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Civil and earthmoving
FOR CIVIL AND EARTHMOVING
Month one: all costs. No income.
Plant, fuel, floats and wages start the day you mobilise. The first progress claim goes in at the end of the month and can take weeks more to be paid. We help structure funding around the job, from mobilisation to the first payment.
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Funding for mobilisation, wages and fuel
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Equipment finance that keeps cash free
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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?
You won the package. Now you have to fund it.
Costs start on day one. Fuel, plant hire, floats and wages before a single claim is paid.
The first claim is weeks away. Month-end claim, assessment, then payment terms on top.
Payment schedules can be slow. Under Queensland’s BIF Act, a subcontract can allow up to 25 business days to pay.
The gear has to be there before the job. New machines or trucks often need to be on site before the work pays.
Bigger package, bigger gap. Winning a larger package is good news, but the mobilisation bill grows with it.
The equity is in the yellow gear, not the house. Paid-off machines and trucks can sometimes support funding, so property isn’t the only option.
HOW WE HELP
Structure, lender fit, timing and what comes next.
Structure
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Working capital for mobilisation
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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 civil contracts
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Options if the equity is in the gear, not the house
Timing
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Set up before you mobilise
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Mapped to your claim and payment dates
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Planned around the Christmas shutdown
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Reviewed as the next package comes in
Tomorrow
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Limits that can grow with the next package
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Gear and working capital kept apart so one doesn’t block the other
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Set up so the next tender isn’t capped by this job’s cash
WHAT IT CAN LOOK LIKE
A first package with a big mobilisation bill
Illustrative scenario
A civil contractor wins a bulk earthworks package. Two extra excavators and a truck are needed in the first fortnight, with wages and fuel on top, and the first claim will not be paid for about eight weeks. The owner talks through equipment finance for the machines and a separate working capital facility for mobilisation, so the house does not have to carry the job. Illustrative example only, not a real client. Every business is assessed on its own circumstances and lender criteria.
QUESTIONS
Common questions
Can you help before the first progress claim is paid?
Some lenders can fund mobilisation costs once you have a signed contract or letter of award. It depends on the contract, your client and your business. Your broker explains the options and what the lender needs to see.
How long can payment of a progress claim take?
In Queensland, the Building Industry Fairness Act allows up to 25 business days for payment under many subcontracts. Your contract terms and the Christmas shutdown can push it out further.
What do I need to have ready?
Usually your ABN, the contract or letter of award, a cost and claim schedule, recent business account statements and ID for the directors. Your broker confirms the list.
Can I use my machines rather than my house as security?
Sometimes. Some lenders will lend against paid-off excavators, loaders, trucks and other gear. Age, condition and value all matter.
What do lenders want to see for a new package?
Usually the letter of award or contract, your claim schedule, a mobilisation budget and recent business account statements. We tell you what’s needed before you apply.
Does it matter if we’re head contractor or a subcontractor?
It can. Who you invoice, your contract terms and payment timing all affect which lenders fit. We look at your contract, not just your industry.
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.