In 2015, it contributed £109bn and employed over 2.2 million people, with 194,000 companies in business. The industry is so important that it is often used as a soft marker of the nation’s overall economic health, with public and private spending projects both playing a vital role in GDP creation. Large infrastructure projects such as HS2, the Manchester Airport Expansion and public house building are currently providing construction firm consortia opportunities to win attractive long-term contracts; in addition, opportunities abound in the private sector and for smaller players, with private housebuilding a key area of focus.
Construction firms keen to enjoy sustainable growth are investing in their operations to ensure they have the right kit, the right staff, cutting-edge systems, and highly-trained professionals. They also have strong risk management processes in place, which are vital to secure lucrative contracts. This kind of long-term investment requires finance, however, and most construction firms will be rightly wary about dipping too much into their working capital, fearing the risks of depleting their ready cash reserves.
A better solution
A new breed of specialist lenders, such as Century Business Finance, offers a solution. We have a specialised range of loans designed entirely for the needs of construction and other businesses.
An easy application process
Our application process is managed entirely online and takes just five minutes. Simply complete the online form and we will make a decision in just 24 hours. The funds can then be in your business bank account the following working day. There are no meetings or complex business paperwork requirements.
Get in touch
Call our construction finance experts today to discuss your needs; alternatively, complete your online application now in just five minutes for an instant decision.
Whatever your business need, the right kind of flexible finance is available to you. We’ll carry out a needs assessment based on your requirements and circumstances and advise on the loan products we can offer you. Our team are experienced, helpful, friendly- and they don’t speak in jargon!
Get in touch for a no-obligation chat today and secure the business finance that you need.