Blog posts tagged with "Construction Business Loans"

How to Determine if Contract Factoring Is Right for Your Business

July 11, 2022
Invoice factoring is an excellent financing option for many businesses. It can allow you to use your outstanding invoices to secure cash before your customers pay them. Also known as invoice financing, invoice factoring might make sense if you need fast cash and can’t wait for or qualify for other working capital options. 

Why Entrepreneurs Benefit From Commercial Construction Loans

December 16, 2021
While a construction business can be a profitable venture, it also comes with challenges. Competition, seasonality, and the rising cost of materials can make it more challenging to succeed. The good news is that commercial construction loans may provide you with the additional working capital you need to thrive, despite any roadblocks that might come your way. Let’s dive deeper into what you can expect from a commercial construction loan.  

6 Tips for Using a House-Flipping Business Loan

October 06, 2021
Flipping homes as part of a real estate investment business can allow you to make a lot of money in short amount of time, if you know the tricks of the trade.

How to Secure Construction Equipment Financing for Your Firm

September 23, 2021
Significant advancements in equipment have changed the nature of competition in the construction industry. Today’s reality is simple: without reliable, effective tools, contractors can’t compete.

Our Guide to Getting Approved for Contractor Business Loans

August 06, 2021
As a contractor, you enjoy a variety of benefits like a flexible schedule, good work-life balance, and excellent earning potential. Just like traditional small business owners, you may need funds to cover a variety of expenses like commercial vehicles, machinery, technology, marketing, and insurance. A contractor business loan can help you do just that.

Our Guide to Performance Bonds

March 17, 2021
If you’re in construction or real estate development, you’ve probably heard of performance bonds. Put simply, these financial instruments are used to ensure the performance of a contract. They’re common in real estate development and construction because, in many states, they’re required.

Construction Insurance: How to Select Your Business’s Plan

March 09, 2021
Regardless of if you’re a local general contractor or own a nationwide construction business, construction insurance is a necessity. It can help you protect important resources like materials, buildings, and equipment. It may also safeguard against theft, injuries, and other unexpected events.

How to Safely Run Your Construction Business Amidst COVID-19

August 04, 2020
Over the past few months, business owners in the construction industry have been forced to adapt to a new normal amidst the COVID-19 pandemic. Depending on the state your business resides in, you may be required to follow certain safety guidelines in order to operate.

How to Start A Construction Business

March 05, 2020
Construction businesses are some of the best startup companies for entrepreneurs. Despite this, they also have some of the highest failure rates. Over 60 percent of construction business endeavors shutter their doors within five years. Most of these stem from a lack of experience, financial issues, or planning malfunctions. However, your small business doesn’t need to be part of these statistics.

10 Tips For Commercial Real Estate Investing Businesses

January 27, 2020
The credit crisis of 2007-2008 scared off many investors. Due to the situation, these investors felt as though recovery would never occur. However, the market did recover and is currently booming. In fact, it may be the perfect time for getting started in real estate investing.