Invoice Finance for the Civil Construction Industry

With record government investment in the civil and construction industry, there has never been a better time for SMEs to make the most of such lucrative opportunities. However, the rewards that come from taking on big business contracts are not without risk.  In Illion’s latest Late Payment Analysis from December 2020, it stated that Australian […]

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 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 […]

Government Infrastructure Spending in 2021

As a result of the pandemic, both the Federal and State Governments have boosted infrastructure spending to assist with the economic recovery. The additional funding has been significant – $66.9 billion is set to be spent on infrastructure in the 2020-21 financial year alone, which is a big increase from the original budget of $53.3 […]