Built with Billd Blog
Expert strategies, comprehensive guides, and industry insights for growth-focused commercial subcontractors.
Liens 101: A Comprehensive Guide to Construction Liens
Introduction In the construction industry, securing timely payment can be a significant challenge. Projects often involve various moving parts and levels of approvals, which makes it difficult for contractors, subcontractors, and suppliers to ensure they get paid for their work in a timely manner. This is where construction liens come in. Construction liens play an [...]
Avoiding Common Lien Mistakes: A Comprehensive Guide for Construction Professionals
In the construction industry, securing timely payments is a constant challenge. Liens are an essential tool for subcontractors to secure payment for their work. However, the lien process can come with pitfalls that may jeopardize your claim. Even small mistakes can lead to rejection or loss of lien rights. This guide highlights common errors in [...]
Construction Notices: What They Are, How They Improve Cash Flow, and Ways They Enhance Supplier Relationships
A Construction Notice has many names depending on the state where you are working. Some common names are preliminary notice, notice to file a lien claim, notice to owner, notice to contractor, and some slang names like preliens and prelims. They all reference a notice that is mailed or served to parties up the payment [...]
Billd Expands C-Suite to Further Growth and Innovation
Austin, Texas – February 6th, 2024: Billd, the leading provider of commercial financing solutions for subcontractors, is actively bolstering its executive leadership team in response to the company's rapid growth. As the construction industry faces increased demand for specialized financing tools, Billd has appointed Paul Williams as Chief Financial Officer and Allison Dancy as Chief [...]
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 [...]
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