Our blog is where construction finance meets real-world advice. From cash flow strategies to industry insights, each post is designed to help contractors and business owners make smarter decisions.
Commercial construction contractors are in an almost impossible situation. The economy is booming, and public and private organizations are looking to build new offices, hotels, skyscrapers and more. But to make all that happen, organizations — and the general contractors they hire — depend on thousands of subcontractors who are willing and able to do […]
A common commercial construction billing mistake companies tend to make is to delay submitting an invoice or pay application for the work completed during slow months. Construction companies, in most situations, have work schedules that ebb and flow as their jobs progress. Busy and slow months are inevitable. Federal holidays and poor weather conditions often […]
For many contractors, securing a commercial construction loan happens when stress levels are already high. The project has started and the crew is on-site or it is only a few days / weeks from starting. Payroll becomes an emergency — how will you pay your team while waiting for the GC to pay you? And […]
If your company has more than a few employees, your revenue is growing, and you are juggling multiple jobs, it’s probably time to hire your own construction accountant, preferably a Certified Public Accountant. A good accountant often pays for themselves in a relatively short amount of time. After all, finances need to be current and […]
Manufacturing is an essential part of the American economy, supporting 8.5% of the country’s workforce. Of the nearly 252,000 businesses that work in manufacturing, 75% of them have less than 20 employees, according to the National Association of Manufacturers. For many small businesses, it can be difficult to find a loan, whether through a bank, […]
In the decade following the Great Recession, many American manufacturing business owners have struggled to secure loans or lines of credit from traditional banks. As a result, a host of new and different manufacturing finance lending options have sprung up to help manufacturers looking to expand, better manage their cash flow, purchase new equipment and […]
The modern construction site looks different than it did 20 years ago, 10 years ago, and even 5 years ago. Technology and industry trends are driving developers to do things differently, from changes in high-level planning to finding ways to detect minute leaks. Check out these top six constructions trends that are changing work sites […]
The commercial construction market rises and falls with the global economy, but a few trends remain the same. One trend that continues to march forward and increase in importance is environmental stewardship. Green materials, green buildings, and green development strategies all play a role in the design process. More commercial clients demand it, and developers […]
Due to the inconsistent nature of commercial construction, it is essential to build a healthy profit margin into each of your projects, and to know what the breakeven point is that will determine whether each job ultimately finishes with a profit or a loss. The key is to properly run the numbers, being as specific […]
