Tag: commercial contracting

How a Financial Capability Letter Strengthens Your Government Contracting Bid

corroding metal

There are many factors behind landing a winning bid. For upper-level commercial construction projects — especially for those lucrative government contracts — you have to prove that your company can complete the work for a competitive price and that you have the means to carry it through start to finish. A Financial Capability Letter can… Read more »

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.

Seeking a Commercial Construction Loan? Start Here.

Construction projects are capital-intensive and, unlike the way in which many goods and services in the United States are bought or sold, the company undertaking the work delivers on the product before billing and months before receiving payment for its services. Due to the nature of the business model, as well as to the Great… Read more »

7 Ways to Win More Government Contracts

Government contracts can be incredibly lucrative for commercial construction contractors. From public schools to county courthouses, to airports and interstates, there is a constant stream of well-paying contracts up for grabs with a near-guarantee of payment for your work.

How to Find the Right Construction Loan to Grow Your Business

How to find the right loan to grow your construction business

Managing cash flow and staying above water can be difficult for any business, but the problem is especially prominent in the construction industry, and only becomes more difficult as a company grows. Due to a complex and inefficient payment system, contractors have a nearly impossible task of covering the cost of a job, especially before… Read more »