Scaffolding businesses often face long payment terms and delays, which can tie up significant amounts of money in unpaid invoices. Invoice factoring and discounting provide an immediate injection of cash to mitigate these issues. Invoice factoring involves selling your unpaid invoices to a third party like Red Fox Finance. We provide an immediate cash advance, typically 70-90% of the invoice value, and handle the collection of payments. Once your customers pay, you receive the remaining balance, minus a small fee. Invoice discounting is similar, providing an upfront cash injection based on invoice values. However, you maintain control over collecting customer payments. This is a confidential service, so your customers remain unaware of the arrangement.

The scaffolding industry relies heavily on equipment and vehicles, which can require significant upfront capital. Equipment finance is a practical solution, allowing businesses to purchase or lease equipment without depleting their cash reserves. This type of finance is particularly helpful for replacing outdated equipment or expanding operations. You can repay the amount over time in manageable instalments, while using the equipment to generate revenue.

Working capital loans can provide the scaffolding industry with the necessary funds to cover daily operational costs, including wages, rent, insurance, and more. These loans, secured against assets, can help businesses manage cash flow without using their cash reserves.

Trade finance can support scaffolding businesses involved in international trade, offering a solution to extended payment terms or upfront costs required by overseas suppliers. With trade finance, the cost of goods is covered directly, allowing repayment once customers have paid.

Maintaining healthy relationships with suppliers is crucial in the scaffolding industry. Supply chain finance ensures suppliers are paid promptly, improving relationships and ensuring a consistent supply of materials.

With a vast panel of 79 lenders, Red Fox Finance is well-positioned to match your scaffolding business with the most appropriate financing solution. Our expertise and range of options ensure we can tailor our service to suit your needs, whether that's addressing cash flow challenges, investing in new equipment, or managing supplier relationships.