14 03, 2019

Subcontractors & Specialty Trade Construction Financing

2019-04-15T19:30:53+00:00March 14th, 2019|Categories: Construction, Equipment Financing, Specialty Construction, Working Capital Loans|

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, [...]

30 05, 2018

Construction and Contractor Working Capital Loans

2018-09-19T04:03:25+00:00May 30th, 2018|Categories: Construction, Specialty Construction, 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. […]