Research from Nucleus Commercial Finance revealed that more than 60% of its deals over the last 12 months have been construction related.
The biggest sector starved of cash was specialist contractors like scaffolders and groundwork firms who made up 27% of applications.
The balance was made up of M&E specialists, refurbishment contractors and building services firms.
Nucleus works with a team of experienced quantity surveyors to help contractors with their cash flow.
Nucleus managing director Chirag Shah said: “The statistics demonstrate evidence of a real appetite and need for finance, primarily among SMEs.
“The main lenders have failed the construction SMEs because they have failed to understand the unique challenges that such firms face.”
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