learn how our work with Stella May Contracting has helped them grow and thrive and what key attributes are important to look for in a financial partner. https://lnkd.in/eHfRQfSX

In the competitive world of construction, cash flow is king. Get a deep dive into effective cash management strategies designed to keep your business solvent and thriving with this on-demand course! From billing and collections to process standardization, equip yourself with the tools you need to navigate cash flow challenges successfully. ➤ https://lnkd.in/e2w4inBq

Smooth sailing through lender draws! ⛵ Our expert consultants are here to navigate the process for your construction project, ensuring timely disbursements and hassle-free transactions. Let's keep your project on track! #LenderDraws #ConstructionFinance #ExpertConsultants

Avoiding Pitfalls in Construction Financing: The Importance of Financial Clarity Starting a new construction project is exciting, but it comes with its challenges—especially when it comes to securing finance. One common pitfall is not being thoroughly prepared with your numbers. Lenders are looking for detailed, accurate financials to assess the viability of your project. If you can't present a clear, well-thought-out proposal, you risk your deal being declined. Stay ahead by ensuring every financial aspect of your project is accounted for. This diligence not only builds trust with lenders but also sets the stage for a successful project. YOU owe it to your stakeholders to get this right Call Jonathan 0404 963 963

Securing financing during a time when construction costs are on the rise, supply chain disruptions are still an issue, and delinquent project payments seem to be growing in frequency is possible with the right partnerships in place. It's all about finding a lender that can offer the payment schedules, interest rates, and terms that work best for each business. Learn more here: https://lnkd.in/d9JcUqsX

Are your construction clients struggling with cash flow? Many construction businesses face cash flow challenges, especially when clients take 30-60 days to pay. But they still need to cover staff, contractors, suppliers, and overheads every week! Unlike standard business contracts, construction contracts often rely on ‘Applications for Payment,’ adding uncertainty and risk. Construction Finance could keep their business moving. With Construction Finance, they could access up to 50% of funds at the ‘Application for Payment’ stage, keeping their working capital, and their business, moving. At Fiducia Commercial Network, we partner with specialist lenders who understand the construction sector’s unique needs. Let us do the heavy lifting to find the right funding for your construction clients, so they can focus on building on-site. #constructionfinance #cashflowsolutions #workingcapital #brokernetwork #financebroker

Exploring the Difference Between Cash in and Revenue in Construction Projects Cash In: When we discuss "Cash In," we're referring to the real funds that the construction business has been given. This covers client payments, progress billing, and any additional cash inflows for the project. Revenue: In contrast, "Revenue" refers to all of the money made from the construction project, whether or not payment has been received. Even if the client has not yet paid the invoice, it still includes the value of the work completed in accordance with the project's contractual requirements. Effective contract administration is essential for aligning Cash in with Revenue. Clear invoicing schedules, milestone payments, and rigorous follow-up on outstanding receivables are vital for ensuring timely cash inflows in line with project progress. #ConstructionFinance #CashFlow #ProjectManagement

Are you in the construction industry? Construction businesses are generally finding that it’s taking them even longer to get paid for their work these days. Cash flow pressure can often start to build for construction businesses as we near month end. Payment terms in construction aren’t always ideal from our clients’ perspective either - 60 and even 90 days end of month are still fairly typical. We have access to funders who have an appetite to support construction businesses, even financing staged payments. Key aspects of construction funding facilities will typically include; ✅ Cash released immediately against uncertified applications for payment ✅ Confidential credit control – a full credit control service on your behalf, in your business name. ✅ Bad debt protection so that you get paid even if your customers become insolvent Want to find out more? Please contact us at james@businessfundingplus.co.uk or on 07983 440348 #construction #workingcapital #businessfinance #funding #cashflow #cash #invoicefinance

Are you in the construction industry? Construction businesses are generally finding that it’s taking them even longer to get paid for their work these days. Cash flow pressure can often start to build for construction businesses as we near month end. Payment terms in construction aren’t always ideal from our clients’ perspective either - 60 and even 90 days end of month are still fairly typical. We have access to funders who have an appetite to support construction businesses, even financing staged payments. Key aspects of construction funding facilities will typically include; ✅ Cash released immediately against uncertified applications for payment ✅ Confidential credit control – a full credit control service on your behalf, in your business name. ✅ Bad debt protection so that you get paid even if your customers become insolvent Want to find out more? Please contact us at james@businessfundingplus.co.uk or on 07983 440348 #construction #workingcapital #businessfinance #funding #cashflow #cash #invoicefinance