3 min read. March, 14th. 2022 – by Lauren Coppolone If you were waiting for the housing market to cool off before buying a new home this year, you’ll likely have to wait a...
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3 min read. October 13, 2021 – by Jacinta Sherris Low mortgage rates coupled with a wave of city dwellers looking for more space to work from home pushed the housing market towards an extraordi...
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2 min read. September 21, 2021 – by Joe Camberato Travel numbers have increased from a year earlier, but many U.S. companies are cautious about returning to business travel. That was one of the key...
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A construction business plan is an important document that showcases your company’s objectives and your strategies for growth. Whether your construction business is a startup or a more established e...
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While the economy recovers from a global pandemic and recession, lumber prices in 2021 are skyrocketing. Earlier in March, lumber prices in 2021 reached record high levels of $1,040 per thousand board...
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9 min read. March 18, 2022. – by Joe Camberato Whether you need additional space, a new location, or simply want to stop paying rent and start paying toward an asset, commercial real estate loans ca...
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This blog post was last updated on January 20, 2021 to include new information about steel availability following recent lockdowns in China. Between the global pandemic and an economic recession, 2020...
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In construction, your top priority is to land profitable new projects while ensuring timely progress on existing ones. But in the construction industry, it’s common for general contractors to receiv...
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5 min read. Updated on April 7, 2022 Regardless of your industry, chances are that you rely on some type of equipment to help customers and clients. From cutting-edge technology to industrial equipmen...
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Summertime is rush time for your HVAC business! Before you know it, you’ll be running all over town handling all sorts of projects. From routine maintenance like cleaning dirty filters and coils, to...
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You’ve probably heard the classic story about small business failure rates. Business can be moving along well one moment, and an epic business disaster could happen to anyone out of nowhere. W...
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Scaling your HVAC business the right way is all about taking advantage of every seasonal opportunity. Keeping your business moving throughout the year means: planning strategically, managing your cash...
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Whether you like to admit it or not, the weather can have a significant effect on your bottom line in the construction industry. Construction business loans can play an important role in helping your ...
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If you’re facing cash flow issues in your construction company, you’re not alone. A 2018 survey showed 84% of construction firms struggle with cash flow, and 19% cite it as a “constant” concer...
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A consistent flow of work is the key to keeping your construction company going. But you can’t take on new jobs if you don’t have the finances available to get started, or cash flow issues delay e...
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New trends in construction technology are changing the way contractors approach building projects. According to industry predictions, the majority of building and construction processes will rely on a...
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Spring and summer are the busiest seasons for construction projects, and your company will likely need to take on more employees to handle the workload. It can be a challenge to find skilled, dedicate...
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Spring means a big jump in construction jobs as businesses and individuals look for experienced contractors to bring to life the projects they’ve been planning throughout the winter. How can you mak...
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Later this year, Sarcos Robotics will release the Guardian XO: an exoskeleton robot suit designed to give construction workers superhuman strength. Not unlike something from the pages of an Iron Man...
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The construction industry is growing and evolving at breakneck speeds. Learn how to adapt to exciting trends in construction before 2019 to get a leg up on the competition, and take full advantage of ...
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“There’s been a real problem for women entrepreneurs who need financing in the US for some time now,” says Tonya Mullins, a general contractor in Massachusetts. “Personally, I...
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When it comes to construction financing, speed and efficiency is everything. That’s why for a limited time, we’re offering construction loans with an expedited funding process that only ta...
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Do you need a new backhoe or backhoe loader, but don’t know where to start? Check out this pricing guide for renting vs. purchasing backhoes categorized by size and type. Then, we’ll dig d...
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In short, financing for builders can be a nightmare. The good news is, it doesn’t have to be. Actually, it can be really freakin’ easy. Here’s four loan programs that are specifical...
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With the construction industry predicted to face a giant surge in business during the spring and summer months, it's no wonder why increasing numbers of contractors across the country are seeking com...
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The use of drones in construction is on the rise, due new software made specifically to help construction companies and contractors complete projects faster, and with greater accuracy. Contractors and...
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8 min read. April 14, 2022 – by Joe Camberato Commercial vehicle loans, also known as commercial auto loans, are a financing solution that allow you to buy the vehicles you need to run your business...
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While businesses in many sectors experience ebbs and flows, in the contracting world it’s a foregone conclusion that boom times will be followed by some belt-tightening. In fact, a substantial drop ...
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Few who pass a construction site may consider how the numerous individuals working on a high rise or even a suburban tract development have come together to work seamlessly as a team for the duration ...
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While many industries expect their top management to acquire higher education and advanced degrees as they move up the corporate ladder, managers in the construction industry are beginning to take a d...
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New construction starts will begin as soon as ground can be broken this Spring. The slower cold weather months allow construction company owners to make necessary repairs and to budget for the more ac...
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Despite an increase in housing starts for 2016, traditional financing for these construction projects may be difficult to obtain. Banks have tightened their lending practices and have also extended th...
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National’s Construction Infographic Shows Projections for Industry Growth in 2016 Since the 2008 economic downturn, growth in many industrial sectors has been flat or slow at best. In many secto...
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When seeking construction financing for such a large capital investment, the objective is to borrow sufficient financing to bridge the time between making payments and obtaining revenues. No construct...
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