We know that in this sector cash flow is often an issue: project-based work, where invoices are paid sporadically, coincides with the need to pay subcontractors every week.
This is where MarketInvoice comes in. We have experience helping construction companies build their businesses.
We work with over 150 growing construction firms in the UK and Ireland to improve their cash flow, and to date have funded over 2,000 invoices in this sector.
Our experience working with companies in this sector means we're comfortable funding construction. We can provide higher advance rates for construction than other finance providers - up to 80% of invoice face value.
We’re also able to fund certificates, and can provide finance against applications up to a percentage of your approved limit. In terms of our verification process, it can be as simple as relying on signed certificates from the Quantity Surveyor.
By funding against individual invoices without a long term contract, our flexible solution is already helping construction businesses up and down the country to fund gaps in cash flow, as and when they need, and to take advantage of potentially lucrative project opportunities.
We are proud to support a variety of construction companies like Maynards growing their business with flexible invoice finance, without the need for contracts.
The MarketInvoice online platform gives businesses access to funds in outstanding invoices on the same day, so you don't have to wait 30 to 120 days to get paid.
Much easier than the banks
"Staff very helpful, and got the required result in the required time. Would definitely use them again."
Andrew (June 2015)
Good feedback and prompt payment
"All in all, I found MarketInvoice to be a first class company offering a first class service."
Peter (February 2016)
"I have been using the company now for several months... A lifeline to small businesses within the UK."
Louise (November 2015)
Excellent, fast and concise service
"The overall process was very simple, provides a flexible option to free up cash flow and encourage business growth."
Mike (February 2016)
We love helping businesses succeed, which is why we approve around 90% of applications.
YOU CAN USE MARKETINVOICE IF ...
New technologies are making cashflow management easier than ever. This guide will walk you through how to get the most out of the best new cashflow tools, making cashflow management less labour intensive.
We’ve brought together experts in credit control, cashflow forecasting, small business accountancy, and invoice management, to build a great cashflow toolkit for your business.
Included in this guide are some top tips to ensure that you are using the best practices you can, every step of the way:
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