Progress Claim Finance
Helping sub-contractors with funding to manage their business and grow
We help our clients manage their contracts and take on new projects
Working in the construction industry means upfront labour and materials costs that often need to be paid before you get paid for the job. At the same time, you have the normal ongoing, day-to-day business costs to meet during the delivery of a project, which may take months or years to complete.
Progress Claim Finance provides cash flow solution to contractors that are paid on a progress billing basis. Once a progress billing is made, funding can be released quickly thereby injecting working capital to support your project needs.
Speak with one of our team today
How does progress claim finance work?
Step 1
Bill your customers
…upload a copy of your invoices to our secure online portal
Step 2
Access your funds
…we pay up to 70% of the value of your invoice
Step 3
We collect payment
…leaving you to focus on running your business
Step 4
Get paid the remainder
…minus our pre-agreed fees
- Release up to 70% of invoice value tied-up in progress billings
- Bridge the gap between billings and payments which may take up to 120 days
- Check your funding at any time with our 24/7 Client Online service
Key Benefits
Fast
Invoices paid within 24hours
Controlled
Check the status of your invoices and sales ledger at anytime
Convenient
24/7 client online service
Secure
With the option of Credit Protection
Experienced
18 years of providing specialist finance to the construction sector
Is Progress Claim Finance right for you?
Our Progress Claim Finance solution is right if you:
- Are a contractor or sub-contractor in the construction industry
- Work under a contract, framework agreement or purchase order
- Need a healthy cashflow to build working capital
