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Navigating Commercial Building Loan Landscape for Small Business

Wolgast Corporation

We checked in with Steve Canole, Senior Vice President of 1 st State Bank, to find out the current commercial financing climate and if there are any changes, insight, or guidance our business owner clients should know to secure financing to fuel their growth. Over the last 18 months, lending is back to financing 75% or lower.

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Types of Capital for Construction Businesses

Levelset

Construction companies need capital to get off the ground, stay in business, and keep growing. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Construction companies need a solid understanding of capital to run a successful business. .

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Phases of Commercial Real Estate Development

Construction Marketing

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. You must secure financing for the project. The construction process also provides for installing flooring, paint, and fixtures.

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Construction Bookkeeping Unique Features

Contractor Bookkeeping

Construction Bookkeeping Vs. Regular Bookkeeping. Business Owners - Need three basic reports, Cash, Profit and Equity. Bank Balance - Un-cleared Checks) = Cash. Assets - Liabilities) = Equity. -. Construction Bookkeeping - Is roughly 15% of all accounting and Accounting with manufacturing making up roughly 5%.

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PSMJ Resources Blog: Construction job openings, pay rose at.

PSMJ Resources

Construction job openings, pay rose at yearend but hiring slipped; ISM reports growth. The job-opening rate in construction increased from 0.8% The hires rate (hires as a percent of total employment) was steady overall from December 2010 to November and December 2011 but decreased in construction. for construction.

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South Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Bond Financing: Provides small businesses with access to the public bond market. The REDI Fund is one of South Dakota’s primary economic development financing tools. Revolving Economic Development & Initiative (REDI) Fund: Provides permanent financing for land, building, machinery and equipment and associated installation costs.

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Wyoming Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

FINANCING & GRANTS. The Business Ready Community Grant & Loan Program: Can provide financing for publicly owned infrastructure that promotes economic development within Wyoming communities and provides publicly owned infrastructure that facilitates a specific businesses needs. The purchase of these bonds is authorized by W.S.

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