Built with Billd Blog
Expert strategies, comprehensive guides, and industry insights for growth-focused commercial subcontractors.
3 Wildly Successful Companies Using Debt to their Advantage (So Why Aren’t You?)
When you think about the features of a successful business, what comes to mind? Impassioned CEOs? Sky high sales? A robust bank account? Whatever you conjured up, we’re willing to bet “debt” wasn’t the first feature on the list. There’s a pervasive myth that only poorly managed companies take on debt. Few notions need to [...]
Billd Closes $100 Million Debt Facility To Fuel Commercial Subcontractor Business Growth
AUSTIN, Texas, Nov. 1, 2022 – Billd, the leading provider of financial solutions for commercial subcontractors, announced today that it has closed on a $100M debt facility, led by LL Funds LLC, to support the increased demand of its Material Financing and Pay App Advance products, both of which uniquely combat common working capital challenges [...]
3 Key Factors to Consider When Crafting a Winning Construction Bid
By: Larry Bernstein Creating a construction bid should be simple. Arrive at a number that accommodates your profit margin and business goals. When the project comes in, plug in the numbers, and voila, you have your bid. If only, right? Countless factors influence a construction bid. Beyond that, there are different factors a subcontractor can [...]
The Subcontractor's Guide to Beating the Construction Labor Shortage
The words “labor” and “shortage” are inescapable in the construction industry lately. In 2021, the Associated Builders and Contractors Organization reported an additional 430,000 jobs needed to be filled to meet labor demands. This year, that number hiked up to… wait for it… 650,000. With a figure that can’t seem to stop growing, workers’ [...]
How the Billd Team Supports You Every Step of the Way
If there’s one thing that characterizes Billd, it’s exceptional customer support. From the moment you enroll, Billd is by your side, maintaining a solid flow of communication. We work tirelessly behind the scenes to support you — even when you don’t know it. At no point in your Billd journey are you left alone [...]
Types of Light Switches: A Comprehensive Guide
Light switches are one of the most common items you will install as a commercial electrical subcontractor. They come in various types, but they all serve the same purpose: to turn something on or off. And what they turn on or off can be anything from a light to a fan to an industrial [...]
What is an Electrical Room?
An electrical room is an integral part of a commercial or industrial facility. It plays a vital role in the electrical system's safe operations and power distribution throughout the building. Because of the delicate nature of the electrical equipment and wiring, electrical rooms must be designed and built to meet specific requirements. These include load [...]
Billd Expands C-Suite with New Chief Risk Officer
Billd Appoints Burak Gunes, Former Capital One Executive, as Chief Risk Officer Billd, the leader in commercial financing for construction subcontractors, announces the expansion of their C-suite with a new Chief Risk Officer, Burak Gunes. Gunes joins Billd after two decades serving in various leadership positions at a number of well established financial institutions and [...]
Concrete Defects to Look Out For, and How to Repair Them
Concrete is widely used as a building material in commercial construction because of its exceptional durability and strength. However, several issues can affect it, from exposure to severe conditions to poor construction practices. These factors can cause concrete to deteriorate, leading to defects on the surface or subsurface. As a subcontractor, you should always be [...]
The Billder's Bulletin
Construction finance intelligence, delivered monthly.
Join thousands of construction executives getting the Billder's Bulletin.