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Restoration: How to Manage Cash Flow While Waiting for an Insurance Check

Levelset

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. Poor cash flow management is the number one reason why construction businesses fail. Plan out your cash flow.

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4 Ways Materials Financing Can Help You Recession-Proof Your Business

Levelset

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. One of the most significant challenges during that time was the lack of financing for commercial construction companies.

Finance 52
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Types of Capital for Construction Businesses

Levelset

Because payment for construction jobs may be weeks or months after work is already completed, companies must manage their finances carefully to maintain cash reserves for taking on new jobs. “Often, the case is pretty strong to use debt financing for long-term assets, which frees up cash for operating expenses.

Debt 97
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Kier whittles net debt down to £230m

Construction Enquirer

In a year-end trading statement, Kier said it had also managed to keep the order book above £10bn, with 85% of next year’s forecast revenue already secured. He added that Kier had generated better positive operating cash flow for the year and would now report a net cash position of around £60m at the year-end, higher than the £2.9m

Debt 47
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Investor Purchases of Single-Family Homes Threaten an Overcrowded Market

Pro Builder

Buy-to-rent investment purchases could pose a substantial risk to the housing market, particularly with dwindling supply. According to the CalculatedRisk Newsletter, demographics are now favorable for buying homes, but new house hunters are squaring off against investors who are able to obtain financing at lower rates. Build to Rent.

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Equipment Financing Means Flexible Solutions For Business Needs

Buisness Facilities Contributed Content

Sutton, CAE, President and CEO of the Equipment Leasing and Finance Association. economy needs to get moving again; however, their nature of being newer, less capitalized or less established creates a Catch-22 that impedes their ability to secure the credit they need. By William G. Key Benefits for Unique Business Needs.

Finance 63
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The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

Second, if you’re looking to raise finance, all potential investors will ask to see your business plan before agreeing to fund you. Your business plan should also identify potential risks that could result in cash flow problems. Legal Documents. This article outlines what’s required.