Capital Stack Whitepaper
A Billd Whitepaper Building a Working Capital Toolkit How to Solidify the Long-Term Financial Foundation of Your Business Even the most experienced subcontractors can be caught off guard by unexpected project delays. Your greatest challenge is stabilizing your cash flow so that you can keep existing projects running smoothly and take on more work. By […]
Stay Ahead of the Game: Why Securing Capital Before You Need It Is So Critical
As a construction executive, you know exactly how unpredictable this industry can be. One minute, you have plenty of cash in the bank, the next, cash flow is so strained that you’re wondering if you have to pass up a massive project or dip into your retirement savings. This is why having and acquiring multiple […]
Unlocking the Unknown: Quantifying Risk with Subcontractor Supply Chain Finance
In the construction industry, Subcontractors are the ones that make it happen. They coordinate with the GC and other trades, source and procure the right materials, install with skilled trades, and bring the project vision to life. To make it happen, Subcontractors need access to working capital, which is often very difficult because supply chain […]
3 Principles to Consider Before Deploying Your Working Capital
Subcontractors have a host of working capital options to choose from: bank lines of credit, cash, credit cards, construction-specific financing, supplier terms, and more. As they cover all the capital needs of the business, subs have to be strategic and intentional, deciding which source of capital makes the most sense for each purchase. For subs […]
4 Reasons Why You Should Use Financing – Even If You Have Cash in the Bank
Being financially stable is all about your cash flow, how you manage risk, and the working capital options you use to run your business. A working capital stack that includes cash, bank lines of credit, material financing, and supplier terms allows you to pull from different sources of capital based on your business’s specific needs […]
2024 Market Report
Talk to one of our financial experts to see how Billd can help your business grow. 2024 National Subcontractor Market Report Subcontractors: It pays to get paid for the cost of working capital The fourth annual National Subcontractor Market Report is here and the evidence shows that subcontractors who account for the cost of working […]
Navigating Good Debt vs Bad Debt: A Strategic Approach for Subcontractors
Imagine a successful business, thriving with growth and profitability. What comes to mind? Perhaps a strong leadership team, innovative products, or stable, increasing revenue. But what about debt? Contrary to popular belief, debt isn’t always a sign of financial struggle. When used strategically, it can be a powerful tool for accelerating growth, optimizing cash flow, […]
Banks as a Financial Option for Subcontractors: Billd’s Take
Softcore mayhem descended on America’s banking system in March 2023, when two big whig banks abruptly closed. Economists like AGC’s Ken Simonson were uneasy, fearing the uncertainty in financial markets could spill into the construction industry. With a lot of folks casting a critical eye on banks, Billd believes that now is a good time […]
Supplier Terms: The Hidden Cost You Didn’t Realize You Were Paying
Supplier terms seem great on the surface, but not so much after looking under the hood. What do we mean by that? Well, as the old adage goes, nothing in life is free, and that includes supplier terms. Most contractors don’t consider terms to be a form of financing, but they are (we’ll unpack that […]