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Progress Claim Finance
Under a Progress Claim Finance facility, Hermes provides working capital to a business by buying its unpaid customer progress claims (debtors) for immediate cash.
How it works
What does it cost
|Hermes charges a fee equivalent to a small percentage of the value of the progress claims financed, geared to the normal construction industry payment terms.|
Who is it for
|Progress Claim Finance is ideal:
Construction & Electrical Contractor
- Business Stage
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