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Full-Time

Territory Sales Manager

Posted on 11/15/2022

Billd

Billd

51-200 employees

Financing service for construction subcontractors

Fintech
Financial Services

Senior

Miami, FL, USA

Category
Finance & Banking
Required Skills
Sales
Salesforce
Mergers & Acquisitions (M&A)
Requirements
  • 5-7 years of outside sales experience managing a full sales cycle
  • Experience selling into the construction, equipment or finance industries
  • Must be a self starter and have the ability to work in a fast-paced, team-oriented environment
  • Preferred to have familiarity with technology tools such as Salesforce and Slack
Responsibilities
  • Sell Billd's financial products (Material Financing and Pay App Advance) to commercial subcontractors with an emphasis on customer acquisition
  • Generate new sales from existing customers with a focus on customers who have disengaged with Billd
  • Develop centers of influences in the territory to generate referrals and increase Billd's brand recognition
  • Strategically sell into all levels of the subcontractor's organization to ensure the customer integrates Billd into their workflows (bidding, negotiating suppliers, etc.)
  • Work closely with an Account Manager and underwriting to maximize territory revenue while protecting Billd's risk
  • Actively manage pipeline and report to leadership on a weekly and monthly basis

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

Series B

Total Funding

$229.6M

Headquarters

Austin, Texas

Founded

2018

Growth & Insights
Headcount

6 month growth

-4%

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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