Things are not getting easier for the building industry at the moment with more prominent builders announcing their liquidations. Just this week a builder client of HomeSec’s was telling us about his costs skyrocketing at the moment.
For example, he needed plaster for a small room, which usually costs approximately three and a half thousand dollars. As such, this is what the builder priced for.
A month later, when the builder commenced works, the cost of the plaster was $7000. That is a 100% increase in costs, essentially over night for a small business to foot the bill for. This combined with increased labour costs will likely mean that the builder will actually lose money on the job.
Things will calm down, but in order to ride this wave, builders are going to need access to immediate funding to tide them over.
This is what HomeSec Business Finance is here to help you with Australia’s fastest business loans. If you are a builder with a cash flow crisis, HomeSec can get you funds in less than twenty-four hours. This kind of immediate cash injection is really helping builders through this stressful time.
Best of all with HomeSec:
- We do not charge you thousands of dollars in upfront fees. We understand the whole reason, why you are borrowing money in the first place is because you have cash-flow issues.
- We do not waste time with having to do slow and costly external valuations.
- We do not require financials, cashflow records, and/or projections figures for your business or your project.
So builders, we at HomeSec do not want you to lose any more sleep over cash-flow issues.
Talk to a business lender that knows business and understands the situation you are in. We have been in the game for over 18 years. Both directors come from a business background, not a banking backgrounds which helps them better understand a business owners needs.
We are here to help find you a solution for your business to get you through this difficult time. So speak to one of our friendly staff about how we can immediately help your business do what it does best.