The construction industry lost a staggering $273 billion in 2023 due to slow payments, with 76% of subcontractors paid via paper checks. At PayNation, we’re here to modernize how payments are made with secure, fast, and reliable digital payment solutions that improve cash flow and reduce inefficiencies. Let us help you build a smarter, more profitable future. #PayNation #ConstructionPayments #DigitalTransformation #Digitalpayment2025 #b2bpayments
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eInvoicing in New Zealand’s construction sector offers significant benefits, especially for subcontractors who often face long payment delays. By fostering timely payments, it strengthens relationships with suppliers, allowing for better terms and timely project completion. Adoption of eInvoicing can also help companies secure government contracts through compliance, driving innovation and competitiveness within the sector. Read more via https://lnkd.in/gnBRdJg2 to learn more on how eInvoicing supports the construction sector. #Link4 #eInvoicing #ConstructionSector #DigitalTransformation #Compliance #FutureReady #Fintech #NewZealand
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Equipment Financing: 👍 Own the equipment 👍 Tax benefits 👎 Higher monthly payments Equipment Leasing: 👍 Lower monthly payments 👍 Easier upgrades 👎 No ownership Learn more about our funding options at ExpressBizCapital.com. #BusinessGrowth #EquipmentFinancing #SmallBusiness #equipmentfinancing, #equipmentleasing, #equipmentloans, #workingcapital, #smallbusiness #businesslending #0%interest #0%intereststrategy
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Equipment Financing: 👍 Own the equipment 👍 Tax benefits 👎 Higher monthly payments Equipment Leasing: 👍 Lower monthly payments 👍 Easier upgrades 👎 No ownership Learn more about our funding options at ExpressBizCapital.com. #BusinessGrowth #EquipmentFinancing #SmallBusiness #equipmentfinancing, #equipmentleasing, #equipmentloans, #workingcapital, #smallbusiness #businesslending #0%interest #0%intereststrategy
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Here’s the deal: once a draw is approved, the real work begins—moving the money. 💸 Payments need to go to contractors, subs, and material suppliers quickly and accurately. The good news? The banking world is stepping up in a big way. New tech is making the payment process faster than ever, and we’re here for it. Because when money moves seamlessly, so does your project. Want to see how these changes can streamline your renovation? DM me. Let’s make your payments (and your project) stress-free. #ConstructionFunding #PaymentSolutions #ContractorLife #ProjectManagement #LaMesa #LMFCE
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Constrafor secures $264 million to reshape construction finance #Constrafor, a #fintech innovator in construction finance, has successfully raised $264 million in a Series A funding round. This includes $14 million in equity investment led by NFX and a $250 million credit facility backed by Wafra and Crestline Investors, Inc.. Founded by CEO Anwar Ghauche and CTO Douglas Reed, Constrafor is revolutionizing the construction industry with digital tools designed to tackle critical challenges such as tight margins, cash flow constraints, and labor shortages. Headquartered in New York, Constrafor’s platform transforms the financial relationship between subcontractors and general contractors by simplifying procurement, invoicing, and #payments. At its core is the Early Pay Program (EPP), which accelerates payments for subcontractors, easing cash flow challenges. The company is also preparing to launch its Subcontractor CFO Suite, offering advanced tools for project-based accounting and supplier management. With this significant funding, Constrafor is scaling its AI-driven solutions to streamline operations and foster growth for contractors. The investment underscores the urgent demand for innovative financial systems in the construction sector, positioning Constrafor to expand its impact and reshape the industry's financial infrastructure for greater sustainability and profitability. The article on FinTech Global in the first comment.
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Having the funds needed to maintain and grow operations is vital for a successful business. At Benchmark Factors, we help turn unpaid quality invoices into usable funds for payroll, equipment, and other business expenses. No long-term commitments, monthly minimums or time in business requirements. It's easy to get started, give us a call today to learn more! Phone: (469) 387-4531 Email: Darren@BenchmarkFactors.com Web: www.BenchmarkFactors.com MAKE YOUR BUSINESS LAST, GET YOUR CASH FAST WITH BENCHMARK FACTORS! #commercialfinance #smallbiz #smallbusinessbigdreams #hdddrilling #horizontaldirectionaldrilling #fiberoptics #telecommunications #smallbiz #accountsreceivable #utilityconstruction #contractor #subcontractors #b2b #b2bmarketing #utilityconstruction #cashflow #cashflowmanagement #undergrounddrilling #commercialconstruction #fibersplicing #fibersplicer #businessowner #commercialcleaning #landscaping #pestcontrol #businessowner #CashFlowSolutions
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🏗️ Did you know that many construction businesses are turning to Trade Finance to solve their cash gap problems? 💡 Cash flow challenges are common in the construction industry, especially when waiting to be paid for completed work. The smartest operators are leveraging Trade Finance to extend their supplier terms. This gives them more breathing room and the ability to keep their projects moving without financial strain. Here’s how it works: 🔹 𝐄𝐱𝐭𝐞𝐧𝐝𝐞𝐝 𝐒𝐮𝐩𝐩𝐥𝐢𝐞𝐫 𝐓𝐞𝐫𝐦𝐬: Instead of paying suppliers in 30 days, Trade Finance allows you to stretch that to 90 days. 🔹 𝐂𝐚𝐬𝐡 𝐅𝐥𝐨𝐰 𝐑𝐞𝐥𝐢𝐞𝐟: This extra time helps you manage your cash flow better, especially when waiting for client payments . 🔹 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐆𝐫𝐨𝐰𝐭𝐡: With less financial pressure, you can focus on scaling your operations and taking on more projects. The best in the business are already using this strategy to grow. Are you? Let’s talk about how Trade Finance can support your construction business.👇 If you’d like to know more about Trade Finance in the construction industry, talk to Martin Cattach from Finance for Business. He specializes in helping construction businesses with funding to solve cash flow issues so they can concentrate on delivering profitable projects. #TradeFinance #ConstructionIndustry #CashFlow #BusinessGrowth #WorkingCapital #FinanceForBusiness #CashGapSolution #AustralianConstruction #SupplierTerms #FinancialStrategy #smallbusiness #businessownership #ILOVEWHATIDO
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Why Invoice Factoring? - No up-front costs or long-term contracts. - Easy to get started with an application and basic business documents. - Decisions in 1-2 business days in most cases. - You're in the driver's seat choosing which invoices to factor. If your commercial clients pay well but have longer pay terms, let's talk!
Growing infrastructures require hard working businesses to get the job done right. These jobs can put a strain on cash flow while waiting on net pay terms from your customers. Benchmark Factors could have the solution. Turn your unpaid quality invoices into fast cash to cover payroll, equipment, or any expense to maintain and grow your business. It's easy to get started, give us a call today to learn more. Phone: (469) 387-4531 Email: Darren@BenchmarkFactors.com Web: www.BenchmarkFactors.com MAKE YOUR BUSINESS LAST, GET YOUR CASH FAST WITH BENCHMARK FACTORS! #commercialfinance #smallbiz #smallbusinessbigdreams #hdd #horizontaldirectionaldrilling #fiberoptic #telecommunications #smallbiz #accountsreceivable #constructionindustry #constructionlife #contractor #subcontractor #b2b #b2bmarketing #utilityconstruction #cashflow #cashflowmanagement #undergrounddrilling #commercialconstruction #fibersplicing #businessowner #turf #commercialcleaning #landscaping #pestcontrol #businessowner #CashFlowSolution
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Learn how invoice financing could be the key to preventing business failure in Australia by addressing cash flow problems and supporting growth. Learn more about invoice financing: https://hubs.li/Q02ShrRg0 #InvoiceFinance | #CashFlow
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Growing infrastructures require hard working businesses to get the job done right. These jobs can put a strain on cash flow while waiting on net pay terms from your customers. Benchmark Factors could have the solution. Turn your unpaid quality invoices into fast cash to cover payroll, equipment, or any expense to maintain and grow your business. It's easy to get started, give us a call today to learn more. Phone: (469) 387-4531 Email: Darren@BenchmarkFactors.com Web: www.BenchmarkFactors.com MAKE YOUR BUSINESS LAST, GET YOUR CASH FAST WITH BENCHMARK FACTORS! #commercialfinance #smallbiz #smallbusinessbigdreams #hdd #horizontaldirectionaldrilling #fiberoptic #telecommunications #smallbiz #accountsreceivable #constructionindustry #constructionlife #contractor #subcontractor #b2b #b2bmarketing #utilityconstruction #cashflow #cashflowmanagement #undergrounddrilling #commercialconstruction #fibersplicing #businessowner #turf #commercialcleaning #landscaping #pestcontrol #businessowner #CashFlowSolution
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