<h1 class="entry-title">Category: Construction</h1>
27
Aug
Securing contractor working capital is important. The job's done. The work passed inspection. The invoice went out three weeks ago. And yet here you are on a Wednesday night, staring at a payroll run that's due Friday and a bank balance that doesn't match the six-figure number sitting in your accounts receivable. This is the [...]
11
Aug
Say you need a new excavator, skid steer, or work truck to keep jobs moving. You've got two options: write a check and watch a big chunk of your cash reserves disappear in one shot, or use contractor equipment financing to spread that cost out while keeping your cash free for payroll, materials, and the [...]
30
Jul
Why do you need construction business funding? You know the drill better than anyone. You win the bid. You celebrate for about five minutes. Then reality shows up: you need to buy lumber, pour a deposit with a subcontractor, and get equipment on site — all before your first draw hits your account. Meanwhile, the […]
12
Feb
Why is having capital so important for a construction business? There are two main reasons. Number 1 is it is much more difficult to grow and expand your construction business without the capital to do so. Sure, you could dip into your cashflow if you want. But is this actually feasible? Not usually and it’s […]
