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Construction Industry: What Do You Need to Energize Your Business In 2024?

construction industry

It’s no secret that summer is the busiest time for the construction industry. We hope your business thrived! Connect with us on LinkedIn and let us know.

When things are busy, the pressure is on and any cracks or challenges quickly begin to show. If there was any hurdles you faced, then the end of the Summer rush is the perfect time to face them head on whilst the construction industry is quieter.

Moorgate Finance are here to help you secure the funds you need to overcome challenges and allow your business to thrive all year around.

Timelines are precious in the construction industry and we’re here to ensure things run as smoothly as possible by providing the financial building blocks to handle any scenario like contractor delays, price increases and unexpected machinery breakdowns.

The cost of resources and equipment needed in construction are substantial, but solutions like asset finance can take away the strain from your business cash flow. Whether you’re working in a public field, private developments, or in a self-funded project, Moorgate will have a solution for you.

How Moorgate can help the Construction Industry

Acquisition of Land or Property

During the rush of Summer, you may have spotted an opportunity for land or property acquisition for your 2024 projects.

Moorgate Construction Finance can help to secure Commercial Mortgages, Bridging Loans or Development Loans to get your plans moving forward!

Equipment & Materials

construction industry

If you’ve noticed equipment and machinery letting you down or needing an upgrade this season, then now is the time to think about upgrading. Particularly with purchases, there can be a longer lead time on large machinery so it’s worth investigating now.

Moorgate Construction Finance can help with Hire Purchases, Leases, Business Loans or Asset Finance to help you get the equipment you need.

Seasonal Staff

In the busy periods for the construction industry, it may be that you need to employee more staff like temporary or seasonal workers. An increase in salary and wages can take a hit on your cashflow and make other business investments hard to achieve financially.

Moorgate Construction Finance can help you to secure Invoice Finance to release capital held-up in outstanding invoices and ease the pressure on cashflow.

Whatever you need to thrive in 2024, we’re here to support you through it and maximise on your business finance. All our finance solutions are tailored exactly to your circumstances, goals and affordability.

Head to www.moorgatefinance.com/apply-now to make a free, no-obligation application. It takes 2-minutes and won’t impact on your credit rating.

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