Read Time: 3 mins Subcontractor cash flow can get tight long before a project starts generating revenue, especially if payroll, materials, equipment, mobilization, and other startup costs all come due before you’re able to bill for the work. For companies taking on larger jobs or managing several projects at once, the challenge is understanding not […]
Read Time: 3 mins When it comes to construction financing, timing is everything. Cash-flow pressure can show up at different points in a project. If a contractor has a healthy reserve in their bank account, the pressure might not show up until the first pay app, when a contractor has done the work and is […]
Read Time: 3 Minutes Construction financing can help cover new project costs so a contractor company’s capital remains available to grow the business. Construction companies have traditionally thought of financing as an answer to an urgent cash-flow problem, but as a trade business grows, that’s not always the case. Sometimes the cash is there, it’s […]
