Contract Finance by All Star Funding

Finance available for Contractors and Sub Contractors

At All Star Funding Solutions we know that cash flow is the key driver for success in the Construction sector. We are experts in sourcing the very best Contract Finance and offer fast access to working capital. The funding we can source can be against a single contract or a full ledger of construction related invoices. We can also source funding against uncertified applications for payment or staged invoices. If you are looking to secure that next contract or have just won a new contract and are wondering how to finance it, get in touch as we can find the solution.

How can All Star Funding help?

We are able to source funding for individual or multiple contracts. This is usually in the form of providing advance payments against invoices. We are able to source funding where you are in control and you can decide which contracts you want to finance as and when. Our lenders will just provide you with the funding. We can find a bespoke tailored made solution purely for your business.

Why Use Contract Finance?

The key reason to use Contract Finance is to enable the business to maintain its cash flow. If a business uses Contract finance more additional work is able to be completed. Contract Finance takes the worry or stress out of completing the contract. We are able to source facilities with:

  • NO Set Up Fees
  • No Minimum Period
  • Complete Flexibility
  • No impact to your bank account

How Does Contract Finance Work?

Contract Finance is very simple to operate. The business advises the lender about the contract about to be entered into or has been signed. The lender will then undertake a due diligence process on both the business and the contract. If all is satisfactory a facility is then approved and an advance made against the work completed. The debtor pays the lender directly and the lender then remits a payment to the business less any charges. Simple.

Construction Invoice finance

Over at All Star Funding Solutions we have a panel of experts who are able to provide funding against your construction contracts. Our lending panel often have a team of experienced quantity surveyors who understand the details of complex contracts and the challenges that contractors and sub-contractors face. Our lenders are able to provide funding against applications for payments, stage payments and milestones payments. These often prevent issues for traditional lenders hence the reason for looking at a more specialist lender. Our Invoice Finance lenders will agree a set percentage of the Invoice to be released at the interim which is often between 50%-70% up front, with the remainder being released upon payment from the debtor.

Building Materials Finance.

At All Star Funding Solutions we have a large panel of lenders who can look to provide stock funding or loans to help with the costs of purchasing Building Materials.

Tendering Finance

We work with a number of lenders who are able to assist you during the tendering process. If your business would like to have the comfort to know that the finance is in place before tendering for a contract then our lending panel can assist. We have noticed that in some tenders it would state how the contract is to be supported financially and therefore having the funding in place prior to tendering can often add support to the tendering application.

https://www.theconstructionindex.co.uk/

IF YOU WOULD LIKE MORE INFORMATION GET IN TOUCH WITH ONE OF OUR FUNDING EXPERTS TODAY

www.allstarfunding.co.uk

All Star Funding Solutions Limited

2 Mount Street,

Manchester,

M2 5WQ

Office Tel 0161 8211478 Mobile 07771 430 740

Please find below our specialist areas:

  • Asset Based Lending
  • Asset Finance
  • Business Loans
  • Cashflow Finance
  • Factoring
  • Invoice Discounting
  • Single Invoice Finance
  • Trade Finance
  • Stock Finance
  • Credit Insurance

We operate throughout the UK but have built strong relationships in the following areas Manchester, Leeds, Liverpool, Sheffield, Preston, Newcastle, York, Chester, Birmingham, Warrington, St Helens, Wigan, Bolton, Bury, Bristol, Southampton, Cardiff,

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