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Billd Welcomes Paul Williams as Chief Financial Officer

Published: September 07, 2023
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Austin, Texas – September 8th, 2023 – Billd, the leading provider of commercial financing solutions for subcontractors, is pleased to announce the appointment of Paul Williams as its new Chief Financial Officer. Williams is poised to play a pivotal role in Billd’s financial management and the continued growth and success of the company.

Williams joins Billd following a distinguished career in the financial sector, having held executive positions across prominent fintech, tech and environmental companies. As demand mounts for Material Financing and Pay App Advance, his expertise in financial analytics will enhance Billd’s ability to offer industry-specific financing tools to subcontractors.

“We are excited to welcome Paul to the Billd team as our new CFO,” said Christopher Doyle, President and CEO of Billd. “His deep understanding of financial management will be instrumental in advancing our mission to empower subcontractors with the financial tools they need to thrive in the construction industry.”

In his career, Paul has successfully raised over $5 billion of financing as well as successfully securing AAA ratings for securitization and private structures in his leadership roles at Tally and Earnest. Williams received his MBA from The Wharton School at the University of Pennsylvania and his AB from Princeton University.

About Billd: Billd stands alone as a partner that truly champions the subcontractor. Founders Christopher Doyle and Jesse Weissburg, industry veterans in both construction and finance, witnessed the detrimental impact to subcontractors of the longstanding broken payment cycle in construction. Their time in the trades inspired them to launch Billd in 2018, bringing the financial power of Wall Street to the construction job site. Billd's financial and payment products empower subcontractors to bypass project hurdles by providing access to upfront funds to cover their most pressing costs, including materials and labor. Unlike traditional financing outlets, Billd provides flexible lines of credit to accommodate the unpredictability of cash flow in construction, and extends their customers up to 120-day terms to align with industry payment standards. Billd knows traditional credit metrics are poor predictors for risk and has built a variety of industry-specific, proprietary analytic and financing tools to allow subcontractors to stabilize cash flow and more effectively grow their businesses.

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