Contract Financing: What is it, who does it help, and how does it work?
Contract financing is a way for businesses that operate through contracted work to secure funds in advance of the work being performed. If you’ve ever turned down work because you didn’t have the cash flow for the initial labor, materials, or other costs associated with the project, contract financing might be the financial solution for […]
Webinar Recap: How to Get Paid & What to Do When You Don’t
Cash is the lifeblood of your contractor business but getting that cash can be a nightmare. We asked Lori J Drake, CBA, Levelset‘s Payment Professional’s Community Manager, to join MF CEO Scott Peper for a conversation about the most common reasons payments get delayed, what to do if a GC payment is late, and how […]
Webinar Replay: Solving the Construction Labor Challenge
Autumn Sullivan We have a lot A lot to cover. So we’re gonna go ahead and get started. Hi, everyone. Thank you so much for joining us today. My name is Autumn Sullivan. I’m the Marketing Director at mobilization funding. And today’s webinar is about solving the constructure construction labor challenge. I have amazing guests […]
The Construction Labor Shortage is a Work Culture Problem
The construction labor shortage was bad before the coronavirus pandemic; now it is a full-blown crisis. According to a CNN Business article, the construction industry lost 1 million workers during the initial months of lockdown. Now, the article states, the industry is losing workers faster than it can recruit new ones. According to the 2020 […]
3 Simple Tips for Improving Construction Cash Flow
The state of construction cash flow in 2021 is well below the level of comfort for most contractors; the industry is still recovering from the damaging effects of the pandemic. Our good friends at Levelset recently released the 2021 Construction Cash Flow & Payment Report, a detailed report on the state of cash flow and […]
Getting Paid in Construction is Like a Marathon in Hell
Construction payments are notoriously slow. There are a lot of misperceptions about why that is. We break down the reality, and how to improve it.
Include Finance in Your Capability Statement
A financial capability letter shows your GC that you have the capital to do the project right. Financial capability letters are an important X-factor when bidding on government contracts, but they should be part of every bid you submit as a component of your capability statement. After all, one of the largest concerns a General […]
Do Your Part: Rebuilding Greatness
The construction industry is a lot like an American muscle car. I want you to picture a classic American muscle car. In fact, let’s all take a minute and appreciate this 1968 Ford Fastback Mustang GT. Gorgeous. The GT was built with purpose. Every mechanical component, every aesthetic choice, every button, knob and light all […]
Webinar Replay: Construction Marketing
Marketing is a lot more than a logo, a website, or a Google ad. It’s everything your company does to build awareness, gain new business and deliver value to your customers.
In this webinar, four marketing experts from the AEC industry share their tips for effective branding, website design, email, social media, and video marketing.
Cash Flow Management for Construction Businesses
Cash flow in construction is complex, but managing your company’s cash flow shouldn’t feel impossible. What you need are a few simple, actionable strategies that will take your cash flow management from chaotic to clear and productive. Cash flow experts Scott Peper (Mobilization Funding), Suzanne Cox, CPA, CIT, (Saltmarsh, Cleaveland & Gund) and Lori Drake, […]