Saible

Looking forward to meeting everyone at the South East Consortium Development AM event on March the 27th.

Another day, another contractor insolvency leaving everyone concerned worse off: https://lnkd.in/e6-WS-Uy £45M+ debts to go unpaid (£60M across the group). One resulting large subcontractor insolvency already announced, adding another £1M in unpaid debts. We can do better. Saible.

Our Jarvey▪️ Moss Moss, joined Gavin Coyle CMIOSH I MBS on I'm The Gaffer Podcast to talk about construction payments. When Jarvey starts talking about this crisis, you can’t stop listening. The full conversation is here: 🎥 YouTube: https://lnkd.in/emHD4bvT 🎧 Spotify: https://lnkd.in/ekpGSGyJ 🍏 Apple: https://lnkd.in/eFJupthm #construction #payments #constructiontech

The collapse of ISG sent shockwaves through the construction industry, proving that even major firms are vulnerable. The latest BE News roundtable, where our own Jarvey▪️ Moss Moss joined industry leaders, tackled the systemic issues behind this crisis. 🔴 Late payments disrupt cash flow, making it harder to stay afloat. 🔴 Thin margins mean unexpected costs can tip companies into trouble. 🔴 To manage cash flow, firms take on riskier projects—but that only increases exposure. As Jarvey highlighted in the discussion, companies chasing turnover to cover costs often find themselves in a self-reinforcing spiral. When margins are razor-thin, one bad project can push a firm over the edge. It’s a tough cycle, but there’s a way forward. Stronger payment security means stronger businesses. At Saible, we help firms build resilience by ensuring payments flow safely, predictably, and on time. Our Digital Parallel Payment Account (DiPPA) removes uncertainty, so companies can focus on delivering great work. What changes do you think would make the biggest impact on fixing construction’s payment culture? #Construction #Payments #CashFlow #Contractors

Want to reduce development finance risk? Follow the money. Most construction lenders focus on contracts, valuations, and risk assessments—but what happens after the funds are released? A whole new set of risks emerges. Without a secure payment system, funds can: ⚠️ Be misused for non-project expenses. ⚠️ Get caught in disputes. ⚠️ Be lost if a contractor becomes insolvent. These risks don’t just impact individual projects—they drive higher default rates, reduced margins, and increased regulatory scrutiny. That’s where Saible comes in. Our ring-fenced payment system ensures that every pound is protected, trackable, and used exactly as intended. Funds are securely held and only released when work is completed, eliminating misallocation, reducing insolvency risk, and keeping projects moving. In a competitive lending market, borrowers are looking for financial partners who can offer more than just capital—they want security and efficiency. #businesslending #commerciallending #constructionlending #lenders #financeinnovation #fintech 

The Procurement Act 2023 is now in effect. The law of the land now requires greater transparency, fairer payments, and stronger competition in public sector procurement. For organisations financing public sector construction and infrastructure projects, this means one thing above all: change. The new framework is designed to reduce financial risk, but organisations must now navigate new compliance requirements and an evolving funding landscape. The impact? ✅ Better risk mitigation – Contracting authorities must now publish more procurement data, giving funders greater visibility into project finances, obligations, and risks before approving spending. ✅ Improved cash flow security – The Act strengthens payment protections in public sector contracts, reducing the risk of delayed payments for contractors and, in turn, improving repayment reliability for funders. ✅ 30 day payments to SMEs – The Act mandates that most public sector contracts should have a 30-day payment term, ensuring prompt payment to suppliers including SMEs, with penalties for late payment. So, how can funders protect their investments while seizing new opportunities? With Saible. Our Digital Parallel Payment Account (DiPPA) ensures that project funds are ring-fenced, fully transparent, and securely managed, giving funders full visibility into payment flows and automating compliance with and reporting on the Act’s fair payment terms. Are your funding practices ready for the Procurement Act? #ProcurementAct2023 #ConstructionFinance #Construction #Contractors #Subcontractors #ConstructionUK

Paul Singh, CFO at EEDN (project management consultants) made some interesting predictions for 2025 at BE News. Paul says that SMEs will be key to delivering the government’s ambitious agenda for infrastructure, sustainability, and housing reform. He’s right. Small businesses drive the construction industry forward - over 99% of construction businesses are SMEs. But there’s a problem. 18 construction businesses go bust every working day in the UK. That’s nearly 100 a week. Businesses go bust for all sorts of reasons, but in the end it’s always because they run out of cash, not skill or ambition. If SMEs are to lead the charge towards a smarter, greener, and fairer industry, they need a payment system that protects them and ensures they get paid—on time, every time. That’s exactly what we do at Saible. Our ring-fenced payment system keeps money moving throughout the supply chain, so subcontractors can focus on building the future without fear of financial collapse. If we want innovation, we need stability. It’s time to align ambition with action. #Construction #Contractors #ConstructionUK #CashFlow #SMEs #Subcontractors 

We're delighted to announce that Rebecca Carter has joined the Saible team as Project Manager. Becky brings a wealth of experience in banking and financial service software delivery and testing, and has the "roll up your (metaphorical) sleeves and get on with things" mentality that our company thrives on. Welcome to the team Becky!

 Saible is now an associate member of the The Bridging & Development Lenders Associations (BDLA). The BDLA promotes the highest standards and better outcomes for the short-term lending sector. At Saible, we share these values. Our mission is to bring greater transparency, security, and efficiency to financial transactions in construction, where secure and efficient cash flow is critical. By working alongside the BDLA, we aim to drive innovation and trust in development finance, helping to build a more resilient and dependable future for the sector. #BDLA #Construction #Innovation

2025 is the year that we begin to transform the payment culture in the #construction industry. In 2024 we built the Saible system. 2025 is when we take it to market. And it's already been a cracking start to the year for the Saible team on this front. Our first project up in Chester has been successfully paying suppliers for 6 months. We have a development project in London getting ready to make its first payment next month, and our first project with a Housing Association in the offing (funded by Homes England), due to start in April. Meanwhile, in the public sector, UK Government departments and agencies engaging for pilots (Environment Agency, National Highways, Ministry of Justice UK), and support from Department for Business and Trade, Cabinet Office and Infrastructure and Projects Authority (IPA) for Digital Parallel Payment Accounts (DiPPA). If, like these organisations, you are fed up with the risks of insolvency, dispute, and misuse of funds in development and construction projects, get in touch. We can help you do better.