Parhill Financial Services provides qualified construction contractors with commendable credit enhancement to secure facilities on an aggregate or project specific basis. This service is designed to promote contractors to undertake larger working capacity while providing surety with extra security.
Additional products include:
Supplier Payment Funds: Parrhill is willing to loan certain monies to contractors to allow the contractor to pay certain materials early, and take advantage of early payment savings “discounts” made by the supplier.
Release of Holdback Funds: Parrhill is willing to loan certain monies to contractors in an amount that is held back under “the Construction Contract” which is due and owing to the contractor after the expiration of a certain waiting period.
Maintenance Bond Support: Parrhill is willing to indemnify for contractors requesting funds resulting from monies being held by the owner for a maintenance period of one or two years.