Builder Financial Check
Most building projects that go wrong go wrong for one reason: the builder runs out of money. A financial check looks for the warning signs before your deposit is part of the problem.
Cash flow is what kills builders
Construction is a cash-hungry business with thin margins. A builder can be busy, well-reviewed and still days away from collapse if the money isn't there. Roughly a quarter of all Australian company insolvencies come from the construction sector, which is wildly out of proportion to its share of the economy. That's the risk you're carrying when you pay a deposit.
What we check
We pull an independent business credit risk score that indicates the likelihood of financial distress, then search for recorded payment defaults and non-payment credit events, court judgments, and the financial history of the directors behind the company. We're looking for the gap between how a builder presents and what the numbers say.
What you get
A clear read on the builder's financial risk, what's driving it, and how seriously to take it. On the Premium report we go further into the director and related-entity picture and walk you through it on a call, because a credit score on its own doesn't tell you what to do next.
Related guide: How to check if a builder is financially stable
Check your builder's financial position
An independent financial check before you pay a deposit. Plain-English findings, Australia-wide.