Full-Time

Transaction Coordinator

Posted on 8/7/2025

Billd

Billd

51-200 employees

Upfront financing service for construction subcontractors

No salary listed

Austin, TX, USA

Hybrid

In-office Mondays through Thursdays, with a work from home day on Friday, if desired.

Category
Finance & Banking (2)
,
Requirements
  • 3+ years in underwriting, accounts receivable, accounts payable, or contract management roles
  • The ability to work in a fast-paced, team-oriented environment across different functional departments includes sales teams, finance, legal and compliance, and customer success
  • Urgency is critical in this role, especially the ability to act with urgency and tact when following-up via phone, email, and text
  • Excellent communication skills
Responsibilities
  • Underwrite daily financing requests for funding including, but not limited to: reviewing purchase statements, checking invoices and Pay Applications for accuracy, connecting with and setting up new supplier accounts and/or general contractor accounts, and completing other critical due-diligence steps.
  • Work cross-functionality with tangential departments to provide real-time updates on financing due diligence & approval statuses.
  • Maintain detailed notes and updates on all financing requests to ensure all required documents, projects, and purchase requests are accurate and up to date.
  • Mitigate fraud through advanced due diligence practices as well as making informed recommendations to improve Billd’s anti-fraud policy, process, and technology.
  • Work in close coordination with the Credit team to improve Billd’s Credit Policy and portfolio performance.
  • Support and contribute to the department's process and policy improvements.
  • Effectively triage decisions that require escalation to administrative review.
  • Support internal projects, such as audits and updates to the contractor and supplier procedures.
Desired Qualifications
  • Familiarity with technology tools used by the company such as Salesforce, Box, Microsoft Office Suite, LexisNexis, and Experian credit reports preferred

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.

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$214.8M

Headquarters

Austin, Texas

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • American Express partnership December 2024 unlocks $1.5 trillion construction market via supplier network.
  • Predictable Pay program funded by $7.3M raise addresses 57-day average payment delays industry-wide.
  • 76% of subcontractors still use paper checks, creating massive digital adoption opportunity.

What critics are saying

  • Basel III endgame regulations force bank lenders to curtail construction fintech credit lines.
  • CopperWire captures 15% subcontractor financing volume through superior underwriting and lower rates.
  • Amex Grid embedded financing bypasses Billd referral model, capturing American Express merchant partners.

What makes Billd unique

  • Patented analytics methodology quantifies construction-specific risk better than traditional lenders.
  • 120-day payment terms aligned with construction cash cycles, not standard lending products.
  • Same-day funding and approval within 24 hours accelerates material procurement for subcontractors.

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Benefits

Hybrid Work Options

Company News

MissionOG
Mar 12th, 2026
Billd named no. 2 on forbes' list of america's best startup employers for 2026.

Billd named no. 2 on forbes' list of america's best startup employers for 2026. 03.12.2026

MB News
Nov 5th, 2025
Billd Raises $7.3M for Early Pay Programs

Billd, a financial solutions provider for commercial subcontractors, has raised $7.3M in strategic funding led by MissionOG, with participation from HighSage Ventures and RJT Credit. This investment will accelerate the launch of Predictable Pay, an early pay program aimed at providing subcontractors with faster, more predictable payments. The funding supports Billd's goal of enhancing financial solutions for subcontractors to stabilize cash flow and grow their businesses.

PYMNTS
Dec 15th, 2024
Breaking Ground: Solving Construction’S Delayed Payments With Digital Tools

01 Payment delays have become a defining challenge in the construction industry, where manual payment systems lead to persistent cash flow constraints. 02 Slow payments not only raise costs but also contribute to labor shortages in construction, calling for solutions that go beyond payments innovation to ensure a stable workforce. 03 Digital payment innovations empower construction businesses to unlock measurable value through improved cash flow management and stronger developer-contractor relationships. 04 PYMNTS Intelligence presents a guest feature by Nate Henderson, Chairman & CEO of BILT, on how his company is providing technology solutions to the labor shortage that is deeply interwoven with late payments in the construction industry.Systemic payment inefficiencies in the construction industry hamper timely project completion and drive higher costs. General contractors spend more time managing payments than they did in 2023, despite the growing availability of digital payment tools. Meanwhile, payment uncertainty impacts the labor supply chain

PR Newswire
Dec 3rd, 2024
Billd Teams Up With American Express To Help Suppliers Extend Flexible Finance Terms Across The $1.5 Trillion U.S. Construction Industry(1)

Billd and American Express have teamed up to address payment challenges in construction by offering eligible commercial contractors of American Express merchants flexible working capital options through the Amex referral partnership.AUSTIN, Texas, Dec. 3, 2024 /PRNewswire/ -- Billd, a leading financial services provider for commercial contractors, is teaming up with American Express to help business-to-business (B2B) suppliers, who accept Amex, extend payment terms to their buyers. The collaboration enables contractors to preserve their existing cash flow and credit lines and allows suppliers to offer terms they are not able to support in-house. The move drives flexibility for contractors, reduces risk for suppliers, and solidifies strong working relationships across the purchasing ecosystem. Contractors need to pay for labor and materials up front, which strains their working capital and limits their options for growth. According to the 2024 National Subcontractor Market Report, they wait an average of 57 days before being repaid

FinSMEs
Oct 29th, 2024
Billd Raises $17.5M in Funding

Billd raises $17.5M in funding.

INACTIVE