Asset financing can be crucial for the construction industry, as often businesses in this sector have money tied up in projects due to staged payments. Finding funding to pay for growth is therefore challenging without asset financing.
Plant machinery, transportation vehicles, scaffolding etc all essential to the construction industry can be acquired through this finance option, allowing your business to carry out a project to a high standard & establish a good reputation.
The Construction Industry requires a large and well-trained workforce in order to take on new projects. As an experienced finance broker, we can help guide you where a business loan might be appropriate for your business.
This could be for any intangible assets like: employing, marketing, taking on new building projects, stock etc.
You might have saved up money to complete a particular project, but something has happened to increase the original cost and now you need additional funding to complete it. We can offer a bridging loan; a short-term loan to help you effectively bridge the difference between the initial cost & new cost.
Existing assets can work even better for you by refinancing. It allows you to inject working capital into your business when you need it. Banks are continuously tightening their lending criteria, meaning funding can be hard to attain. This is where we can offer financial guidance & support to help you assess whether refinancing is a good option for your business.
In an industry where so many components & sizable workforce of trained professionals are crucial to the success of projects, construction finance management can be difficult. Union Business Finance can help you choose and secure the right funding solution for your business. This allows you to:
Loans from £10,000 - £5 million
Transparent - Adhering to compliances integral to our brand & providing well-informed advice to clients
Ethical - We strive to do right by clients & help them find the right financial product
Personable - We focus on building relationships with our clients that last a lifetime
Our team brings a wide range of experience, thorough knowledge & understanding of the financial climate in order to help you find the best funding solutions.
"We have partnered up with Union Business Finance for the past two years now, providing all our clients the option to finance Plant Machinery which we sell. Sujane is fantastic to deal with always fast as responding and always seems to find the right product for our customer"
"I am glad to say every customer we have passed over has passed with flying colours, and with the access to finance our clients are able to get down to it as soon as possible!"