Billd provides financing for subcontractors in the construction industry to improve cash flow. Subcontractors enroll quickly, work with a Billd representative to tailor a plan, and receive upfront funds to pay for materials and labor while waiting on invoices. Revenue comes from fees charged for the financing service. The platform emphasizes secure, transparent transactions, helping contractors pay suppliers and staff without delay. Billd’s goal is to help construction teams maintain steady operations by bridging the gap between project expenses and payment milestones, differentiating itself by fast enrollment, sector-focused financing, and hands-on client support.
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Industries
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$314.8M
Headquarters
Austin, TX
Founded
2018
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Total Funding
$314.8M
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Funded Over
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Billd secures $100 million to expand construction financing. 5 November 2026 Key Takeaways * Billd secured a $100 million credit facility from Victory Park Capital. * The financing will expand working capital solutions for commercial construction subcontractors across the United States. * The partnership targets cash-flow challenges caused by lengthy construction payment cycles. Billd secures $100 million credit facility. Billd has secured a $100 million credit facility from Victory Park Capital (VPC). The Austin-based financial technology company serves commercial construction subcontractors across the United States. The facility will support Billd's continued growth and expand its lending capacity. It will also strengthen access to flexible working capital for subcontractors. Founded in 2018, Billd addresses financial challenges within the construction industry. Subcontractors often pay for materials and labour before receiving payments from general contractors. These delays can create significant pressure on cash flow. Billd provides financing designed around construction payment cycles. Its solutions help subcontractors cover operational expenses and accept additional projects. However, the company has not disclosed its specific borrowing terms. Founder and CEO Chris Doyle said VPC's asset-backed finance expertise makes it a suitable partner. He added that the partnership would help expand working capital access nationwide. The latest facility represents a significant financing commitment for Billd. Victory Park Capital backs construction lending expansion. Victory Park Capital will provide the financing through its asset-backed lending capabilities. The investment firm specialises in private credit and structured financing solutions. VPC partner Gordon Watson highlighted Billd's construction-specific underwriting capabilities. He also recognised its understanding of payment cycles and established lending platforms. The partnership combines Billd's financing technology with VPC's experience. The companies on a mission to improve commercial construction loan access. VPC was founded in 2007 and is headquartered in Chicago. The company became a majority-owned subsidiary of Janus Henderson Group in 2024. VPC invests across private credit and asset-backed finance markets, and also offers structured finance and capital markets services through its affiliated platform, Triumph Capital Markets. Billd addresses cash flow challenges for subcontractors. Billd provides specialised financing solutions that help commercial subcontractors manage upfront construction costs and cash flow challenges caused by delayed payments. Source: Created by Ventureburn. The new facility exemplifies ongoing customer demand for specialised lending vehicles. Such organisations target niche markets that many mainstream financial firms are unable to serve. Commercial sub-contractors often experience delays in being paid once the work is delivered. Their costs, however, start well before general contractors start paying them. In addition, they are required to buy the inventory they need for construction jobs and pay workers throughout a project. Billd develops financing products specifically for these circumstances. Its solutions provide access to capital for materials, labour and other project expenses. The company also uses a patented analytical and financing methodology. This approach supports underwriting decisions based on construction payment patterns. New credit facility supports Billd's next growth phase. Its financing products help subcontractors manage unpredictable cash flow. They can also pursue additional contracts without relying entirely on delayed customer payments. The $100 million facility follows Billd's expansion of its financing offerings. The company recently rolled out Flex Line, a revolving credit product for subcontractors. The product provides another financing option beyond job-specific material purchases and payment advances. It also supports businesses facing recurring working-capital requirements. The new facility could help Billd broaden access to these solutions. It comes as specialist financing platforms attract investment across underserved industries. Other companies are also addressing construction-related working-capital challenges. The partnership nevertheless strengthens its capacity to serve subcontractors. Riverchain announced a $10 million working-capital commitment in October. However, Billd's financing announcement does not establish a wider lending boom. The company has not disclosed facility utilisation or detailed lending performance figures. Its next phase will depend on responsible lending and sustained demand. To stay updated on crypto venture capital funding and market trends, visit its venture capital news section for more insights. Clinton Nwachukwu is a crypto and finance writer with an MBA in Artificial Intelligence and 6+ years of experience creating content for leading global brands. He turns complex topics into clear, actionable insights for readers worldwide. Disclaimer VentureBurn is a media platform covering the latest in cryptocurrency, artificial intelligence, venture capital, and the startup ecosystem. Opinions expressed on VentureBurn are for informational purposes only and do not constitute investment advice. Before making any high-risk investments in digital assets or emerging technologies, readers should conduct their own due diligence. All transactions and financial decisions are made at your own risk, and any losses incurred are solely your responsibility. VentureBurn does not endorse or recommend the buying or selling of any digital assets and is not a licensed investment advisor. Please note that VentureBurn may participate in affiliate marketing programs.
Billd, a provider of financial products for commercial subcontractors, has launched Flex Line nationwide. The revolving line of credit is offered through Cross River Bank and open to qualified subcontractors across the US. Flex Line is meant to be used alongside a traditional line of credit and is not tied to a single project. Available credit replenishes as the balance is repaid, and unused funds carry no fees. "It's the simplest and easiest line of credit subcontractors will ever use," said Chris Doyle, founder and chief executive officer of Billd. Flex Line joins Material Financing, Pay App Advance, and the Predictable Pay early payment program for general contractors. Approval is subject to application and credit review.
Billd launches Flex Line nationally, expanding working capital access for subcontractors across the U.S. October 27, 2026Read time: 2 min Construction line of credit now available to qualified subcontractors nationwide, complementing Billd's suite of products built specifically for commercial construction AUSTIN, TX - October 27, 2026 - Billd, the leading provider of financial solutions for commercial subcontractors, today announced the national launch of Flex Line, its revolving line of credit for subcontractors, in partnership with Cross River Bank ("Cross River"), a leading technology infrastructure platform powering embedded financial solutions serving as the trust anchor for global banking and money movement. Flex Line is a line of credit product offered through Cross River that provides qualified subcontractors with access to working capital designed specifically for the realities of the construction business. Built to use alongside a traditional line of credit, Flex Line offers subcontractors flexible working capital that isn't tied to a single project. As a revolving line of credit, available credit replenishes as the balance is repaid, and there are no fees for unused funds. "Flex Line gives our long-time customers one more way to access working capital, available right when subcontractors need it. It's the simplest and easiest line of credit subcontractors will ever use," said Chris Doyle, Founder and CEO of Billd. "Alongside Material Financing and Pay App Advance, Flex Line rounds out a product suite built to empower subcontractors to do the best work of their lives." The national expansion is made possible through Billd's partnership with Cross River, which powers financial technology programs across accounts, cards, payments, lending, digital assets and agentic commerce for some of the world's most recognized brands. Flex Line complements Billd's existing product suite, which includes Material Financing, Pay App Advance, and the Predictable Pay early payment program for general contractors. Flex Line eligibility is subject to application, credit review, and approval. Terms, conditions, and restrictions apply, visit billd.com/flex-line for more details. Lines of credit made by Cross River, Member FDIC. This is not a deposit product. About billd. Billd stands alone as a partner that truly champions the subcontractor. Founded in 2018 by two industry veterans in both construction and finance, Billd's construction-specific financial and payment products empower subcontractors to overcome the impacts of the longstanding broken payment cycle in construction. Billd offers access to working capital solutions to cover subcontractors' most pressing costs, including materials and labor, providing flexible credit to accommodate the unpredictability of cash flow in construction. Billd's patented analytic and financing methodology allows subcontractors to stabilize cash flow and more effectively grow their businesses. About Cross River. Cross River builds technology that powers the future of financial services. Leveraging its proprietary real-time digital banking core, Cross River delivers innovative and scalable embedded payments, cards, lending and digital asset and agentic solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world's most essential technology and fintech companies at the forefront of innovation. As a leader in the industry, Cross River is reshaping global finance and financial inclusion. Member FDIC. Find out more at www.crossriver.com. Media Contact: Lydia Adams, VP of Marketing, Billd
The Contractor Consultants named Top Construction Hiring Services Provider. The Contractor Consultants has been recognized as a Top Construction Hiring Services Provider, reflecting the results delivered through the Great Hiring Partner (GHP) program for construction companies nationwide. A milestone that reflects real results. In an industry where finding and keeping skilled talent determines whether a project stays on schedule, The Contractor Consultants has been recognized as a Top Construction Hiring Services Provider. The recognition reflects what TCC clients already know: a done-for-you construction hiring funnel, built specifically for the industry, changes the math on cost, time, and quality of hire. "We're proud to be recognized for the results we're delivering to construction companies across the country," said Luca Malacrino, CEO of The Contractor Consultants. "This award reflects the work our whole team puts into making GHP the standard for how construction companies hire." What GHP delivers for construction companies. GHP gives $1M+ construction companies a complete hiring funnel: labor market analysis, structured candidate outreach, screening, and interview support, run for a flat annual fee. Clients on the program consistently see meaningful reductions in both cost-per-hire and time spent on hiring at the leadership level, time that goes back into running jobs instead of reviewing resumes. "Every part of the TCC construction hiring process is built around one goal: put qualified, vetted candidates in front of construction owners without the guesswork," said Chris Cundari, COO of The Contractor Consultants. "This recognition is a reflection of that system working the way it's supposed to, at scale, for every client on the program." What's next. This recognition doesn't change the mission - it confirms the direction. The Contractor Consultants continues to build out GHP as the hiring infrastructure for construction companies that are ready to scale without scaling their own hiring headaches, and this award adds to a growing body of proof that a flat-fee, systems-based approach to construction recruiting outperforms the traditional agency model. Follow me on: Matt co-founded The Contractor Consultants, a company that empowers construction companies to build high-performing teams through proven hiring systems. The company offers both a fully outsourced, done-for-you hiring service and the construction industry's first comprehensive 63-module hiring course, helping contractors hire skilled tradespeople and key leadership with confidence. The Contractor Consultants partners with leading organizations including Indeed, ZipRecruiter, Billd, and Angi to deliver best-in-class hiring solutions. In 2023, Matt received a Congressional Quality and Craftsmanship Award in recognition of his contributions to the construction industry. The Contractor Consultants has also been recognized by Construction Business Review as the Best and Fastest Construction Hiring Company for 2024, 2025, and 2026, reflecting its continued innovation and leadership in construction recruiting and workforce development. You May Also Like
Billd named no. 2 on forbes' list of america's best startup employers for 2026. 03.12.2026
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Industries
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$314.8M
Headquarters
Austin, TX
Founded
2018
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs