Construction companies don’t fail because they lack work. They struggle because they wait too long to get paid. Between slow-pay clients, progress billing cycles, retainage, and pay-when-paid clauses, contractors often float labor, materials, and subcontractor costs for 30, 60, or even 90+ days. Construction invoice factoring solves this cash flow gap by turning approved invoices…
This page has outdated content. We’ve kept it for informational purposes only. Please refer to our blog for updated content. Reports of construction growth in April illustrate an industry that is creeping toward recovery. Firms in 29 states and the District of Columbia added construction jobs between March and April this year. However, employment levels…
This page has outdated content. We have kept it for informational purposes only. Please refer to our blog for updated content. Labor reports from August suggested an egress of workers from the construction industry, which now faces an ongoing labor shortage with the potential to cripple the industry. As a result, various organizations are examining…
This page has outdated content. We have kept it for informational purposes only. Please refer to our blog for updated content. Clean energy projects worldwide are rapidly creating new jobs in the construction industry. Reports from the Department of Energy and UC Berkeley last month indicate that developments in both wind and solar energy are…
This blog post contains outdated content. We’ve kept it for informational purposes only. Please refer to our updated blog for new content. Construction jobs are among the most dangerous professions in the U.S. However, according to the Bureau of Labor Statistics (BLS), that situation is improving. While many jobs in the construction realm have high rates…
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