Cash Prize for Winning Construction Company

Construction industry financial competitionBibby Financial Services, the UK’s leading independent invoice finance provider, is offering construction firms the chance to win £2,000 by asking them to take only a few minutes to answer some simple questions about their business.

Contractors and sub contractors within the sector can enter the competition online at www.bfscompetition.com and benefit from an immediate injection of cash if they are drawn at random when the competition closes on 29th October 2010.

The competition is further testament to Bibby Financial Services’ ongoing support for the construction industry and the company’s position as the only invoice financier with a team devoted to understanding the nuances of the sector. Bibby Financial Services has been working with the industry for many years and advances upwards of £30 million every year to a variety of medium and large contractors.

Jason Heath, construction specialist at Bibby Financial Services, says:

“At a time when more traditional routes of finance are drying up and some companies are withdrawing support for construction firms, Bibby Financial Services’ doors are well and truly open for business. We understand the funding problems that contractors and sub contractors have encountered over the past couple of years and this competition is another way of showing our commitment to helping construction firms build solid financial foundations for the future.”

Bibby Financial Services offers a unique construction finance package which is specifically designed to meet the business needs of the industry, supplying funding often on a confidential basis against a firm’s invoices and/or uncertified applications for payment completed under most forms of industry contract. The service also provides access to a team of specialist credit controllers who are dedicated to managing and collecting outstanding contract debts, saving firms’ valuable management time so they can focus on growing their business.

Specialist bad debt protection can also be provided against existing invoices and applications for payment, so that clients get paid, even if one of their customers becomes insolvent. In addition, Bibby Financial Services provides access to a team of professionals including quantity surveyors and recovery specialists who can manage contractual disputes. No other funder has access to a team of quantity surveyors with the ability to structure a deal like this.

So for more information and to stand a chance of winning £2000 for your construction company visit www.bfscompetition.com

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