Wolgast Corporation

OCTOBER 26, 2023

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.

Commercial 125

Commercial Finance Banking Equity 125

Levelset

AUGUST 29, 2022

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 Now it is with Materials Financing.” – Joseph G., Materials Financing is a cash flow solution that allows you to get your materials now and then pay Levelset back when you get paid.

Finance 52

Finance Cash Flow Materials Banking 52

Pro Builder

SEPTEMBER 21, 2021

Banks Consider Climate Change Risk for Home Loans. Banks are starting to calculate their risk exposure to climate catastrophes, and this process can be called “underwaterwriting” or “blue-lining,” depending on whether you’re looking at it from the point of view of the bank or consumer respectively. Housing Policy + Finance.

Banking 52

Banking Risk Finance Comparison 52

Business Facilities

AUGUST 10, 2022

The Bank Of London has announced it will open its US Global Platform & Services headquarters in Charlotte, NC.

Banking 98

Banking North Carolina Charlotte US 98

Pro Builder

JANUARY 5, 2023

Read more Economics Financing Housing Policy + Finance Housing Policy + Finance Bond investors expect a top rate of 4.94%, but economists at Goldman Sachs expect the Fed will deliver quarter-point hikes at their next three meetings—holding top interest rates at 5.25%, the highest level since 2007, for the rest of the year.

Banking 52

Banking Finance Forecasting Income 52

Levelset

FEBRUARY 3, 2023

One of the most significant challenges during that time was the lack of financing for commercial construction companies. That’s why we’ve built Materials Financing to empower you to buy materials now and pay for them later with up to 120-day payment terms.

Finance 52

Finance Cash Flow Materials Security 52

Construction Dive

SEPTEMBER 21, 2023

A rebound in mergers and acquisitions should come later this year as economic confidence and financing conditions improve, says a banking executive.

Deals 103

Deals Banking Finance Construction 103

Construction Law

MARCH 31, 2021

One thing that can be confidently said about the newly announced National Infrastructure Bank (NIB) is that it won’t be funding very much of the procurement of the UK’s national infrastructure. Adverse comparisons are being made with the scale of the European Investment Bank funding that has been lost post Brexit, which was some £5 Billion.

Banking 52

Banking Budgeting Budget Green 52

Pro Builder

DECEMBER 13, 2021

How Land Banking Could Help Builders Battling Shortages. Land banking offers a potential solution for builders to generate strategic capital and minimize the risks associated with land ownership in the midst of national shortages, according to John Burns Real Estate Consulting. Mon, 12/13/2021 - 09:49. A look into his crystal ball.

Banking 52

Banking Risk Deals Inventory 52

Green Building Law Update

JULY 24, 2016

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

Finance Lien Residential Commercial 120

Pro Builder

OCTOBER 30, 2020

Banks Step In to Shrink Black Homeownership Gap. More banks are rolling out initiatives in order to bolster historically low homeownership rates for minorities. In Washington, DC, one firefighter and his family were able to purchase a home with the help from Chase Bank’s Chase Homebuyer Grant, according to the Washington Post.

Banking 52

Banking DC Washington Income 52

Lets Build

JUNE 7, 2019

In a recent study of self-identified business owners, accountants, bookkeepers, estimators, and finance managers within the construction industry, 1. Yet having at least some understanding of cost analysis isn’t just desirable—it’s necessary.

Estimating 130

Estimating Banking Finance Profitability 130

Contractor Bookkeeping

JUNE 1, 2018

Corporations And The Influence They Have Over The World Bank. The World Bank is, in theory, an institution which treats all countries the same. However, the reality is that there is a large amount of influence which certain companies are able to hold over the bank and the decisions which it makes. Multinational U.S.

Banking 52

Banking Industrial US Accounting 52

Wolgast Corporation

NOVEMBER 28, 2022

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. These types of requests are common place in today’s world when an owner finances the construction of a building.

Lien 116

Lien Risk Contractors Banking 116

Construction Business Owner

JUNE 1, 2022

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 177

Leases FASB Accounting Finance 177

Pro Builder

JUNE 9, 2023

The project was completed with the help of the East Akron Neighborhood Development Corporation (EANDC) as well as a number of partners, including Huntington Bank, who put together the financing and government and private funding for the housing complex. Housing for everyone is part of the American dream," she said.

Housing 52

Housing Banking Ohio Finance 52

Green Building Law Update

APRIL 4, 2021

And yes, there are green bonds in the marketplace, but they finance almost any positive environmental impact, not specifically green building, and with no widely recognized standard many have been criticized as greenwash. Real estate has been and remains the largest sector in the U.S. It is time to dare and endure.”.

Green 293

Green Debt Security Commercial 293

Contractor Bookkeeping

OCTOBER 11, 2019

Contractors want money; banks want to lend money, what's the problem? Multiply that by 100,000, and you will begin to understand why banks seem so tight-fisted about loaning money. Think of all the times: You loaned money to a friend or relative. Provided labor and material for somebody's home or business without a deposit check.

Banking 49

Banking Contractors Change Orders Materials 49

Wolgast Corporation

MAY 22, 2023

In one of our earlier blogs, we shared with you details of the Small Business Association’s 504 loan in “ Easy Financing for Small Business Growth in Michigan ”. Being able to finance 80-90% of the cost couldn’t be a better deal for these companies. It is still a nominal rate spanning a longer term than the traditional bank loan.

Banking 62

Banking Michigan Finance Commercial 62

Pro Builder

SEPTEMBER 2, 2022

Bank of America is offering zero down payment mortgages to first-time minority homebuyers in five U.S. This week, Bank of America announced that it will be offering zero down payment mortgages for first-time buyers in historically Black and Hispanic neighborhoods in five U.S. Financing. Fri, 09/02/2022 - 09:54. Demographics.

Banking 52

Banking Discrimination Finance America 52

ENR Construction

AUGUST 12, 2020

billion with financing from the U.S. Export-Import Bank The companies from Florida, Georgia, Louisiana, New York, Oklahoma, Pennsylvania, Tennessee, Texas and the District of Columbia, will deliver exports of equipment and services worth $1.8

District of Columbia 83

District of Columbia Oklahoma Pennsylvania Tennessee 83

Green Industry Professionals

JANUARY 28, 2019

TD Retail Card Services will continue to support Cub Cadet by providing consumer and commercial revolving credit financing.

Banking 55

Banking Retail Finance Commercial 55

Buisness Facilities Contributed Content

JULY 1, 2013

Sutton, CAE, President and CEO of the Equipment Leasing and Finance Association. That’s why it has never been more important for startups and small businesses to understand their options for financing the equipment needed to operate and grow their businesses. By William G. Key Benefits for Unique Business Needs.

Finance 63

Finance Equipment Cash Flow Leases 63

Construction Business Owner

JANUARY 29, 2015

From local banks and national credit unions, to loan brokers and even equipment finance specialists, there are several avenues available to complete the financing process and obtain the equipment that construction businesses need.'

Leases 120

Leases Union Finance Banking 120

Construction Equipment

NOVEMBER 9, 2016

Although federal regulators have not given the go-ahead to Energy Transfer Partners, the company announced yesterday it has started moving heavy equipment to Lake Oahe, S.D., despite requests by federal agencies to delay the project as the US government reassesses permits and considers possible reroutes.

Banking 66

Banking Finance Permits Regulation 66

ENR Construction

AUGUST 12, 2020

Export-Import Bank financing. Firms from Florida, Georgia, Louisiana, New York, Oklahoma, Pennsylvania, Tennessee, Texas and Washington, D.C. will deliver equipment and services exports worth $1.8 billion, with U.S.

Oklahoma 64

Oklahoma Pennsylvania Tennessee New York 64

Construction Dive

FEBRUARY 26, 2014

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

Banking New York Green Defense 48

ENR Construction

APRIL 15, 2020

Pension fund ex-CEO Michael Sabia now chairs criticized project finance entity, with feds seeing role ahead in country's COVID-19 recovery.

Banking 36

Banking Infrastructure Finance 36

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. Protect your lien rights.

Cash Flow 98

Cash Flow Insurance Lien Management 98

Construction Enquirer

MAY 14, 2023

Finance director Eamon Higgins said McAleer & Rushe said revenue for 2023 was now projected to hit a record high of £425m this year after signing off a major job on London’s South Bank, with a number of sizeable residential contracts targeted for the months ahead.

Residential 62

Residential Banking Finance Profitability 62

ENR Construction

OCTOBER 9, 2014

Public-private Global Infrastructure Facility will start pilot phase this year, focusing on "climate friendly" or trade-boosting projects.

Infrastructure 65

Infrastructure Banking Finance Plans 65

Construction Enquirer

JULY 27, 2023

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

Debt Maine Banking Finance 64

Pro Builder

MARCH 29, 2023

Read more Financing Affordability Economics Financing higher compared with the previous week, CNBC reports. While the 30-year fixed rate remained 1.65 percentage points higher than a year ago, homebuyers responded, leading to a fourth straight increase in purchase applications.”

Finance 52

Finance Banking Housing Contract 52

Green Industry Professionals

JANUARY 14, 2013

Private-label credit card offers financing on outdoor power equipment products, parts and service.

Finance 53

Finance Retail Banking Equipment 53

Construction Business Owner

MAY 30, 2013

So, many businesses, construction and otherwise, develop financing relationships beyond banks to add stability to their operations.' A common trait of successful construction companies is the ability to manage risk and minimize the effects of uncontrollable conditions. However, not all adverse jobsite conditions can be mitigated.

Leases 136

Leases Banking Finance Risk 136

Green Building Law Update

MAY 25, 2014

While bond financing can have higher transaction costs than oft used mortgage backed loans, even in large dollar amounts as in this instance, it is significant that there was strong market demand for these unsecured bonds that drove the lower interest rates. In November 2013, Bank of America issued the first ever U.S.

Green 120

Green Banking Finance Leases 120

Construction Marketing

JANUARY 25, 2023

You must secure financing for the project. Developers must understand the various financing options, such as traditional bank loans, private equity, and government programs. The developer may also be responsible for arranging to finance the project, which can consist of a combination of equity and debt.

Commercial 206

Commercial Leases Regulation Finance 206