During these unprecedented times the Government has announced the Corona Virus Business Interruption Loan Scheme, CBILS. We are already receiving many enquiries of how to access this but at the time of writing there is an information embargo and we must sit and wait. What we do know is that loans will be accessed through […]
Construction Invoice Finance
Scaffolding is a sector many invoice factoring companies shy away from for the same reasons as other construction industries. Most lenders don’t like to work with businesses making application for payments or contracts with liquidated damages clauses but at Beacon Finance we can assist..
Historically it has been notoriously difficult to obtain invoice finance if you work in the construction sector. Lenders are not keen to take on contractual debt as in the event they have to collect the invoices during an insolvency process it can be complex and time consuming for them.