Built has expanded its construction and real estate finance platform to meet the needs of real estate owners and developers. The platform now helps these professionals manage budgets, streamline invoicing and compliance, move money and make decisions, Built said in a Monday (March 11) press release. “One...
In what is said to be a leap toward streamlining construction payments and credit solutions, Handle.com has secured investments from Amex Ventures and Suffolk Technologies, the venture capital entity of Suffolk Construction. This infusion of capital underscores Handle’s growth and its role in the digital overhaul of financial operations within...
Almost every construction project comes with two unavoidable truths: unexpected delays, and extra costs. But while construction projects facing procurement snags while running up labor costs are nothing new, the solutions for the $1.7 trillion global construction materials sector are. “Identifying the right products and materials...
While this wasn’t a good year for commercial real estate, banks saw commercial loan growth. These loans — known as CRE loans — were up 3% year over year, while general commercial-industrial loans were down 1%, The Wall Street Journal (WSJ) reported Tuesday (Dec. 26),...
March 18, 2024
We’ve heard of InsurTech, FinTech and more — but there’s a new player on the block. Meet construction tech: the latest iteration of the 21st century’s digital-fueled innovation renaissance. “Five years back, if you talked about construction tech, very few people knew about it. I went to a conference and said, I invest in ConTech. […]
March 06, 2024
Almost every construction project comes with two unavoidable truths: unexpected delays, and extra costs. But while construction projects facing procurement snags while running up labor costs are nothing new, the...
December 15, 2023
Late payments and transaction errors run rampant in the construction industry. The sector’s days sales outstanding (DSO) — a measurement of how long a company waits to receive payment for...
July 26, 2023
The historically fragmented industrial economy is getting a modern makeover. And while ecosystem needs are different from geography to geography, a fundamental shift in digital capabilities is reframing the possibilities...
March 11, 2024
Built has expanded its construction and real estate finance platform to meet the needs of real estate owners and developers. The platform now helps these professionals manage budgets, streamline invoicing and compliance, move money and make decisions, Built said in a Monday (March 11) press release. “One of the primary reasons we started Built was to improve […]
March 06, 2024
In what is said to be a leap toward streamlining construction payments and credit solutions, Handle.com has secured investments from Amex Ventures and Suffolk Technologies, the venture capital entity of Suffolk Construction. This infusion of...
December 26, 2023
While this wasn’t a good year for commercial real estate, banks saw commercial loan growth. These loans — known as CRE loans — were up 3% year over year, while...
November 27, 2023
Construex, an Ecuador-based software-as-a-service marketplace, has raised $4.6 million in seed funding to accelerate its mission of digitizing the construction industry in Latin America. “This is our first step towards...
