Customer Success Stories

CitiGreen, a solar contractor specializing in commercial projects, was facing funding issues due to the need for large material purchases, which their bank lines of credit couldn't always support. By using Billd's integrated payment solution, they were able to bypass vendor credit checks and keep multiple projects on schedule, resolving their previous funding challenges.

J. Lorber partnered with Billd to eliminate credit risk, boost sales, and simplify financing, allowing customers to buy more while J. Lorber gets paid upfront. This partnership improved customer satisfaction and let J. Lorber focus on their core business.

Plumb-Tech struggled with business growth due to insufficient supplier terms and maxed-out credit lines. By partnering with Billd, they were able to strengthen their supplier relationships, comfortably take on larger projects, and double their revenue.

RDP Electric, a prominent electrical contractor in Alpharetta, GA, battled a variety of financial challenges that hindered their growth potential. Faced with payment cycles that reached as long as 90 days, they looked to factoring companies and even relied on personal collateral to cover operational costs while waiting for payment. After partnering with Billd in 2020, they found that material financing and Pay App Advance rapidly alleviated their financial strain, allowing RDP to purchase materials easily, forge stronger GC relationships, and secure larger projects without the burden of financ

For suppliers in the construction industry, offering credit to contractors seems like the silver bullet to selling more materials when your ideal customer is required to pay for materials long before they get paid for their work. Unfortunately, it comes with a slew of its own problems, as RE Supply realized firsthand. The industry-standard 30-day payment terms proved too short for their customers, but offering longer terms meant incurring more financial risk. “We already had some non-payers,” RE Supply explained, a scenario no supplier wants to encounter.

StruktureOne Group faced substantial lead times that required them to float the cost of materials long before a project started. They also dealt with inflexible supplier terms and credit limits, as well as volatile material prices. This made it difficult to manage and project cash flow. Billd worked with StruktureOne to create a custom financing solution that provided longer payment terms, made project lead times easier to manage, and allowed them to take on bigger projects with their best customers.