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CONSTRUCTION AND CONTRACTING
Won the work? Fund the gap before you get paid.
Civil, trades, mining services and government contracts often mean weeks of costs before the first payment. We look at the contract, the claim cycle and your gear, then structure funding to fit.
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Progress claim and invoice funding
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Equipment finance for the job
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Major, non-major and private lenders
Make an enquiry
A broker will call you to discuss your options. No obligation.
SOUND FAMILIAR?
The job pays. Just not yet.
Month one: all costs, no income.
Mobilisation, fuel and wages before the first claim.
Claim certified. Still not paid.
Approved claims can be weeks from your account.
The gear has to be on site first.
Machines and trucks before the work pays.
Christmas stops the clock.
In Queensland, 22 December to 10 January are not business days.
Plenty of lenders won’t touch construction.
Many lenders exclude progress claims or builders. Others work with them every day.
Retentions sit with someone else.
Retentions are usually held until practical completion and the defects period, and most lenders won’t fund them.
INDUSTRY PAGES IN THIS GROUP
Labour hire
You pay wages on Thursday. Your client pays in 45 days.
Learn more →
Civil and earthmoving
Won the package? Your first payment could be 8+ weeks away.
Learn more →
Trades and subcontractors
Claim certified. Still not paid.
Learn more →
Queensland Christmas cut-off
Claim in on 22 December? It may count as received on 11 January.
Learn more →
Government contracts
Won the contract? Hiring starts weeks before the first invoice.
Learn more →
Mining services
Grew past $10m? Your 7-day terms may have gone with it.
Learn more →
Property development
Funding that stacks up with your feasibility and exit.
Learn more →
HOW WE HELP
Structure, lender fit, timing and what comes next.
Structure
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Funding against claims and invoices
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Equipment finance kept separate from cash
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Repayments that respect the claim cycle
Lender fit
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Lenders who understand contracting
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Options if the equity is in the gear
Timing
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Set up before you mobilise
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Mapped to claim and payment dates
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Planned around the Christmas shutdown
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Clear on fees before you sign
Tomorrow
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Limits that can grow with the next contract
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Equipment and cash flow kept separate
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Room for bigger jobs or a development as you grow
WHAT IT CAN LOOK LIKE
A new package and an empty first month
Illustrative scenario
A contractor wins a package that needs extra plant, a bigger crew and fuel for a month before the first claim. Rather than using the family home as security, the owner talks through equipment finance for the machines and a working capital facility against the contract. Illustrative example only, not a real client. Every business is assessed on its own circumstances and lender criteria.
QUESTIONS
Common questions
Can you fund against progress claims?
Some lenders can. It depends on the contract, your client and your history. Your broker explains what is likely and what it may cost.
What about the Christmas shutdown?
In Queensland, 22 December to 10 January are not business days under the BIF Act, so payment timing can stretch. See our Queensland Christmas cut-off page.
Do I need to use my house as security?
Not always. Some lenders will look at equipment equity, contracts or invoices instead. It depends on your business and the amount.
Can you help with property development finance?
Yes. Lenders usually want total development cost, gross realisation value (GRV), your equity, feasibility and QS reports, DA status and any presales. See our property development page.
Does it matter if the work is residential or commercial?
It can. Some lenders only fund claims on commercial work, and residential work can narrow the options.
What does it cost and how do you get paid?
Costs depend on the lender, the product and your business. Your broker explains every fee and cost before you decide. We may be paid a commission by the lender or charge a fee, and we tell you before you apply. Subject to lender approval; fees and terms apply.
Tell us what’s going on.
A short call is usually enough to see whether funding could help now, and how it could be set up for what comes next. No obligation. Business purposes only. Subject to lender approval; fees and terms apply.