The Progress Claim Payment Gap
If you operate in construction, you already know the problem.
Waiting weeks (sometimes months) for progress claims to be paid, while overheads, wages and materials stack up. It’s a major cash flow risk and one of the biggest causes of cash flow gaps in construction projects.
The problem is, most lenders refuse to fund against progress claims as they’re concerned they may not be paid; they don’t consider them reliable security.
Lenders typically regard progress claims as higher-risk business funding and therefore avoid funding against them.
Traditional invoice finance facilities are generally designed to fund completed invoices, not progress claims.
But at ABL Corp, we’re equipped to step in where others can’t.
ABL Corp approaches this differently. Our integrated Finance, Advisory and Technology model gives us a clear understanding of your business operations, helping us deliver progress claims funding solutions that align with your business needs, including structured progress claims funding.
At ABL Corp, we’ve got the systems, insight, and experience to support construction progress
claims finance across Australia.