The Berkshire based firm had been struggling to complete contracts and pay suppliers on time with an existing overdraft facility from its bankers.

When the contractor appealed for an increase the bank turned it down while attempts to secure funding from other alternative lenders proved fruitless.

But bosses at the firm saw an article in the Enquirer highligting the Construction Finance cash flow funding product from Nucleus Commercial Finance.

The firm got in touch with Nucleus and within weeks a new, long-term £250,000 funding facility was put in place to enable the business to grow.

Chirag Shah, Managing Director of Nucleus Commercial Finance said: “The nature of the construction sector presents a seemingly impossible challenge for traditional lenders who do not understand the industry, and this is where Construction Finance bridges the critical funding gap between late customer payment and meeting the weekly wage bill and costs.

“Construction Finance is based on a traditional factoring approach but with a difference.

“It provides pre-payments against applications, stage payments and milestones for businesses working on construction projects where contracts with their customers have been a barrier to finance from traditional lenders.

“Since the company is provided with cash in advance, and does not have to wait to be paid itself, it removes all of the worries about paying suppliers and staff on time.”

For more information on Construction Finance from Nucleus click here