Flexible Invoice Finance Facility Expedites Growth for Mining Services Business
Our business provides heavy industry electrical services and technical labour managed teams to oil, gas and power operations. As a third-tier business providing services to a second tier (who owns the primary relationship), we are mostly contract based. As our business model is based on short term work and contracts, we encounter peaks and lulls […]
NZ BASED HAULAGE BUSINESS DOUBLES REVENUE
We are a bulk haulage business based in Gisborne, New Zealand. Primarily we transport aggregate and fill for two large infrastructure companies throughout the North Island. Additionally, we also have a few smaller corporate clients. Until recently, we were a small business operating with two trucks, however, we are now enjoying a period of growth […]
Apricity Finance Bridges Gap In Cash Flow For Mining Business
We are a mining services business, supplying labour and engineering services to the underground coal mining industry in NSW and QLD. The biggest issue we have as a business is around cash flow. We have a large workforce of employees that are paid weekly, and our accounts are paid by our customers 30 to 60 […]
Apricity helps NZ civil company through covid-19 with invoice finance facility
We are a New Zealand based tier 2 self-performing civil company whose clients include local government and tier 1 construction companies. Apricity provided the business with a flexible invoice finance product superior to that previously held with an NZ retail bank. This superiority is due to the greater funding and draw down limits, whilst also […]
Apricity delivers flexibility and good cashflow to contract business
Our business specialises in project management, labour hire, engineering as well as commissioning/close out of major projects in the heavy industry sector. As a smaller supplier to some very large players we quickly found ourselves in the backbreaking position of having a labour force and equipment in place for a project, but then waiting anywhere […]
Apricity Finance underpins business growth for mining services client
We are a NSW based multi-disciplined engineering, construction and mining services company. When we started out, we had one very substantial client that formed the backbone of our business. However, over the last few years we have expanded our reach to include large-scale civil works and infrastructure projects across the State. Issues began to arise […]
Cash flow surety and a positive rating from the bank
Our business supplies skilled transport drivers to trucking companies. We operate throughout the North Island of New Zealand, providing casual as well as permanent drivers – often at short notice. The customers we work with are big players with large scale freight and distribution needs, and as a result our scope of work can regularly […]
Apricity helps keep rail infrastructure group moving
We are a large, privately-owned rail construction company with offices across Australia, New Zealand and further afield, with about 1,000 staff on our books. Our primary role is supplying rail infrastructure construction to medium to large scale multi-disciplined projects for light rail, metro, passenger, freight, heavy haul and crane rail. We first looked for a […]
Apricity helps Civil Construction client stress less and plan ahead
We are a Melbourne based civil construction company, delivering large scale projects across multiple sectors including transport, rail, road, water and landscaping. We handle all aspects of the project from earthworks and construction to hiring and training workers and machinery. For a business like ours, the challenge has always been cash flow. Often, we are […]
Apricity Helps Steel fabrication business, NSW
Our business specialises in steel fabrication for a range of industries including construction, mining and petrochemical. Since the global financial crisis in 2008, increasingly we have experienced extended payment terms with our multinational clients. Often pushed out to anywhere between 45 and 60 days, this is something that is hugely crippling to our business. In […]
