Billd

“Billd is excited to partner with American Express on this collaborative effort to help eligible commercial contractors obtain material financing. Together, we can offer a financial solution that allows merchants to receive quick payments while providing commercial contractors with a working capital option that helps mitigate the unpredictable payment timelines in the construction industry.” - Christopher Doyle, CEO of Billd

Working with American Express further delivers on our goal of providing purpose-built, industry-specific solutions that allow contractors the financial freedom to focus on doing the best work of their lives. Billd is on a mission to change the $1.5 trillion industry status quo by creating solutions that ease the financial burden for contractors. https://lnkd.in/gacYRJfv

Slow payments. Joint check hurdles. Cash flow struggles. José Romero, founder of F&G Carpentry, faced it all. His team couldn’t afford delays—he had to meet payroll, purchase materials, and keep his projects moving forward. Instead of letting these challenges stall growth, Romero partnered with Billd to find a way to stabilize his cash flow. Since they began using material financing and Pay App Advance, F&G Carpentry has: ✅ Started delivering full turnkey carpentry solutions ✅ Strengthened their supplier relationships ✅ Established and retained a workforce committed to the company's success Romero feels so confident in F&G's ability to scale thanks to Billd that they've set their sights on a $100M revenue goal—and are on their way to achieving it. Learn more about F&G's succuess by heading to the link in the comments section.

“Our partnership with ATLAS SP Partners marks a significant milestone solving for supply chain finance in construction,” said Christopher Doyle, CEO of Billd. “This represents the first institutional capital ever deployed to solve the working capital problem in commercial construction. Having access to more efficient working capital solutions empowers subcontractors to do the best work of their lives, and Billd is proud to continue paving the way with new financial solutions designed for subcontractors.” 

Billd's partnership with ATLAS SP Partners is a historic milestone, marking the first and only time institutional capital has ever been deployed to solve the working capital challenges that Commercial Subcontractors face every single day. ✅ We took risks when others wouldn’t. ✅ We innovated when others held back. ✅ We stayed committed to Subcontractors when others would not. This achievement is a testament to the vision, relentlessness, and commitment of our team to build financial solutions that empower Subcontractors to do the best work of their lives. This partnership accelerates Billd's mission to drive innovation, lead the industry, and make a transformative impact on construction for decades to come. Others will build on what we have built, all for the benefit of efficient working capital for Subcontractors that build our country 🏗️ 🦺 🇺🇸. 🙏 A special thank you to the amazing deal team, Jack McSwain, CFA, Kevin Quinn, Rudi Minxha, Matt Brinker, Paul Williams, Jennifer Collings, Jon Placa, Marc Skapof, Elizabeth Glowacki, Stephen Pasta, Aryn Walker, and Stephen Ratliff. https://lnkd.in/gVkyS7BX

In construction, success isn’t just about landing the next big project—it’s about ensuring you have the working capital to execute it. Here’s the reality: ✅ Having a strong working capital strategy allows you to: -Take on larger, more profitable projects -Invest in opportunities that allow your business—and profits—to grow -Handle unexpected challenges with confidence ⛔ But managing your working capital poorly can leave you: -Scrambling to pay bills or meet payroll -Falling behind on critical material purchases -Over promising and under delivering on projects The key to striking a successful balance? Being proactive. When you take steps to acquire capital before you need it, you can: 1️⃣ Take advantage of opportunities that come your way 2️⃣ Protect your cash 3️⃣ Negotiate better terms with lenders 4️⃣ Build financial resilience to weather the lean times Proactive working capital management isn’t just about solving today’s challenges. It’s about setting yourself up for long-term success by developing an action plan now that will pay off in the future. To learn more about proactively acquiring working capital, check out the link in the comments section.

Different forms of capital aren't free. Everyone knows that. But do you know how to determine what your working capital options truly cost you? Subcontractors should review these factors when calculating the true cost of capital: 📅 Days Sales Outstanding (DSO): Know how many days you’re fronting costs while waiting for payment. Calculate this metric for each GC. 💰 Financing Costs: When you don’t add financing charges into your bid, they eat into your bottom line. 💸 Opportunity Cost of Cash: Using your cash may seem like a free option, but it comes with a cost. You have to consider lost opportunities in investments, hires, equipment, and more. Think of it this way -> if you could cycle cash through your business twice as fast, how many more projects could you take on? Understanding these factors can help you optimize your capital deployment and protect your bottom line. For more information on how to account for the cost of capital to boost your profits, catch our July Subcontractor Meetup, available on demand at the link in the comments.

We’re excited to announce that Billd has been named one of The Financial Technology Report's Top 100 Financial Technology Companies of 2024! 🚀 Financial technology is reshaping industries across the board, and we’re proud to be at the forefront of innovation for the construction sector. 💪 This recognition reflects our commitment to delivering solutions that empower subcontractors to tackle their toughest financial challenges. We're proud of the relentless work our team does to create a real impact on how subs manage their businesses. Thank you to The Financial Technology Report for honoring the work Billd does to empower subs to thrive in a competitive industry. Check out the full list of recipients and learn more about the strides Billd is making in construction finance at the link in the comments.

🚀 Billd is growing and we are hiring a Sales Enablement Manager to drive our team's growth as we continue to innovate and bring financial solutions to commercial subcontractors. You will partner closely with marketing, sales, and HR across a variety of learning and development initiatives to build and deliver training programs, coach sales professionals, and support team development. Are you a sales enablement pro passionate about making a great team even better? Have a look below for more details! #salesenablement #constructionfinance #commercialconstruction https://lnkd.in/g3BXVFsS

Missed our latest Meetup? Don't worry—we’ve got you covered. Now you can learn how to account for the cost of working capital on your schedule. In this on-demand workshop, construction consultant and fractional CFO Josh Luebker breaks down how to calculate the cost of using different types of capital. Plus, he’ll show you how to decide the best working capital options for your projects. Understanding the true cost of your capital and building it into your bids isn’t just smart—it’s critical for your business's health. Knowing and accounting for the cost of capital keeps your projects profitable and your business competitive. Don’t miss out on this session to learn how to protect your profits. Watch the Meetup now by visiting the link in the comments.