If you’re a contractor or home builder, you’ve likely purchased a lot of construction building materials over time, with some being more expensive than others.
But did you know there’s a payment solution that will cover material costs upfront, so you don’t have to take a temporary financial hit? In this guide, you’ll learn more about how it works to determine if it’s a good fit for your business.
What Are Construction Building Materials?
Construction building materials are used to build, repair or remodel homes.
Billd Commercial Construction Financing
What Are the Major Construction Materials?
There are five primary construction materials – concrete, wood, stone, bricks and steel.
Where You Can Purchase Commercial Construction Materials
Construction Materials Supplier
There’s no shortage of construction materials suppliers to choose from. A quick online search will likely yield several results in your area. Or you can use this online tool to find options near you.
Online Through Billd
Billd is a payment solution that makes it easy for commercial contractors to get the materials needed for construction projects without worrying about costs. You’ll get the materials upfront and pay Billd instead of the supplier within 120 days.
That way, you can have access to the working capital you need so you can focus on what you do best. Even better, you’ll avoid cash flow issues and enjoy a seamless purchasing process as Billd will deal with the supplier directly regarding payment terms.
Billd Commercial Construction Financing
To date, Billd has provided over $30 billion in funding to contractors, and you could be next. Here’s how it works:
- Step 1: Enroll with Billd. (Quick note: You’ll need annual revenues between $500,000 and $50 million to qualify).
- Step 2: Upload the construction contract with the property owner or general contractor to the online dashboard.
- Step 3: Get a quote for materials from the supplier of your choice.
- Step 4: Send the quote to Billd and indicate your requested payment date.
- Step 5: Billd pays the supplier directly.
- Step 6: The supplier sends the building materials to you.
- Step 7: You repay Billd within 120 days.
You can also use the Pay App Advance feature to smooth out cash flow when waiting for invoices to be paid. To get started with this feature:
- Step 1: Sign up for Billd and access the dashboard.
- Step 2: Input your project if it’s not already entered in the system or select it from the list.
- Step 3: Select the date you’d like to receive your advance.
- Step 4: Upload your approved Pay App to the dashboard.
- Step 5: Receive your payment from Billd.
- Step 6: Repay Billd within 120 days.
Fill out this simple form to explore what Billd has to offer by signing up today.
