A West Midlands-based construction business specialising in brick-laying services for the new house build sector has secured a six-figure Invoice Finance facility through Navigate Commercial Finance.
The company required robust working capital support and greater flexibility to manage occasional payment delays common in the construction industry. With a largely contractual debtor book that includes self-billing arrangements, the business needed a funding solution that understood the sector’s nuances.
As a relatively new entrant, the early months showed high customer concentration. It was therefore critical to partner with a lender capable of providing maximum funding from the sales ledger while accommodating these contractual challenges.
We secured a specialist lender with a dedicated construction finance team who fully appreciated the business model. The facility was structured with 100% concentration allowance, giving the company time to broaden its customer base while generating strong cashflow from day one.
This tailored Invoice Finance solution has strengthened the business’s financial position, improved cashflow certainty, and provided the flexibility needed to focus on delivering high-quality brick-laying services to new house builders across the region.
The funding has removed previous constraints and positioned the company well for sustained growth in a competitive sector.
