Construction Finance
Learn from experts in accounting, bidding, estimating, financing, and contracts. Grow your business with a solid understanding of construction finance and cash flow.
Introduction to Construction Finance
Construction finance involves everything related to money management for construction businesses. Because construction is a complex, high-risk, project-based field, construction finance involves a wide range of skills and roles.
From estimating and bidding to contract formation and accounting systems, construction finance professionals are responsible for guiding a construction business toward growth.
Financial Management Basics
Learn the basics of accounting, cash flow, contracts, estimating, bidding, financing, and capital to develop a solid foundation for growing a construction business.
Introduction to Construction Accounting
Construction companies have to make difficult choices among many financial...
Types of Capital for Construction Businesses
Construction companies need capital to get off the ground, stay...
The 5 Key Types of Construction Contracts
There are five common types of construction contracts: lump sum...
A Contractor’s Guide to Working Capital: Managing & Measuring Liquidity
Effective evaluation and management of working capital is a critical...
Estimating & Bidding
Financial success begins with a solid foundation during the preconstruction phase of a project. Learn how to develop accurate cost estimates and use them to build a winning bid.
Construction Cost Estimating: A Step-By-Step Guide
Construction estimating is the process of calculating all of the...
What Is a Construction Material Takeoff?
In construction, a takeoff is the process that contractors use...
The Construction Bidding Process Explained
Understanding how the construction bidding process works can help your...
Bidding 101: Types of Tender in Construction
Owners and contractors alike rely on the bidding process to...
How to Manage Construction Mobilization Costs
Getting a construction project off the ground is an expensive...
6 Tips to Boost Contractor Profit and Reduce Overhead in Construction
The average net profit margin for construction businesses ranges from...
Bidding on Government Construction Contracts: A Contractor’s Guide
Winning a government construction contract can be lucrative for contractors....
Calculating Cost of Goods Sold for Construction Contractors
Cost of goods sold (COGS) makes up a substantial portion...
Contractor Financing
Contractor Financing: The Complete Guide
The financial success of a construction business depends largely on...
4 Tips to Negotiate a Higher Credit Limit With Your Building Material Supplier
Contractors trying to grow their businesses and take on larger...
How to Evaluate Financing Options for Contractors
Debt isn’t a bad thing when it is used strategically...
Business Loan Denied? What Contractors Can Do
If you’ve recently applied for and had your construction business...
Recent Articles
Successfully Navigating Construction Lien Waivers
Getting paid can be one of the greatest challenges in...
Positioning a Balance Sheet to Help Secure Surety Bonds
In construction finance, a balance sheet is a financial document...
Navigating Obstacles in Construction Cost Management
The financial stability of construction firms often hinges on their...
Construction Project Over Budget? Common Causes & Solutions
On construction projects, going over budget is an all-too-common scenario....
The Completed Contract Method of Accounting in Construction
Most construction companies earn revenue and pay job costs throughout...
Financial Audits in Construction: How to Prepare for & Manage an Audit
Financial audits are not something people look forward to facing...
Managing Direct Costs in Construction — and Their Impact on the Budget
Direct costs in construction are expenses directly linked to the...
Construction Income Statements: Understanding Financial Performance
In the construction industry, an income statement offers a snapshot...
Overbilling in Construction: Understanding Billing in Excess of Costs
The financial stability of construction firms often hinges on effectively...
Cost Breakdown Structure: Enhancing Financial Clarity in Construction
General contractors must closely monitor project costs across various categories,...
A Contractor’s Guide to AIA Billing
AIA billing is a standardized process for submitting payment applications...
Construction Budgeting: A Key to Successful Project Delivery
In construction, where every penny counts and the unexpected is...