Civil Engineering Finance

Whether they specialise in highway maintenance or are an authority on groundworks, companies in the civil engineering sector often require funding to start infrastructure projects and keep them on track.

To suit individual needs, there are many different types of civil engineering finance to apply for.

Asset finance

This option involves funding the purchase of machinery and equipment used in a civil engineering projects, such as vehicles, tools and heavy-duty solutions. There are many asset finance types to choose from including contract hire, hire purchase, finance lease and refinancing.

Business loans

Cash flow is key to every civil engineering business and project, but unexpected expenses can occur that cause financial strain when settled outright. Unsecured loans let civil engineering professionals borrow a large sum and repay it over a term they can manage, with only the personal guarantee of the company directors.

Invoice finance

This solution lets companies use unpaid invoices when securing funding. It can allow them to quickly receive up to 90% of the total invoice value. The types of invoice finance available include invoice factoring, invoice discounting and selective invoice discounting.

Commercial mortgages and bridging loans

Civil engineering firms seeking finance sometimes find a commercial mortgage that is secured against a business premises like a warehouse or office offers a long-term loan option with flexible repayment terms.

Bridging loans are short-term finance solutions secured on a property, typically taken out for up to 12 months. However, longer terms of up to 24 months are sometimes possible.

Development

Civil engineering loans for development involve securing and managing finance for infrastructure projects, including project financing strategies, funding sources, and financial management methods that support sustainable development practices.

Structured finance

This finance option is often used for larger infrastructure projects, and uses equity and debt instruments as well as potentially securitised assets, to effectively manage complex risks that help ensure viability of projects.

Trade finance

Finally, trade finance helps civil engineering businesses manage working capital and cash flow by providing sufficient funds for international transactions, typically when they must deal with customers and suppliers overseas.

How to get civil engineering finance

If you’re looking for civil engineering finance to develop your company or fund a project, at AJL Finance we can help.

Fill in our eligibility checker to get started and rely on us for a swift financial solution that supports your plans.