Jean Dimeo’s Post

Do you currently have a lien process in place to protect your receivables? Learn more about Construction Liens and how to protect your company from slow paying/non-paying clients

‼️ Do you operate within the construction sector and are you are finding that your customer payments are slowing down? This is how #construction #factoring could help improve your #cashflow, ➡️ https://lnkd.in/e9NJ327W #FundInvoice

Very interesting blog post today on our website relating to the challenges contractors face with financing their projects and businesses. Check out the blog post to learn more about contractor financing options. #Contractors #Finance Link: https://lnkd.in/gZVtnJVJ

Another great example of how we can help businesses alleviate short term cash flow worries, without tying them into a long term contract. If you have cash tied up in outstanding business to business invoices, get in touch today to see how we can help! 01827 300318 #invoicefinance #invoicefactoring #selectiveinvoicefinance

Bob runs a successful manufacturing business specializing in building doors for the construction industry. While business was steady, Bob frequently found himself caught in a cash gap. The issue? He had to pay wages, rent, and material costs long before his customers—mostly builders—paid their invoices. And as anyone in the industry knows, builders are often slow to pay. This cash gap started to put a serious strain on Bob’s business. He was juggling payments, struggling to cover costs while waiting for his customers to settle. The stress kept him from growing his business and maintaining strong supplier relationships. That’s when Bob turned to Martin Cattach from Finance For Business. Martin quickly identified the issue with his expertise in working capital strategies and recommended debtor finance. Debtor finance gave Bob immediate access to the funds in unpaid invoices, ensuring he had the cash flow to cover wages, rent, and material costs without waiting on delayed payments. Martin also advised Bob to insure against customer defaults, further reducing his financial risk. With these strategies in place, Bob’s business improved significantly: 🔹 Solid cash flow that allowed him to meet expenses on time. 🔹 Minimized risk of customer defaults, providing peace of mind. 🔹 More focus on growing the business without worrying about cash flow gaps. Bob’s door manufacturing business is thriving thanks to Martin's tailored solutions. With a strong cash flow and reduced financial risk, Bob can take on more orders and confidently grow his business. #CashFlow #DebtorFinance #ManufacturingFinance #SMEFinance #BusinessGrowth #FinanceForBusiness #WorkingCapital #RiskManagement #businessownership #ILOVEWHATIDO

Duties of Lessee - Guaranteed Residual value In a lease agreement, the user of the asset is known as the lessee. The lessee is responsible for fulfilling certain obligations toward the lessor, who is the owner of the asset. The lessee’s main responsibilities include: (a) paying the lease rent as agreed upon, both in terms of amount and timing; (b) paying for the purchase option if the purchase price is significantly lower than the asset’s fair value when the option becomes exercisable; and (c) returning the asset in good condition, ensuring that it retains some value as guaranteed. This guaranteed value is often referred to as the Guaranteed Residual Value, a clause commonly found in finance leases.   If the value of the asset returned to the lessor is less than the guaranteed residual value, the lessee must cover the shortfall in addition to returning the asset. As a result, the lessee needs to be mindful of the asset's value at the end of the lease term. Therefore, the lessee should use the asset in a way that ensures its value does not fall below the guarantee they provided.

We have you covered when it comes to unplanned project expenses! Instantly make loan increases for common expenses that arise after you estimate the project cost. We provide loan approvals amounts with up to an additional 20% allowance to account for unforeseen expenses that arise after the fact. https://hubs.la/Q02CNpNx0 #contractingpro #homeimprovementbudget #customerfinancing #financialplanning #remodelerpro

𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐍𝐞𝐰𝐬 𝐟𝐨𝐫 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐬 & 𝐑𝐞𝐟𝐞𝐫𝐫𝐚𝐥 𝐒𝐨𝐮𝐫𝐜𝐞𝐬! We're thrilled to introduce our new game-changing element to your loan origination process – our '𝐁𝐫𝐨𝐤𝐞𝐫𝐬 𝐅𝐢𝐫𝐬𝐭' affiliate program powered by the innovative LoanStream.ai system, exclusively at Western Realty Finance. Why should you be interested? Here’s why: 𝐒𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐞𝐝 𝐒𝐮𝐛𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬: Say goodbye to cumbersome paperwork. LoanStream.ai transforms the way you submit loans, making the process faster and more efficient. 𝐐𝐮𝐢𝐜𝐤 𝐓𝐞𝐫𝐦 𝐒𝐡𝐞𝐞𝐭𝐬: Waiting weeks for a response? Not anymore. Our system ensures you get term sheets swiftly, keeping your projects moving. 𝐂𝐥𝐨𝐬𝐞 𝐋𝐨𝐚𝐧𝐬 𝐅𝐚𝐬𝐭𝐞𝐫: Our technology and team's expertise significantly reduce closing times, meaning more successful deals and satisfied clients. 𝐆𝐫𝐨𝐰 𝐘𝐨𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬: With WRF's Brokers First program, not only do you streamline your operations, but you also unlock unparalleled growth opportunities for your brokerage. This isn’t just about leveraging technology; it’s about enhancing your brokerage's potential and maximizing your impact in the construction finance market. Embrace the future of construction finance with us. Learn more about becoming a Brokers First Affiliate and how our LoanStream.ai system can revolutionize your business. View our 𝐁𝐫𝐨𝐤𝐞𝐫𝐬 𝐅𝐢𝐫𝐬𝐭 affiliate program highlights here: https://lnkd.in/gcXsXvGr Your success is our priority. Let's build something great together. _____________________________________ 𝐖𝐞𝐬𝐭𝐞𝐫𝐧 𝐑𝐞𝐚𝐥𝐭𝐲 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 works closely with experienced residential developers to arrange financing from $5MM - $250MM, for solid for-sale and for-rent projects. For a detailed analysis of your project and to explore financing options, contact David Van Waldick / dave@wrfco.com / 760.672.0145. To Register a new construction loan visit our quick and easy loan pricing form here: https://lnkd.in/gP-EcDw7 #WRF #BrokersFirst #ConstructionFinance #RealEstateDevelopment #LoanRegistration #InnovationInFinance

With a lack of access to credit, it's no surprise that this Fed survey also found that 49% of small businesses experienced uneven cash flow, and 52% had difficulty paying operating expenses #construction #constructionindustry #stlconstruction #contractors #subcontractors #electrical #plumbing #paintingcontractor #mechanical #masonary

🔧 Top 5 Warning Signs a U.S. Construction Project Owner is in Financial Trouble 🔧 An experienced GC knows what it’s like to push through tough times in the construction business. But some red flags can’t be ignored. 1️⃣ Delayed Payments - When the money coming in starts slowing down. 2️⃣ Cutbacks on Equipment/Staff - Scaling down due to cash flow issues. 3️⃣ Increased Debt - Struggling to cover expenses with credit. 4️⃣ Supplier Problems - Falling behind on supplier payments. 5️⃣ Stalled Projects - Work grinds to a halt. 🤗 But don’t panic. ✅ There are 5 fast solutions to turn things around: 🔆 Working Capital Loan - Keep cash flowing smoothly. ♻ Business Line of Credit - Cover expenses on demand. 🔆 Equipment Financing - Upgrade without upfront costs. ♻ Invoice Factoring - Get paid on outstanding invoices. 🔆 Term Loans - Tackle large projects with confidence. Don't let your hard work go down the drain. ☎ Call me today to secure the quick funding you need to keep your business growing ! 📞 My Office: (800) 618-1022 📱 My Cell: (347) 460-0291 #BusinessFunding #ConstructionBusiness #WorkingCapital #QuickLoans #FinancialSolutions