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The Top Podcast: Nathan Latka and Chris Doyle, CEO of Billd

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

 

Summary

As a guest on Nathan Latka’s podcast, The Top, Billd CEO Chris Doyle discusses the business side of Billd’s innovative financing solution for contractors. This episode really pulls the curtain back on what makes Billd “tick” and provides an immersive view into how we are able to provide such great value to our customers.

As a construction industry veteran, Chris knows first hand the troubles that plague contractors – especially cash flow and the unpredictability of construction payment cycles. As you’ll learn by listening to this episode, Chris founded Billd to combat these issues, even going so far as to put cash back into contractors’ hands that most other companies would skim off the top and keep for themselves.

And we mean this literally. Our team reviews contracts from material suppliers that many contractors simply don’t have the time to give full attention to. Between cash discounts listed in small print, misattributed shipping costs, and much more, Billd is able to reduce the actual cost of materials on many of our customers’ purchases.

“We’ve saved ridiculous amounts of money on what the customer really had no clue about. Because they’re moving around fast, they’re driving jobsite to jobsite – they’re not going through looking at contracts and marking them up. We decided to pass all of this value along to the customer.” 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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