Construction Start-Ups Finance
Starting a business in the highly competitive and volatile construction sector presents many challenges, but few are more common than a lack of funding for the right equipment, and insufficient working capital to win lucrative contracts.
Solid financial foundations are critical for launching a successful construction business and avoiding cracks in your cashflow. Tailored construction finance solutions allow you to purchase the vehicles, equipment, and tools you need, whilst injecting the required working capital to cover the materials and labour costs to fulfil contracts.
Finance for Construction Start-Ups
From scaffolding contractors to formwork specialists, and groundworks services to highway maintenance, every type of construction start-up can benefit from financial solutions.
Origin provides asset finance for new and used equipment, specialist vehicles, and plant machinery. We also provide business loans to cover insurance costs, O-licence cash reserves, vehicle maintenance, and general working capital. We can assist with any requirement of £10,000 upwards.
Are high upfront costs stunting your start-up’s growth? Distributing payments over a period of time could help significantly – explore our funding options today.
How Does Construction Finance Work?
Construction businesses can benefit from a wide variety of finance products such as hire purchase, finance lease, business loans, and invoice finance. To help mitigate the ever-increasing price of vehicles, fuel, insurance, repairs, and materials, Origin can spread the cost over a period of up to seven years with fixed monthly repayments.
We have access to a panel of over 120 lenders, many of whom understand the complexities of the construction industry such as seasonality, cost fluctuations, and evolving regulations. If you do choose to work with us, your dedicated account manager will match you with a lender whose terms and repayments suit your circumstances, providing your business with the sound financial footing you require.
Construction Finance Key Points
Construction businesses can spread the cost of vehicles, equipment, and working capital requirements with fixed monthly repayments.
Seasonal payments are available, which allow you to pay more in your busy months and less in your quieter months to smooth cashflow.
A deposit is not required, and you can make overpayments or settle at any stage.
Origin is a finance broker, and we will pair you with the most suitable lender on our panel.
For asset finance, the lender will make payment to any supplier(s) of your choice and the equipment can be new or used.
For business loans, funds are paid directly into your bank account for you to use however you see fit.
Finance can be spread over a period of up to seven years.
Construction Finance FAQs
Can I fund used equipment and vehicles?
Can Origin Finance cover entire costs?
Can you get finance for construction start-ups?
How do I know whether I’m eligible for construction finance?
How do loans work for construction businesses?
How does vehicle and equipment finance for construction businesses work?
What type of finance is best for construction businesses?
Finance for Start-Ups
What start-up businesses can Origin help?
We've worked with start-up businesses of all shapes and sizes, across a wide range of sectors.
