Billd

“Billd is excited to partner with American Express on this collaborative effort to help eligible commercial contractors obtain material financing,” said?Christopher Doyle, CEO of Billd. “Together, we can offer a financial solution that allows merchants to receive quick payments while providing commercial contractors with a working capital option that helps mitigate the unpredictable payment timelines in the construction industry.”

?? Price volatility for materials on nationwide projects. ?? Constantly fronting material payments 12 to 16 weeks before they arrived onsite. ?? Inflexible supplier terms. Sound familiar??This was the reality StruktureOne founders Michael Herndon and Jarred Craddock faced every day. The steel subcontractor always had their cash tied up in material payments, making it difficult for them to confidently take on larger projects. That was before an industry peer connected them with Billd, who provided a financial solution that was better aligned with StruktureOne's timelines. “It made our lives a lot easier. We were able to better manage?cash flow on certain jobs.” By using Billd, StruktureOne gained the financial flexibility to confidently bid on larger projects, empowering them to build relationships with new GCs. "Having Billd in our corner made us more bullish on chasing projects.” To learn more about StruktureOne and other ways Billd has created solutions for our customers, visit the link in the comments section.

Growth-minded subcontractors may be tempted to say?"yes" to every project. But taking on too many projects without the ability to support them—both operationally and financially—puts companies out of business every year. So how can you scale strategically, without stretching your team too thin, taking on bad projects, or letting cash flow challenges slow you down? Join us live on March 24 for a virtual event where industry veterans Jerry Aliberti and Josh Luebker?break down the 5 unhealthy growth patterns subcontractors should avoid—and what they should do instead. Space is limited so register now at the link in the comments to save your spot.

We've made some renovations to our Billder's Boardroom, and we think you're going to love it ?? We reorganized our toolkits and added new resources to help subcontracting executives do the best work of their lives. The Billder's Boardroom is full of information to help you: ??? Take on new projects ?? Boost profitability ?? Harness the power of working capital ??? Recruit, retain, and improve labor ?? Use business best practices Your blueprint for success in 2025 and beyond is here. Check out the link in the comments section to learn more.

Each quarter, our Women's ERG hosts a breakfast to allow the Women of Billd time to connect, network, and socialize. The Women of Billd held a Mardi Gras-themed breakfast this morning complete with beignets, king cake, and even homemade mini crawfish pies ?? Interested in joining our krewe? Check out the exciting opportunities available at Billd by visiting the link in the comments.

Billd's next Subcontractor Meetup is coming on Monday, March 24th at 12pm CT! Join us as Josh Luebker and Jerry Aliberti discuss the 5 unhealthy growth practices that can hurt your business - and share how you can overcome them and grow sustainably. Register here: https://lnkd.in/gabq_bxT

Thank you to our friends at Billd for volunteering at yesterday's Texas Capitol Build 2025 during the 89th session of the Texas Legislature! BILLD staff worked alongside Dallas Habitat, Austin Habitat for Humanity and 100 volunteers from all over the state to help build the walls of Lisa Crawford's home, currently under construction in Brenham, TX. Thanks to these volunteers, Lisa and her two children will soon have a home of their own. And another big shout out to BILLD for hosting Dallas and Austin Habitat for a fantastic dinner at ATX Cocina during our visit to Austin this week! #TXLege #HabitatVolunteers

Yesterday, Billd employees volunteered at Habitat for Humanity Texas' 2025 Capitol Build. We’re proud to have the opportunity to give back to the greater Texas community and partner with an organization that so closely aligns with our own mission and values. Thank you to Habitat for Humanity for allowing us to participate and help sponsor this great event! ??

?? The Billd team is looking to expand our crew! We’re committed to disrupting a $1.5 trillion industry and need the right team in place to do it. That's why we're hiring for key roles throughout almost every department. Some of our open positions include: - Chief Risk Officer - VP, GM of Payments Product - Territory Manager - Sales Enablement Manager - Relationship Manager Some of the perks to working at Billd include flexible PTO, parental and family leave, and a dog-friendly workspace in our Austin headquarters. But don't just take our word for it: We're consistently rated one the best places to work—and fastest growing companies—in Austin. If you're driven to empower subs to do the best work of their lives, check out the link in the comments to see all our open positions.

Using a variety of working capital options to fund projects and cover operational expenses is an important part of creating a capital strategy. However, delayed payments increase the costs?associated with these options—and increase your overall cost of capital. When costs increase, your margins decrease. That's why knowing the average DSO per client is an important first step in protecting your profits. In a recent meetup, construction consultant and fractional CFO Josh Luebker explained how subcontractors can use their average DSO per client to calculate the cost of working capital per GC. This can help you determine how much you should add to your bids to account for this cost and protect your margins. To see these calculations in action, watch the full recap available at the link below.