Industries · Construction & Infrastructure
Factoring for construction and infrastructure: materials up front, payment far behind
In construction and infrastructure you often fund materials and labour up front, while clients such as government bodies and large projects pay slowly. Factoring and a business loan bridge that, even when your assets already sit with the bank.
The working capital question in Construction & Infrastructure
Construction and infrastructure firms run ahead of the pack. You pay materials, subcontractors and wages up front, while clients only pay on terms. With projects and public bodies in particular that puts heavy pressure on your working capital, as set out in working capital in construction and infrastructure, exactly when several jobs are running at once that all have to be pre-funded.
Factoring turns your stage and project invoices into working capital straight away, so that you can pre-fund projects without seizing up. If the bank holds on to your security, a business loan buys out that pledge so the headroom is released, and you combine both forms through one party. That way you keep a grip on your liquidity, even when a client pays late.
Is your security already with the bank?
As long as your receivables, stock or property are pledged to the bank, additional finance is often blocked. SOOF takes over that pledge and coordinates the process with your bank, so that the form of finance that suits your situation becomes possible again.
How taking over a pledge worksMatching solutions
What suits this sector
What we bring in this sector
Slow-paying clients
We know the dynamics of slow-paying clients, projects and public bodies.
Taking over pledges
Taking over existing pledges, so that stuck assets give you headroom again.
Operational quickly
Operational quickly, so a new project does not wait on finance.
Does this sound familiar?
- You pay materials, subcontractors and wages before your client pays you.
- You work for public bodies or projects with long, slow payment terms.
- Your bank holds on to your security, which stalls new finance.
What others say
Through working with SOOF, we are strong in more than just foundation work.
BenBouw B.V. Construction & infrastructureKnow in three minutes what your working capital is worth
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Contact
Start with a conversation.
Send a message and we will get in touch, usually within one working day. Prefer to call? You will find our number at the foot of the page.
Jaap van AalstCommercial Director
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Frequently asked questions
Yes. We go through what your project invoicing looks like and match the advance to it.
Yes. That is exactly when factoring is useful: you get working capital straight away, while the client pays on their own term.
With a business loan we buy the bank out so that the pledges are released, and we combine that with factoring.
Both. We look at your invoicing and your receivables, not at your position in the chain.
Yes, you decide which invoices you submit. There is no obligation to fund everything.