19 01, 2024

Business Loans for Residential Construction Companies


According to a report focused on California’s economic growth in 2024, the state’s housing market is expected to rebound from 2023’s sharp construction slump, especially in the second half of the year, as lower mortgage rates and limited supply spur residential construction. Single-family construction is expected to lead residential construction; multi-family housing starts are expected [...]

Business Loans for Residential Construction Companies2024-01-19T05:24:07+00:00
28 08, 2023

What Contractors Do When Their Loan is Denied


As a contractor, you are aware there may be times when you need an infusion of cash for any number of reasons. Maybe your business is cyclical so you need a little boost during down times. Maybe a new opportunity has come up and you need to beef up your team, equipment or both to [...]

What Contractors Do When Their Loan is Denied2023-08-28T22:19:23+00:00
20 07, 2023

Business Loans for Construction Businesses


The Dodge Construction Network mid-year outlook projects an increase of 2% in total construction starts this year and another 6% in 2024 despite the fact that the industry will continue to suffer from a skilled labor shortage. The healthcare and education sectors will lead the way, with the office and warehouse sectors not faring as [...]

Business Loans for Construction Businesses2023-07-20T17:35:45+00:00
10 03, 2023

Business Lines of Credit for Construction Companies


The ongoing potential for a recession as well as the realities of inflation, labor shortages and supply chain issues have cast a bit of a pall over the construction industry in 2023. The outlook calls for construction starts to remain flat through the end of the year, a significant departure from 2022, which saw them [...]

Business Lines of Credit for Construction Companies2023-03-10T16:19:33+00:00
18 11, 2022

How to Get a Business Line of Credit for Your Construction Company


According to the Dodge Construction Outlook, overall construction starts are expected to be flat in 2023 after an increase of 17% this year. That means competition for projects is likely to be robust—with companies able to show they are best positioned to do the work winning out over less-prepared companies.   If you are the [...]

How to Get a Business Line of Credit for Your Construction Company2022-11-18T17:23:43+00:00
18 05, 2022

Construction Company Loans


Despite the challenges caused by labour shortages and supply chain disruptions, the construction industry is poised for strong growth for the rest of this year and into 2023. This optimism is driven by the strong performance of the residential segment and anticipated growth in the non-residential segment due to the $1 Trillion Infrastructure Investment and [...]

Construction Company Loans2022-05-25T12:05:40+00:00
11 05, 2022

Construction Equipment Financing For Businesses


Despite the global supply chain challenges faced by construction companies—including rising raw material prices, shortages of building materials and lack of skilled labour—, the world’s leading source for international market research reports, believes things are looking up for the industry. It’s forecast to grow by 8.8% and reach $1.3 trillion this year, and continue growing [...]

Construction Equipment Financing For Businesses2022-05-25T08:30:51+00:00
21 08, 2021

How Business Construction Loans Work


The old saying you need to spend money to make money is certainly appropriate when you consider expanding or renovating your property or perhaps even constructing something new from the ground up. Of course, you may not have the money you need to pay for such improvements just laying around — so you need to [...]

How Business Construction Loans Work2021-08-21T03:24:09+00:00
16 06, 2019

Using Section 179 for Tax Deductions


At first blush, you may wonder why a company focused on alternative lending has chosen to highlight a specific tax deduction this month — but it will become very clear as you continue to read. Information like this demonstrates the fact that Clear Skies Capital (CSC) does more than just support businesses with funding, but [...]

Using Section 179 for Tax Deductions2019-06-16T00:41:19+00:00
14 03, 2019

Subcontractors & Specialty Trade Construction Financing


While the construction industry as a whole seems to be booming, subcontractors and specialty trades face some unique challenges, including being asked to meet requirements imposed by larger prime contractors that may be unfavorable to them, such as time constraints, payment terms, and contract provisions. On top of that, the skilled labor pool is aging, [...]

Subcontractors & Specialty Trade Construction Financing2019-04-15T19:30:53+00:00
22 01, 2019

Alternative Construction Financing


The U.S. construction industry had a banner year in 2018, and experts believe the boom is far from over. The Bureau of Labor Statistics and a report from Timetric’s Construction Intelligence Center forecast construction as one of the fastest growing industries into 2020, with real output reaching almost $1.2 trillion by then. Why? One of [...]

Alternative Construction Financing2019-04-15T19:29:21+00:00
30 05, 2018

Construction and Contractor Working Capital Loans


According to the Construction Intelligence Center (CIC), the pace of expansion in the global construction industry will average 3.7 percent annually from 2018 to 2022. In real value terms, global construction output is forecast to rise to $12.4 trillion in 2022, from $10.4 trillion in 2017. In the U.S., those who seek to map out [...]

Construction and Contractor Working Capital Loans2021-01-08T07:51:13+00:00
Go to Top