Levelset
MARCH 21, 2022
Meanwhile, you’re incurring expenses that drain your bank account, like purchasing materials and paying employees. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet. Learn More.
Levelset
AUGUST 29, 2022
Having access to extra cash flow can eliminate financial barriers before they become roadblocks for your business. Even if you have enough cash today, financing your materials is a great solution to have in your back pocket for unexpected needs in the future. “We Growing your business requires cash.
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Levelset
FEBRUARY 3, 2023
Managing cash flow in the construction industry is difficult in any economy, but during a recession, specialty contractors face even more financial challenges than usual. At Levelset, we understand the construction industry and the importance of cash flow security for specialty contractors.
Levelset
JULY 25, 2022
Debt capital is funding that a construction business acquires by borrowing, typically from banks or other lending institutions. By taking on debt, construction companies can defer payment on large purchases and use cash reserves for more immediate costs, like employee payroll or purchasing materials for a new job. . Debt capital.
Construction Business Owner
FEBRUARY 16, 2012
Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Building your case beforehand can certainly help and makes you look better in the eyes of the bank. Crunch the numbers – Banks like proactive business owners. General Management.
Levelset
AUGUST 16, 2022
Here are some factors you should consider to increase your chances of success with a potential project and your ability to secure a construction bond. Sureties calculate working capital more conservatively than other credit providers or banks. It is also helpful to provide the surety with a cash flow projection for the project.
Construction Business Owner
FEBRUARY 23, 2012
So it’s no surprise that whenever I talk to companies about how they store their data, the number one concern I hear is in regards to security. According to Eric, most of his clients have “far humbler” security checkpoints than what a data center can offer. Today’s Cloud Security. General Management. Software & Technology.
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