Specialty Construction

19 01, 2024

Business Loans for Residential Construction Companies

2024-01-19T05:24:07+00:00

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
18 11, 2022

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

2022-11-18T17:23:43+00:00

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
14 03, 2019

Subcontractors & Specialty Trade Construction Financing

2019-04-15T19:30:53+00:00

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
30 05, 2018

Construction and Contractor Working Capital Loans

2021-01-08T07:51:13+00:00

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
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