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Assuredness in Today’s Global Surety Market

Construction Business Owner

In 2020, there was some tightening of surety credit for certain sectors, but generally speaking, the premier contractors had no issues securing bonds and that trend is expected to continue and the surety and finance industry is forecasted to be robust for the remainder of 2021 and into 2022.

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What Every Contractor Needs To Know About Successful Construction Companies

Contractor Bookkeeping

However, they may also face challenges such as limited resource access, difficulty securing financing, and increased competition from larger firms. Due to their size, they are often more flexible and able to adapt to market or project scope changes. Over the years, we have had many successful construction clients.

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What Every Contractor Needs To Know About Successful Construction Companies

Contractor Bookkeeping

However, they may also face challenges such as limited resource access, difficulty securing financing, and increased competition from larger firms. Due to their size, they are often more flexible and able to adapt to market or project scope changes. Over the years, we have had many successful construction clients.

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Mortgage Rates Expected to Rise Into the New Year

Pro Builder

Forecasters anticipate an upward trend for mortgages in the final weeks of 2021. Mortgage rates will likely rise throughout December with a steep increase at the end of the month as bond traders sell their mortgage-backed securities before Christmas, reports NerdWallet. Financing. Mon, 11/29/2021 - 10:07. New-Home Sales.

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Types of Capital for Construction Businesses

Levelset

Many companies are only thinking in terms of the next month — the next two payroll periods or upcoming vendor payments — but stable companies typically have sufficient cash forecasts to project their working capital further out.” ” Working capital is the lifeblood of a construction business. Debt capital. Learn More.

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When Will the Fed’s Rate Hikes Come to an End?

Pro Builder

Combined with quantitative tightening from balance sheet reduction (in particular $35 billion of mortgage-backed securities (MBS) per month), the combination of past moves and expected, additional rate hikes represents a significant amount of monetary policy tightening over a short period of time. Housing Policy + Finance. Financing.

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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. Kier has whittled down its average month-end net debt to £230m after a better than expected cash performance at its construction division. reported in the prior year.

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