I've hit a cost overrun on a fit-out or project — how do I fund the finish?

A cost overrun mid-project leaves you committed but short; a short facility funds the finish so an almost-complete fit-out or project doesn't stall at the final hurdle. An overrun on a fit-out or project — unexpected works, price rises, scope creep — can leave you committed with the finish line in sight but the budget exhausted. Stopping now wastes what's spent.

I've hit a cost overrun on a fit-out or project

2 min read

Over budgetBut committed

Fund the finishShort facility

Don't stallAt the final hurdle

Committed but short

An overrun on a fit-out or project — unexpected works, price rises, scope creep — can leave you committed with the finish line in sight but the budget exhausted. Stopping now wastes what's spent.

Fund completion

A short working-capital facility covers the overrun so the project completes and starts earning. An almost-finished fit-out that opens is worth infinitely more than one that stalls.

Learn the budgeting lesson

Build a contingency into the next project so an overrun is planned for, not a crisis. Most overruns come from omitting a buffer for the unexpected.

What it means for you

Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online when the numbers work.

Frequently asked questions

Can I finance a project cost overrun?

Yes. A short working-capital facility funds the completion so an over-budget fit-out or project doesn't stall at the final hurdle. Finishing and earning beats abandoning what's already spent.

How do I avoid cost overruns next time?

Build a contingency — typically a sensible percentage — into the budget for the unexpected. Most overruns come from omitting that buffer, so planning for it turns a crisis into a managed variance.