construction

New Exoskeleton Gives Construction Workers Superhuman Strength

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 comic, this latest advancement in construction technology will be used to easily lift materials far beyond the limits of human strength, as well as improve workerRead More

5 Fastest Ways to Lower Commercial Truck Insurance Rates

Despite what most insurance companies show you upfront on their websites, the truth is, the actual costs of commercial truck insurance rates are often hidden from view. There’s a million variables that affect interest rates for commercial trucks and equipment. Luckily, there’s also a ton of things you can do right now to lower interestRead More

8 Exciting Trends in Construction to Prepare for in 2019

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 the rising demand contractors are facing across the US! 8 Exciting Trends in Construction to Prepare for in 2019 Rising DemandRead More

Top 5 Ways Contractors Keep Busy During the Winter

For most construction businesses, the beginning of the winter marks the end of their working season – especially for those in the colder northern regions. While some make enough profit during the busy construction months to outlast the winter, the majority of contractors need to keep busy in order to keep their cash flow fromRead More

Tonya Uses Construction Empowerment Loans™ to Build Success

“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’ve been seeking funds to get the equipment and workers needed to take on bigger projects for years, but lenders have never taken my plans for growth as seriouslyRead More

The Ultimate Price Guide to Backhoe Financing

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 deeper to help you decide whether purchasing or renting a new or used excavator be the most cost-effective method of financing forRead More

Commercial Construction Loans for Bad Credit Borrowers

With the construction industry predicted to face a giant surge in business during the 2018 spring and summer months, it’s no wonder why increasing numbers of contractors across the country are seeking commercial construction loans. However, traditional lenders have made it notoriously difficult to obtain construction financing for those with bad credit. Banks in particular haveRead More

Drones in Construction: Are They Worth It?

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 construction companies who use drones are saving an enormous amount of time and money, and completing more projects faster as a result. But is theRead More

Emergency Financing for Construction Companies

In every business contingencies occur. That is when working capital reserves are drawn upon to cover unexpected expenses. The amount of cash flow that is set aside for these emergencies may not always be sufficient to cover the requirement for additional working capital.

How to Use Construction Financing for Large Projects

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 construction project, especially those that are large in scale, can proceed without adequate financing. The construction firm that oversees the project throughout its building cycle will haveRead More

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