About

Billd provides a financing service specifically designed for subcontractors in the construction industry. This service helps subcontractors manage their cash flow by offering them upfront funds, allowing them to pay for materials and labor without waiting for payments from general contractors or project owners. The process for obtaining financing is quick and straightforward, with subcontractors able to enroll in less than three minutes and work with a Billd representative to strategize their business solutions. Unlike many competitors, Billd focuses on the unique financial challenges faced by subcontractors, ensuring a secure and clear financing process. The company's goal is to improve cash flow for subcontractors, enabling them to take on new projects and meet immediate expenses.

Simplify's Take

What believers are saying

• Partnership with American Express expands flexible financing options for contractors.
• Recent $17.5M funding round supports product expansion and market growth.
• Collaboration with BigRentz increases reach in equipment rental financing.

What critics are saying

• Increased competition from digital payment platforms may erode market share.
• Reliance on paper checks in construction could slow digital solution adoption.
• High days sales outstanding in construction may strain Billd's financial stability.

What makes Billd unique

• Billd offers project-based financing tailored for construction subcontractors' unique cash flow needs.
• The company provides immediate payment to suppliers, easing subcontractors' financial strain.
• Billd's patented credit evaluation method enhances risk assessment for construction projects.

Help us improve and share your feedback! Did you find this helpful?

YesNo