How Does the Construction Act Affect Invoice Finance?
The Housing Grants, Construction and Regeneration Act 1996 (Construction Act) gives subcontractors the right to stage payments, payment notices, and adjudication. Specialist construction factoring providers understand these mechanisms and advance against certified applications for payment, not just standard invoices. Pay-when-paid clauses are banned except on insolvency.
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Oliver Mackman
Director, Market Invoice
Oliver leads Market Invoice's editorial and comparison research. With a background in UK commercial finance, he oversees provider analysis, rate verification, and industry reporting across all verticals.
Last reviewed: 6 April 2026