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How to Increase Cash Flow for Your Construction Business When You Can’t Get the Financing You Need From the Bank

Levelset

Add in being denied a bank loan, and the frustrations mount. With your back against the wall, dipping into your personal bank account may feel like an easy solution. In this article, we’ll share five ways you can increase your cash flow when the bank denies you access to the money you need to start or grow your construction company.

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How U.S. Corporations World Banking Influences Construction Industry

Contractor Bookkeeping

Today's Guest Article Is From Kaya Johnson, Sales Accountant. Corporations And The Influence They Have Over The World Bank. The World Bank is, in theory, an institution which treats all countries the same. The other country with major influence over the World Bank. Multinational U.S. What the end result is.

Banking 53
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Types of Capital for Construction Businesses

Levelset

In this article, we’ll explain what construction businesses need to know about the different types of capital available — and how to use them. . Because payment for construction jobs may be weeks or months after work is already completed, companies must manage their finances carefully to maintain cash reserves for taking on new jobs.

Debt 97
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How to Avoid Running Out of Cash on a Construction Project

Levelset

In this article, we’ll explore some strategies to help you keep money in the bank. Finance material purchases. Material financing can help you delay the payment of material invoices for up to 120 days. A financing company pays your vendor directly, and you pay the financing company once you have enough cash on hand.

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Pay-if-Paid Clause Enforcement Controversy Continues

Construction Dive

Last week’s article on “Pay-if-Paid” clauses was one of our most-read construction law articles in recent weeks. Thirteen readers weighed in with their responses, from a simple “Read and understand your contract” to a couple of 200+ word commentaries. Read more.

Banking 48
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CFOs Increasingly Optimistic About Economic Growth

Buisness Facilities Contributed Content

A new survey from TD Bank reveals a surge in both economic optimism and capital spending plans among middle market and large corporate finance executives. According to TD Bank’s fourth Annual CFO Survey, nearly 60% of respondents are optimistic about U.S. Posted by Heidi Schwartz. Despite Optimism, Concerns Linger.

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5 Ways to Improve Cash Flow in Your Construction Business

Levelset

In this article, you’ll discover five tips to improve your cash flow so that you can grow your business and increase financial flexibility. Use materials financing to have more cash on hand. Specialty contractors often serve as a bank for the construction industry. Establish consistent accounting procedures.