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 […]
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 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 […]
Building our way out of recession?
STIMULUS MEASURES MUST NOT FAIL SMES It’s no secret that infrastructure spending is being viewed as a critical part of the post COVID economic recovery. The Government has already announced a $220 billion infrastructure pipeline with further infrastructure spending expected to be announced in the October budget. Mega-projects, including high-speed rail, water supply and storage, […]
Diversified Construction and Engineering Firm, Victoria
[et_pb_section fb_built=”1″ _builder_version=”3.0.47″][et_pb_row _builder_version=”3.0.48″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.0.74″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] For over 40 years, our business has provided a wide range of civil infrastructure services for roads, rail, water, waste management and many other areas. In the past, we have often felt let down and unheard by the big banks, […]
