Built with Billd Blog
Expert strategies, comprehensive guides, and industry insights for growth-focused commercial subcontractors.
What Happens When a GC, a Subcontractor and a Developer Get Candid: The Billd Roundtable
Many aspects of construction are well understood, prevalent and in need of improvement – but it’s rare to take a step back from high-pressure projects to discuss them honestly. When Billd launched their Roundtable series, they wanted to break down those communication barriers, inviting a GC, a subcontractor and a developer to get real about [...]
Navigating Good Debt vs Bad Debt: A Strategic Approach for Subcontractors
Imagine a successful business, thriving with growth and profitability. What comes to mind? Perhaps a strong leadership team, innovative products, or stable, increasing revenue. But what about debt? Contrary to popular belief, debt isn't always a sign of financial struggle. When used strategically, it can be a powerful tool for accelerating growth, optimizing cash flow, [...]
Billd Announces Allison Dancy as New Chief Marketing Officer
Austin, Texas – November 30th, 2023 – Billd, the leading provider of commercial financing solutions for subcontractors, is proud to announce Allison Dancy as its new Chief Marketing Officer. With an expansive career in marketing leadership, Allison brings deep experience in demand generation, brand management and product marketing to Billd. Prior to joining Billd, Allison served [...]
Choosing the Right Construction Accounting Software: A Guide for Subcontractors
Managing finances effectively is crucial for subcontractors in the construction industry. Accurate accounting helps track expenses and manage cash flow, while also playing a significant role in ensuring compliance and profitability. With the increasing complexity of construction projects, relying on robust accounting tools has become more important than ever. In this blog post, we'll dive [...]
Improve Your Closeout Process: Top Tech Solutions for Subcontractors
The subcontractor closeout process is a crucial step that marks the completion of a project in commercial construction. However, it can often be a complex and time-consuming phase, involving numerous documents, approvals, and last-minute tasks. For subcontractors, managing this process efficiently is key to submitting timely payments and maintaining strong relationships with general contractors. The [...]
3 Ways to Strengthen Your Procurement Process in Any Market
Procurement is a vital component of running a successful subcontracting business. When you’ve been around long enough, you know that strong vendor relationships can carry you through tough times and save you from lost productivity. And with supply chain issues and material price hikes, dialing in procurement is more important than ever. In the last [...]
5 Ways Every Commercial Subcontractor Should Be Using ChatGPT and the Prompts to Get You Started
Machines have always been a driving force of innovation in construction, but AI has ushered in an era all its own. ChatGPT is arguably the biggest name in AI right now, but we’re sure you’ve heard enough about it – now let’s get to the good stuff: how to use it. To give you a [...]
Billd Secures Patent for Project-Based Credit Evaluation Method
Austin, Texas – September 21st, 2023 – Billd, the leader in payments for commercial construction subcontractors, has successfully been issued a patent for their project-based credit evaluation method. This method determines credit offers for subcontractors by assessing the project on which the credit will be used. Billd was first to market by launching a suite [...]
A Detailed Guide to Commercial Construction Project Costs
Effective budgeting and estimating are vital for the success of any commercial construction project as they lay the foundation for financial stability and project efficiency. From the moment a project begins, managing costs involves more than just setting a budget; it requires a comprehensive understanding of the various expenses that contribute to the project’s overall [...]
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