What is construction factoring? +
It’s a type of construction invoice factoring that lets you unlock cash tied up in unpaid invoices or payment applications. This helps your business avoid waiting weeks or months to get paid, improving cashflow for builders, subcontractors, and trades.
How quickly can I get funds? +
Many lenders can release up to 90% of invoice values within 24 hours once an invoice or payment certificate is verified — ideal for construction finance for contractors who need to keep projects moving.
Do I need to factor all invoices? +
No, most lenders offer selective factoring, giving you the flexibility to choose which invoices or contracts to fund. This helps control costs and tailor your construction finance solutions to each project.
Can subcontractors use factoring? +
Yes — subcontractor factoring is common in the UK. It helps smaller trades, groundworkers, and subbies manage cashflow when main contractors have long payment terms or staged payments.
What types of construction businesses qualify? +
Factoring is available for builders, subcontractors, plant hire companies, electrical and plumbing firms, and other trades that invoice on completion or stage payments.
Is factoring suitable for small construction firms? +
Absolutely. Many invoice factoring for trades solutions are designed for smaller firms or start-ups that need funding to grow without taking on traditional loans.
How much does construction invoice finance cost? +
Fees usually include a service charge (a small percentage of turnover) and a discount rate (interest on the funds advanced). Costs depend on your invoice volume, contract size, and customer reliability.
Can I get funding for plant hire or materials? +
Yes, plant hire finance and construction company funding options can be combined with factoring to cover upfront costs for machinery, materials, and site equipment.
Will my clients know I’m using factoring? +
With confidential invoice discounting for construction, your customers won’t be aware you’re using a finance company. Payments continue as normal through your account.
What are the main benefits of construction factoring? +
Construction factoring offers a range of benefits for builders, contractors, and subcontractors who face long payment terms. By releasing cash tied up in unpaid invoices, it provides a steady flow of working capital to keep your projects running smoothly. You can pay suppliers and staff on time, avoid costly delays, and take on more contracts with confidence. This type of construction invoice finance also helps reduce the pressure of late payments, making it easier to manage overheads, materials, and plant hire expenses. Ultimately, factoring improves cashflow for builders and gives construction firms the flexibility to grow without relying on traditional bank loans.
Can factoring help me win larger contracts? +
Yes, with stronger cashflow for builders, you can confidently bid on larger projects, pay suppliers on time, and scale operations without worrying about delayed payments.
Is construction factoring regulated in the UK? +
While factoring and invoice finance aren’t directly regulated by the FCA, most reputable brokers and lenders are FCA-authorised, ensuring your funding is handled transparently and professionally.
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