Construction Finance
Construction finance is the solution to your cash flow challenges. Slow-paying clients are typical in the construction industry, but unpaid invoices shouldn’t hold your business back from accepting new, larger construction projects. Invoice finance provides the funds you need to increase construction staffing efforts and cover employee payroll, cover upfront costs and purchase the necessary equipment.
Construction invoice finance helps companies grow and gives you the confidence to compete for larger contracts. We work with all types and sizes of construction companies and sub-contractors. No matter if you’ve been around for years or if you are a recent start-up, an invoice finance company can get you instant cash.
Contact Ignite Business Group today to see what we can do for you.
A new VAT reverse charge rule introduced in 2021 affects VAT registered businesses who supply or receive specific services reported under the Construction Industry Scheme (CIS). Learn more about the VAT reverse charge, what it is, who is affected, and how to ensure your business is compliant.
You may have heard that invoice factoring is like a loan. While the practice does have some similarities to loans, invoice factoring can be a more flexible option for improving cash flow without incurring long-term financial obligations.
