Financing, Insurance & Leasing

Adobe Stock 425241599
Your Balance Sheet: A Critical Financial Tool
The balance sheet is one of the most underutilized financial tools in business, and it shouldn’t be. It can provide valuable information about the health of your business, and also help you ensure the accuracy of your financial statements.
March 10, 2024
A story lender can fill the gap by providing equipment financing for businesses with unique circumstances, less-than-perfect credit or short-term cash constraints.
How Your Business Story Matters: Construction Equipment Financing from Story Lenders
March 4, 2024
Increased demand is great, but operators are now navigating the problem of not having enough people to complete projects on time.
Innovation in Construction Will Help Operators Meet the Challenges of 2024
February 18, 2024
As Billd scales its operations and extends its reach, the company is determined to curate a powerhouse team that will actively ensure that subcontractors have the financial tools they need to succeed.
Billd Adds to Leadership Team
February 24, 2024
These days, it’s even tough to know what to expect from sales, cost of sales, sales pricing, gross profit percentage, operating costs and operating margins.
What Your Construction Business Numbers Mean in 2024
February 14, 2024
Coast Card Pump
Coast Fuel Cards
February 8, 2024
Recommended
“I’ve been using Bobcat equipment for years on my farm in Waco, and I can’t imagine working without it. My Bobcat machines have empowered me to bring some of my biggest ideas to life,” said Gaines.
Bobcat Hires Magnolia Co-founder Gaines
From tending gardens to managing goats, pigs, and horses, Gaines is already sharing the work he is accomplishing with his Bobcat equipment.
March 11, 2024
For more than 25 years, Women in Construction Week has celebrated and promoted the role of women in the construction industry.
Women in Construction Week: The Women Behind the First Real-Life LEGO Building
About 10 percent of construction jobs are held by women. For more than 25 years, Women in Construction Week has celebrated and promoted the role of women in the construction industry.
March 6, 2024
Schaeffler is developing high-performance e-motors for commercial vehicles. Electrified drives will account for an increasingly large share of the powertrain mix in this segment in the future.
Schaeffler Announces Ohio E-vehicle Manufacturing Facility
Schaeffler recently completed an expansion in Wooster of almost 90,000 square feet to produce electric motors and components for electric powertrain systems.
March 2, 2024
Latest
The report provides five specific strategies for how businesses can adapt to these new construction labor dynamics.
Construction Labor Report Discusses Constricted Labor Pool
This report analyzes how the labor force has shifted since the pandemic and provides practical strategies for how organizations can adapt.
February 5, 2024
To help construction employers retain and recruit new talent, technology can play a critical role by offering safer working conditions.
Forward Bound: Reflecting on 2023's Construction Trends, Envisioning 2024
Technology can help provide you with the project reporting requirement to document progress on key performance metrics such as completion rates.
January 26, 2024
Cat Image
Selecting High Value Construction Equipment
March 14, 2024
View
Join two industry veterans from Caterpillar to uncover the equipment choices that deliver the biggest bang for your buck.
Everyone will likely pay more in taxes. How much more, and how prepared you are, is up to you.
Long-term Tax Planning for Your Construction Biz
Management needs to spend time with tax experts to understand what their tax position was for the past year, how it looks for the current year, and to see what is on the horizon for the following year.
January 15, 2024
Adobe Stock 634413471
How to Plan for 2024 & Beyond
Looking forward, contractors must improve productivity by accelerating revenues or speeding up the workflow.
December 25, 2023
To gain a competitive advantage ahead of legal battles, construction firms navigating these challenges can adopt technology to help streamline the process.
Utilizing eDiscovery in Construction Litigation
The complex landscape of construction-related litigation requires construction firms to think more strategically about how they approach legal matters.
December 18, 2023
The market for used equipment is vibrant, and a significant majority of transactions happen without lien-related complications.
Navigating Used Equipment Purchases: A Closer Look at Hidden Liens
While most used equipment purchases go off without issue, there is a circumstance that buyers should be aware of, and that’s whether the used equipment in question has a hidden lien on it.
December 7, 2023
ESOPs give the seller the ability to value the company independently based on free cashflow and not based on bids from competitors.
Why Construction Contractors Should Consider Selling to an ESOP
Garry Bartecki talked with ESOP expert Nathan Perkins about ESOPs, the state of the market, and what is impacting the market and decision-making.
November 29, 2023
Tcbf 2020 Logo Final No Season 6050dd1a42cad
The Contractor's Best Friend Podcast Season 7 Episode 13: Maximize the Trade-In Value of Your Equipment
Brad Humphrey and Caterpillar construction experts discuss how to get the maximum value for heavy equipment when doing a trade-in.
November 22, 2023
Advancements in ecommerce, inventory management, business intelligence, machine intelligence, and sales and financial forecasting are reshaping the LBM landscape.
Technology is Reshaping What it Means to Run a Lumber and Building Materials Business Successfully
Advancements in ecommerce, inventory management, business intelligence, machine intelligence, and sales and financial forecasting are reshaping the LBM landscape.
November 13, 2023
Audodesk CEO Andrew Anagnost kicks off Autodesk University 2023.
Autodesk Event Focuses on AI, Interoperability
At Autodesk University, the company announced artificial intelligence (AI) features across multiple construction software products—but the real story may be interoperability.
November 15, 2023
The ElectriFi Subscription comes with access to Mack’s suite of Uptime services, including telematics and Mack OneCall, Mack’s 24/7 roadside service and more.
Mack Trucks Launches ElectriFi Subscription for MD Electric Vehicles
The ElectriFi Subscription comes with access to Mack’s suite of Uptime services, including telematics and Mack OneCall, Mack’s 24/7 roadside service and more.
November 8, 2023
Connected Support 3 (1)
Equipment Inventories Are Improving. Now What?
How inventories affect your bottom line and how to mitigate the reduction of asset valuation.
November 7, 2023
Arcoro is launching its payroll solution to complement the company’s Core HR module, simplifying the payroll process even more for current and prospective customers.
Arcoro Reveals New Partnerships
Arcoro is adding HCSS and ABC Insurance Trust to its network and expanding its partnership with Aktion & Associates. Arcoro is also launching its payroll solution to complement the company’s Core HR module, simplifying the payroll process.
October 23, 2023
The core features of project financial management are well established and their value to construction projects undisputed.
Lean Construction Plus Project Financial Management Protects Profits
Construction businesses are high-risk endeavors working expensive projects with thin margins.
October 12, 2023
With the emergence of new construction technologies delivering comprehensive data to contractors, the future of risk management is bright.
How Insurance and Technology Work Together to Greatly Reduce Risk
October 18, 2023
View
In this session, you’ll learn why good safety programs encompass more than just worker safety, and how safe equipment operation and careful equipment management play a major role in improving safety and reducing risk.
Tenna
Driving vehicles and operating equipment comes with risk. And others on the road might not share the same commitment to safety as your business.
4 Ways to Protect Fleet Drivers on the Road
Safe driving is about protecting your employees and those on the road. When you make a commitment to hiring safe drivers, you help make the road a better place.
September 7, 2023
Adobe Stock 250222752 Ed Val
Is There a Lien on That Used Equipment You Are Buying?
Buying used equipment from the original owner makes everything easier, as the paper trail gets more challenging to complete with each previous owner.
August 28, 2023
Adobe Stock 147469420
Valuing & Selling for Larger Contractors
How companies with more than 25 employees should plan for the future.
August 29, 2023
Adobe Stock 5229830
Funding Gray Collar Payroll
This Digging Deeper podcast episode features HKA Enterprises explaining what an employer of record bringing a funded payroll can do for construction and contractor businesses.
August 14, 2023
Golf has a lot in common with construction. It is very much a game of skill, and risk versus reward. Here are some takeaways that contractors can learn from the game of golf.
Contractor Lessons from the Game of Golf
Golf has a lot in common with construction. It is very much a game of skill, and risk versus reward. Here are some takeaways that contractors can learn from the game of golf.
August 8, 2023
It’s important that when that moment comes, small business owners in any industry – but especially construction – put themselves in the best position possible to be able to receive the financing they need.
3 Ways Small Business Owners Can Improve Their Chances of Receiving a Loan
It’s important that when that moment comes, small business owners in any industry, but especially construction, put themselves in the best position possible to be able to receive the financing they need.
August 7, 2023
Once you’ve identified which risks create the most significant loss exposure, you’ll want to create a strategy to help manage those dangers.
Top 5 Unfunded Liabilities That Add Risk to Your Construction Business
No matter how you approach potential setbacks, it is crucial to develop a comprehensive risk management plan encompassing conventional insurance as well as alternative strategies for risk mitigation.
August 2, 2023
Adobe Stock 81225116
Time to Decide How to Grow Your Construction Business, Value
Using technology for your business improves the bottom line and decreases your time using pen and paper.
July 27, 2023
Off-highway electric vehicles are witnessing high adoption across various industries globally as governments aim to reduce carbon emissions and offer rebates and tax incentives to deploy these types of vehicles on construction sites.
Navigating the Shift to the Electrification of Construction Equipment
With sustainability at the forefront, manufacturers are providing electric options for contractors.
July 27, 2023
Payroll Funding To Provide Capital To Pay Construction Employees
What Is A Funded Payroll?
One of the largest expenses for any construction company is payroll. Among the benefits from an Employer of Record, let's go over what a funded payroll service is ... and what it can do.
July 25, 2023
New Mx Build Image Graphic Pr (002)
MX Build Launched at CFMA
With its Smart Pay feature, MX Build helps construction companies streamline payments and automate tedious work like lien waiver management.
July 10, 2023
The industry will be forced to consolidate to get maximum benefit from technology, and those that do adopt this technology will find themselves in a much better competitive position.
Improving Construction Profitability in a Tight Market
Industry expert Garry Bartecki talks about the role of technology in profitability and construction business success.
June 23, 2023
Executives from the equipment finance sector believe that business conditions will improve over the next quarter, CapEx leases and loans will increase, and they expect to have more access to capital to fund equipment acquisitions.
Equipment Finance Confidence Up in June
The Equipment Leasing & Finance Foundation released the June 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today.
June 22, 2023
Equipment costs are close to 20% of total construction costs.
The Agony of Idle Equipment on a Construction Jobsite
Poor controls cost you money two ways; loss of work and increase in costs.
May 25, 2023