Full-Time

Business Development Manager

Supplier Partnerships

Confirmed live in the last 24 hours

Billd

Billd

51-200 employees

Financing service for construction subcontractors

Fintech
Financial Services

Senior, Expert

Austin, TX, USA

Approximately 10% travel required.

Category
Business Development
Business & Strategy
Required Skills
Salesforce
Requirements
  • 7-10 years of channel sales or business development experience
  • Ability to thrive in an environment of high ambiguity and change
  • Must have a competitive drive and persevere to consistently achieve excellence and overcome adversity
  • Must be a self starter and continuously invest in self development and learning
  • Experience selling financial services products to building material suppliers is preferred
  • Familiarity with technology tools such as Salesforce, Outreach and Slack is preferred
Responsibilities
  • Prospect, onboard, and manage relationships with building material suppliers from $10M - $5B in annual revenue (target profile is $50-500M)
  • Lead negotiations with C-level executives (at the supplier) and handle all contract management
  • Work hand in hand with Billd Sales Development Representatives and Territory Managers to ensure contractor referrals (from suppliers) properly flow through the Billd sales funnel and result in new Billd customers
  • Develop marketing and sales strategies to drive contractor referrals from partner suppliers
  • Conduct both in-person and virtual demos to activate supplier partnerships.
  • Review and manage ongoing supplier deal flow including pipeline reviews with sales and operations executives
  • Consistently provide product feedback internally to facilitate the evolution of Billd’s supplier channel
  • Work cross-functionally as a part of the Billd team in areas such as marketing, sales, product, finance, and legal
  • Approximately 10% travel required

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 goal of Billd is to improve cash flow for subcontractors, enabling them to take on new projects and meet immediate expenses more effectively.

Company Stage

N/A

Total Funding

$104.6M

Headquarters

Austin, Texas

Founded

2018

Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-8%

2 year growth

19%
Simplify Jobs

Simplify's Take

What believers are saying

  • Billd's strategic partnerships with companies like BigRentz and STACK enhance its service offerings and market reach.
  • The recent $100M debt facility provides significant capital to expand operations and improve financial products.
  • Positive client feedback and a strong emphasis on security contribute to high client satisfaction and trust.

What critics are saying

  • The construction industry is highly cyclical, and economic downturns could significantly impact Billd's business.
  • Dependence on the construction sector makes Billd vulnerable to industry-specific risks such as project delays and late payments.

What makes Billd unique

  • Billd specifically targets the construction industry, providing tailored financial solutions for subcontractors, unlike broader fintech competitors.
  • Their project-based credit evaluation method, now patented, allows for more accurate risk assessment and better financial support for subcontractors.
  • Billd's quick and easy enrollment process, taking less than three minutes, sets it apart from traditional financing methods that are often cumbersome and time-consuming.

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