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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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Navigating Commercial Building Loan Landscape for Small Business

Wolgast Corporation

Navigating Commercial Building Loan Landscape for Small Business One of the essential components of business growth and sustainability is securing necessary financial resources. For owner-occupied buildings, banks seem to be still willing to finance in the 80% range, this can fluctuate depending on other credit variables,” Steve explained.

professionals

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New Legal Guide and Resource For Your Construction Business

Construction Marketing

Financial matters (bank accounts, taxation, insurance, collections). Marketing, advertising, and social media. Protecting data and intellectual property. Employment law issues (employment contracts and policies, intellectual property, hiring and firing). Corporate record-keeping and compliance.

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No Slowing Down for Home Improvement Projects and Sales

Pro Builder

According to MarketWatch, home improvement retailers Home Depot and Lowe’s have a 17% and 12% market share, respectively, and Bank of America predicts the two will continue to see gains. Bank of America also estimates 2020 home improvement sales and services reached $767 billion, making it the 20th largest economy in the world.

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You Risk Paying Twice When Sub-Contractors Don’t Pay Their Bills

Wolgast Corporation

On top of that, that they expect you, the owner, to guarantee to the Bank and the Title Company that the project will be lien-free during construction. The lien laws protect people that supply the resources to build a building. Why should you care?

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Will the New York Green Bank Spur Increased Energy-Efficiency Investing Outside of the State?

Construction Dive

What will be the nationwide impact, if any, of the New York Green Bank, a bank that opened for business earlier this month with a partial mission of stimulating private financing of energy-efficiency projects? ” Will it? Read more.'

Banking 48
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Preparing for Institutional Capital

Construction Business Owner

Institutional capital providers, which include non-local lenders, bank syndications, specialty lenders, insurance companies, pension funds, university endowments, private equity funds and family offices, can be a resource for working capital, acquisition capital or a means to harvest value built throughout the years.'

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