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How To Finance a Business: Short-Term vs. Long-Term

Construction Marketing

If your business is looking for a blend of flexible short-term financing options, it’s worth exploring resources like Credibly’s official website , which provides various business financing solutions tailored to various needs. It’s also designed for quick access to capital and often involves smaller amounts than long-term financing options.

Finance 299
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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

The contractor’s focus should be on the impact the lease standard will have on the company, specifically bank and surety considerations, and the specific attributes such as embedded leases, related party leases, consolidation (when there is a variable interest entity), and how to apply the standard to these situations. Accounting & Finance.

Leases 177
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Construction Bad Debt What To Do About It

Contractor Bookkeeping

All construction contractors have experienced the financial pain of bad debt which is defined as a customer who refuses to pay no matter what you do. Oddly enough most of them paid the debt years later and all of them were very appreciative that we treated them with courtesy and respect. Knowing The Answers Helps.

Debt 51
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Types of Capital for Construction Businesses

Levelset

Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. For most businesses, working capital will be front of mind, but debt capital and equity capital serve important purposes as well. Debt capital. 3 types of capital for construction. Working capital.

Debt 97
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Phases of Commercial Real Estate Development

Construction Marketing

Developers must understand the various financing options, such as traditional bank loans, private equity, and government programs. The developer may also be responsible for arranging to finance the project, which can consist of a combination of equity and debt. You must secure financing for the project.

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Construction Project Financing Regulations: Key Considerations

Building Radar

Key Types of Financing Debt Financing : Involves borrowing funds through loans or bonds, which must be repaid over time. Debt financing is often secured by the assets of the project. Diversifying funding sources—such as combining debt, equity, and government grants—can provide greater financial stability and flexibility.

Finance 52
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Construction Bookkeeping Unique Features

Contractor Bookkeeping

Bank Balance - Un-cleared Checks) = Cash. Think of it like shooting a movie on location without all the glamor, resources and money to go with it. Bank Account - Escrow Deposits. Bank Account - Operating. Bank Account - Job Deposits. Bank Account - Payroll. Bank Account - Operating. Cash On Hand.