Financing a construction firm may involve yellow iron, but more frequently requires an iron stomach. Few industries ride the peaks and valleys of economic life quite like construction. Whether it’s living and dying with the whims of government-funded projects, the ebbs and flows of corporate capital expenditures or the emotional ups and downs of housing starts, hearing construction CFOs tell tales of on again off again lending relationships is unsettling at best. But one of these tales might hold an opportunity to learn, identify and enlighten your approach for funding your company in these interesting times.
READ MORE OF OUR RECENT ARTICLE IN “BUILDING PROFITS” BY THE CFMA.