Removing Capital barriers for Construction businesses

Vast opportunities – Are businesses falling behind?

According to the Ministry of Finance, in the first six months of 2025, Viet Nam attracted USD 11.72 billion in FDI, with significant inflows into the industrial and infrastructure sectors. At the same time, major projects such as the North - South Expressway, Long Thanh International Airport, and new industrial zones have been restarted. These are positive signals for the construction - building material markets, creating strong demand for construction services and unlocking substantial growth potential for enterprises in the sector.

Notably, government policies - such as Decision No. 523/QĐ-TTg on the establishment of task forces to inspect, expedite, address obstacles, and accelerate the annual disbursement of public investment capital at ministries, central agencies and local authorities - have helped reactivate the entire value chain of the construction sector.

However, a paradox is emerging: despite vast opportunities, many businesses are struggling to stay afloat due to cash flow shortages. Contractors are required to advance funds for construction, while payments are deferred according to project timelines. Combined with rising labor and material costs and slow disbursement, these factors are tightening contractors’ working capital. Weak capital turnover capability causes businesses, especially small and medium-sized enterprises (SMEs), to miss bidding opportunities or face penalties for delayed progress.

Although various measures have been introduced to ease capital constraints for businesses, practical implementation has not yet met expectations. Amid these challenges, a key question arises: what robust solution can truly remove the capital barriers facing construction enterprises?

SeABank’s financing package: A practical solution for Construction enterprises

Driven by the real-life capital challenges faced by businesses and the goal of unblocking credit flows to help them seize opportunities, Southeast Asia Commercial Joint Stock Bank (SeABank) has developed a wide range of products and services to support businesses in expanding their capital and capturing growth opportunities. An outstanding initiative is the implementation of the Construction Financing Package – an exclusive financial solution tailored for Construction enterprises. This credit package is designed to address short-term working capital needs, enabling flexible guarantees and payments for contractors.

With SeABank’s Construction Financing Package, businesses can access diverse credit options, including: short-term working capital loans on a case-by-case or revolving credit limit, import L/Cs for equipment and materials, issuance of ‘tailored’ guarantees for each contract package, etc. This package fully meets customers’ credit needs from the bidding stage to project handover and warranty. With loan terms of up to 12 months, it provides construction enterprises with greater flexibility and sufficient time for reasonable, timely repayment.

Notably, the package features highly flexible collateral requirements, extending beyond tangible assets to include receivables, whether already existing or to be generated in the future. This created significant opportunities for businesses without available collateral. Remarkably, SeABank offers highly preferential guarantee ratios, giving businesses the opportunity to obtain unsecured loans of up to 100%. For advance payment guarantees, the Bank offers flexible and timely release procedures, ensuring the fastest possible capital support for businesses.

The strength of SeABank’s Construction Financing Package lies in its ability to remove the capital barriers commonly faced by construction enterprises — from the lack of traditional collateral to the need for swift advance-payment guarantees to keep projects on schedule. All procedures are handled comprehensively and promptly through SeABank’s optimized processes.

It is evident that while capital remains a major barrier for many businesses, especially construction contractors, the timely launching of practical financial solutions such as SeABank’s financing package is expected to help remove bottlenecks, thereby accelerating project execution and seizing new opportunities. Businesses’ access to proactive, flexible, and secure funding serves as a solid foundation for them to get ahead in the growth race.