Contract Financing for Construction Contractors: The Questions Growing Subcontractors Are Asking
Read Time: 10 Minutes Winning more work should feel like momentum. But for commercial construction subcontractors, growth often surfaces a harder question: how do you cover the cost of a project before you’ve been paid for it? Below, we answer the six questions contractors ask most about contract financing — plainly, and without the jargon. […]
Alternatives to traditional bank loans for construction companies
Read Time: 5 Minutes Your contracting business can have a strong backlog, a profitable project, and more work on the horizon, but when you turn to the bank for the capital to get that work started, the answer can still be no. That doesn’t necessarily mean the business is unhealthy. More often, it reflects a […]
How to Manage Cash Flow Across Multiple Construction Projects
Read Time: 5 Minutes Running several projects at once can be healthy growth, but it can also turn cash management into a portfolio problem. While each job may be profitable when it’s finished, spending along the way — payroll, material purchases, subcontractor invoices, retainage, and owner payments, for example — rarely line up neatly across […]