BltFinance provides structured procurement funding for South African construction projects — so material shortfalls never become the reason your project stalls. We fund the supply chain. You fund the outcome.
Material shortfalls kill projects. We make sure yours is not one of them.
South African construction projects face a persistent challenge: contractors with legitimate, certified work in progress struggle to fund the next phase of materials procurement.
Cash flow gapsDelayed material deliveryProgramme slippageContractor insolvency riskPenalty clauses
Procurement-linked funding
Finance tied directly to certified materials procurement. Every rand matched to a verified PO and BoQ line item.
Payment certificate aligned
Disbursements follow your certified payment cycle, mapped to MMC and S-curve milestones.
Short-tenor exposure
Self-liquidating facilities structured around the construction programme and payment waterfall.
Built for South Africa
Structured for CIDB-registered contractors, compliant with JBCC and NEC environments.
How it works
From application to materials on site
A structured, transparent process designed around the realities of the South African construction programme.
1
Project onboarding
We review the Principal Building Agreement, Bill of Quantities, and construction programme. Eligibility assessed within 48 hours.
2
Facility structuring
A procurement facility is sized against the Monthly Maximum Certificate and the agreed S-curve. Funds only available as work is certified.
3
Procurement drawdown
The contractor raises a purchase order. BltFinance pays the supplier directly — no funds flow through the contractor account.
4
Settlement via waterfall
When the employer certifies payment, the waterfall allocates repayment automatically — clean, self-liquidating.
Step 1 — Project onboarding
Principal Building Agreement
Contract · JBCC
Under review
Bill of Quantities
BoQ · 148 line items
Mapping
Who benefits
Built for both sides of the contract
BltFinance creates value for project owners and contractors alike.
Project owner / employer
Your project finishes. Your reputation stays intact.
Contractors remain financially capable of maintaining programme pace.
Liquidated damages risk is materially reduced when supply chain is funded.
No additional financing obligation — the facility is contractor-side.
Greater certainty on handover milestones for tenants and end-users.
Contractor
Work certified. Materials funded. Project delivered.
Access procurement finance against your certified MMC without waiting 30-60 days.
BltFinance pays suppliers directly — no advance payment risk on your balance sheet.
Maintain programme commitments and your CIDB performance record.
Win larger contracts — pursue projects that exceed your working capital capacity.
“In South African construction, the gap between a certified payment and the next material order has ended more projects than scope changes ever have. BltFinance closes that gap.”
— BltFinance, Johannesburg · Est. 2024
Common questions
Frequently asked
Who is BltFinance designed for?
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BltFinance is designed for CIDB-registered contractors operating under principal building agreements in South Africa, and for project owners who appoint them. Most relevant for contracts of R 5m and above with programmes of six months or longer.
Does the project owner take on any liability?
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No. The procurement facility is a contractor-side instrument. Repayment is structured through the certified payment waterfall. The employer has no additional financial obligation beyond the contract.
How does BltFinance interact with the existing contract mechanics?
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BltFinance aligns with JBCC and NEC contract environments and uses the existing certification cycle as the drawdown trigger. We map the facility against the BoQ and the agreed S-curve.
How quickly can a facility be established?
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Eligibility assessment typically takes 48 hours. Full facility structuring completes within 5 to 7 business days, with first drawdown available upon confirmation of the first certified payment milestone.
What happens if the project runs over programme?
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The self-liquidating nature means the settlement timeline follows the actual payment cycle. We work with contractors to restructure drawdown limits if the programme is formally revised under the contract.
Get started
Ready to fund your next project?
Talk to our team about structuring a procurement facility. We will assess your contract and have indicative terms within 48 hours.