Use These Loans to Get Your Construction Project Across the Finish Line 👀 According to the Construction Management Association of America, 98% of construction projects go over budget. To put it another way, that’s 9 out of 10 projects, according to the International Journal of Innovation, Management and Technology. CV3 Financial Services dives into your financing options that can help get you back on track and over that finish line. https://lnkd.in/gJzY7eGv
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If your construction company is struggling to manage cashflow, you may not be properly utilizing your Cashflow Documents. As previous construction CFO Greg Gorman explains, cashflow documents are vital tools to forecast future project funds. “You can’t run a business without it …. especially in construction.” Read the blog here: https://hubs.ly/Q02BPjlq0
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Are you a service provider in construction? Get a grip on the essentials of construction finance! This on-demand course unveils critical financial aspects crucial for project success. Hone your expertise and better assist construction clients by taking this course on your own time! ➤ https://lnkd.in/efViTDin
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Great article from our patrons at FPM on how financial modelling can benefit construction businesses. Read below👇
How important is financial modelling for construction businesses? In the ever-changing and competitive landscape of the construction industry, it's vital for companies to use every tool at their disposal to stay ahead of the curve. But why is financial modelling so vital for the construction industry? The answer lies in its capability to forecast future performance, enhance long-term financial planning and analyse the impact of strategic decisions. In this article we delve into the benefits of financial modelling for construction businesses: https://lnkd.in/eFgTa5Yx Mark Spence Construction Employers Federation (CEF)
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🚧 Essential Tips for Construction Equipment Financing 🏗️ Looking to finance your construction equipment? Here are some key tips to help you get started: 1️⃣ Research your options: Explore different financing options available in the market and compare their terms, interest rates, and repayment plans. 2️⃣ Determine your budget: Assess your financial situation and determine how much you can comfortably allocate towards equipment financing. 3️⃣ Understand your needs: Identify the specific equipment required for your construction projects and ensure the financing aligns with your needs. 4️⃣ Check your credit: Maintain a good credit score as it can positively impact your financing options and terms. 5️⃣ Seek expert advice: Consult with professionals who specialize in construction equipment financing to get guidance and support throughout the process. Remember, proper financing can pave the way to success in the construction industry! 💪💼 #ConstructionEquipment #FinancingTips #ConstructionIndustry #BusinessSuccess https://hubs.la/Q02kfFkp0
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Discover the secrets of financing mega construction projects! Learn about diverse sources of capital for large-scale projects in our latest article. #ProjectFinance #ProjectFunding #ConstructionFinancing
Navigating Project Finance: Sources of Capital for Mega Construction Projects | DP FUNDING
dpfunding.co
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Building relationships in the Service, Construction and Engineering industries | Business Development at IFS
Transform your construction business with smart cash management🏦 The industry is growing, but did you know that effective preconstruction planning can significantly boost your profits? A study in The Journal of Construction Engineering and Management revealed a stark contrast: projects with robust preconstruction processes enjoyed average profit margins of 23%, while those with poor planning faced average margins of -3%. The key to success lies in integrating preconstruction planning with stringent project financial control and precise scheduling. This is where the #IFS platform shines, offering a comprehensive solution to elevate your bottom line. Don't let thin #margins define your business. 📞 31 6 27 47 96 40 📧 [email protected]
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Operating in the construction industry requires specialized knowledge and tailored solutions. The challenges faced by construction professionals in the civil construction and earth moving industry are unique and require expertise. This post will explore the various financing options available specifically designed for the construction industry, including equipment and asset financing solutions. By understanding and navigating these challenges, construction professionals can optimize their operations and achieve their goals. Stay tuned for an in-depth analysis of the construction industry's financing landscape. Don't forget to follow us for more industry insights and tailored financing solutions! #specialistcommercialfinancebroker #specialistequipmentleasing #specialistyellowgoodsfinance #truckfinancebroker #taxdebtfinance #taxdeb
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Unexpected costs in your construction/rehab project? Should've added an extra 20% to your budget as a safety net. Seasoned investors always do. If caught in this situation, you might need to find extra funds or consider selling before completion. #ConstructionCosts #InvestmentTips #RehabBudget #RealEstateAdvice
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Delays to #Construction Projects and How to Avoid Them When #developing for profit, time is money and getting development out of the ground quicker will often save considerable holding costs as well as reduce market risk. So why do so many #projects take so long to get off the ground? In our experience, we see these four reasons come up constantly and effectively managing them will put you in an excellent position to make your project a success. ➡Delays with Permits ➡Insufficient Capital ➡Low Valuations ➡Issues with Legal Documents ✨Learn how you combat these issues in the article below. https://lnkd.in/gcG3uUzf
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