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McDermott exits Chapter 11 bankruptcy

Construction Dive

billion of debt and provides the energy contractor's management with 7.5% of newly issued equity. The reorganization eliminates $4.6

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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.

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Evaluating a subcontractor’s health before awarding work has become more important than ever for general contractors. FINANCIAL RATIOS: DEBT . Debt Ratio . Debt Ratio measures the extent of a company’s leverage. It can be used to determine the proportion of a company’s assets that are financed by debt.

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What You Should Know Before Taking a Construction Loan

Construction Marketing

Upon approval, the money is sent to the contractor in intervals as the construction work progresses. If the appraisers approve, the lender makes more draw payments to the contractor. Owner-builder : This type of loan is a good option when the borrower is a contractor. What to consider about construction loans.

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Accounting Basics for Small Contractors — Benchmarking

Contractor Magazine

Debt-to-equity ratio? In this installment of Accounting Basics for Small Contractors, we’ll look at specific KPIs (Key Performance Indicators) (aka benchmarks) that contractors should be monitoring. BY MICHAEL BOHINC, CPA. Do you know your current ratio? How often assets turn over?

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Phases of Commercial Real Estate Development

Construction Marketing

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. You must secure financing for the project.

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Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

QuickBooks For Contractors Setup. We Fix Bad QuickBooks For Contractors Setup Issues. Let us handle your QuickBooks setup for your contracting company because accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the ups and downs of the business cycle.