Building Efficiency Podcast: Jim Schafer and Jesse Weissburg, CCO of Billd
On this episode of the Building Efficiency Podcast, Billd CCO Jesse Weissburg joined host Jim Schafer to talk about why there is a need for solutions like Billd in the construction industry. As the two discuss, it really boils down to the disconnected construction payment cycle: that subcontractors often need to rob Peter to pay Paul because they haven’t been paid for work they’ve completed.
The two also discuss the changes we might see in the supplier-subcontractor relationship. The interactions between these parties are incredibly antiquated. For example, many suppliers don’t keep credit card information on file, leading to longer interactions on every single purchase.
Listeners also get the opportunity to learn more about Jesse, thanks to a few thoughtful questions from Jim. If you’re interested in knowing what makes Jesse tick, make sure to listen through to the end.
“We’re project-based. We dive into the project, and this takes us a matter of hours. We’re not like a bank, which will take anywhere from 2-6 weeks to turn around an answer.” – Jesse Weissburg
About Billd: At Billd, we provide a payment solution that enables commercial construction contractors to free up cash for material purchases while enjoying the flexibility of 120-day payment terms. You get financing for commercial materials upfront with the freedom to pay it back at your own pace. Learn more about how we can help eliminate your company’s cash-flow problems so you can win more bids and grow your business.Learn More