Projects We Love: Independence Hall Visitor Center

The front door of one of the most historical sites in the country is undergoing a major renovation. The Independence Visitor Center, in Philadelphia, welcomes millions of people from around the country and around the world who want to see where the Declaration of Independence and the United States Constitution were signed.


How to Make Your Construction Company More Bondable

Man in hardhat and green jacket posing on building site

Securing a bond can be a major hurdle for commercial construction companies looking to land bigger projects and grow their businesses. This is especially true if bidding on a government contract.

What is bonding?

Bonding is similar to an insurance policy, in that a surety bond company will cover the cost to fix any problems that occur, such as failing to complete the project, once a claim is filed against the policyholder. Unlike an insurance company, however, the surety bond company can then charge the policyholder for any dollars they pay out if a claim is a made.

Projects We Love: Tampa International Airport Expansion


Tampa International Airport (TIA) is nearly finished with the first phase of its roughly $2.3 billion expansion. The first phase has included the construction of one of the largest car rental facilities in the country (2.6 million square feet), and a 1.4 mile people mover track, plus renovations to each of the four existing airsides and a major remodel of the main terminal.


What is Commercial Construction Contract Financing?

Construction site with heavy equipment

Commercial construction contract financing is a way for contractors and subcontractors to borrow dollars they need for the early stages of a particular job by using the value of their contract as collateral for the loan.

Mobilization Funding, sometimes referred to as Mobilization Financing, is a commercial construction contract financing option for subcontractors who are otherwise unable to secure an SBA or traditional bank loan, but who need additional funds for the first few months of a project. It is a short-term option that allows you to borrow up to a certain percentage of the total value of the contract, then repay the loan with the dollars received from contract payments.


Insurance Policy Tips For Commercial Construction Businesses

Insurance Policy Tips for Commercial Construction Business

The world of insurance can be confusing, especially for commercial construction business owners who need coverage for their commercial contracting companies.

The challenge is buying the right insurance so that your company is adequately protected and still within its operating budget. Insurance expert, Beckie Ervin of Ervin Insurance Concepts, recently spoke with Mobilization Funding to point out common, avoidable mistakes that can save you money and better protect your business.


Simple Steps to Prevent Your Construction Business from Being Hacked

Fingers on laptop keyboard

If you own a construction company, you might feel pretty safe from hackers. Your company may not have a website, physical office location or a big staff. But unless you operate on a paper-only basis, you could be susceptible to hackers who want to exploit information and steal dollars from you, your company, employees, and clients.


Margin vs. Markup: What You Need to Know When Bidding on Commercial Construction Projects

General Contractor Business Owner with Team on Site

How does your business calculate the right bid for a job? Do you sort out the job cost and then increase it by a third? Do you use the “10 and 10” method, adding a 10 percent overhead and 10 percent profit? Are you able to differentiate between margin vs. markup? When is the last time you double checked those figures?


5 Reasons You’re Not Landing the Big Construction Jobs

Commercial construction bidding can be a stressful and frustrating process. It takes time, energy, and doesn’t always pan out in your favor. But, sitting out the race also means turning your back on tremendous growth opportunities. Here are some common mistakes contractors should avoid when bidding on new projects.

Man's hands on a laptop keyboard, blueprints underneath