PYMNTS-MonitorEdge-May-2024

Struxtion

FinTech Lenders Help Subcontractors Prime the Pump for Their Next Jobs
FinTech Lenders Help Subcontractors Prime the Pump for Their Next Jobs
January 24, 2022  |  B2B Payments

Commercial construction, a $900 billion industry in the U.S., has the longest days sales outstanding (DSO) of any mature industry — 83 days. “That’s the...

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Struxtion Launches ‘Frictionless’ Construction Financing Tool
Struxtion Launches ‘Frictionless’ Construction Financing Tool
January 12, 2022  |  B2B Payments

Construction financing platform Struxtion, LLC is working with Solid Financial Technologies to use that company’s FinTech-as-a-Service (FaaS) platform to provide what it describes as “frictionless...

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