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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

Green buildings are less risky, more profitable, with higher appraised value than conventional buildings that results in higher company creditworthiness, measuring the reduced likelihood of it defaulting on its debt, but today, green building does not receive a commensurate lower interest rate on its debt.

Green 293
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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

Department of Housing and Urban Development and the Department of Veterans Affairs released new guidance, changing their previous positions, now widely allowing residential Property Assessed Clean Energy (PACE) financing. real estate since the invention of the glass window. HVAC system upgrades, photovoltaic systems, cool roofs, etc.),

Finance 120
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Types of Capital for Construction Businesses

Levelset

Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. For most businesses, working capital will be front of mind, but debt capital and equity capital serve important purposes as well. Debt capital. 3 types of capital for construction. Working capital.

Debt 97
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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

The contractor’s focus should be on the impact the lease standard will have on the company, specifically bank and surety considerations, and the specific attributes such as embedded leases, related party leases, consolidation (when there is a variable interest entity), and how to apply the standard to these situations. Accounting & Finance.

Leases 170
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Elements Europe wins Digbeth 550 rental flats

Construction Enquirer

Goodstone Living has secured more than £100m of debt financing from NatWest and Allied Irish Bank to develop Smith’s Garden Around 1140 modules needed for the project will be manufactured in Telford between November 2023 and January 2025. Construction activities will now get underway to prepare the site.

Debt 64
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What Your Business Credit Report Tells Lenders

Pro Builder

Just like your personal credit score, your business credit score indicates whether you’re a good risk for paying your debts or not. It helps lenders assess whether you’re qualified for the loan amount you’re requesting and if you’ve been good at managing your company’s finances. What Is a Business Credit Score?

Debt 52
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Construction Bad Debt What To Do About It

Contractor Bookkeeping

All construction contractors have experienced the financial pain of bad debt which is defined as a customer who refuses to pay no matter what you do. Oddly enough most of them paid the debt years later and all of them were very appreciative that we treated them with courtesy and respect. Knowing The Answers Helps.

Debt 49