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PayPod Podcast: Scott Hawksworth and Chris Doyle, CEO of Billd

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Published: January 08, 2021
Last updated: April 19, 2022

Summary

Most of the podcast appearances by Billd CEO Chris Doyle take deep dives into the construction industry and how Billd fits. This time, when Chris joined Scott Hawksworth on the PayPod podcast, he zoomed out. The two shared a discussion on construction finance 101 – what it is, why it’s used, and who benefits the most from it.

The discussion ranges from why Billd was created to Chris’s thoughts on the future of tech in construction. And – spoiler alert – that future really isn’t so far off. In discussing the existing and emerging technologies that aim to help the construction industry, we learn about why Billd offers some planning tools for free, such as our payment estimator and our contractor cash flow estimator.

“The most important thing is we want to allow our contractors to fully understand the product and how it’s used… it allows the contractor to bid with a lot more confidence.” Chris Doyle

About Billd: Billd stands alone as a partner that truly champions the subcontractor. Founded in 2018 by two industry veterans in both construction and finance, Billd’s construction-specific financial and payment products empower subcontractors to overcome the impacts of the longstanding broken payment cycle in construction. Billd offers access to working capital solutions to cover subcontractors’ most pressing costs, including materials and labor, providing flexible credit to accommodate the unpredictability of cash flow in construction. Billd’s patented analytic and financing methodology allows subcontractors to stabilize cash flow and more effectively grow their businesses.

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