Billd Secures Strategic Investment to Accelerate Launch of New Early Pay Programs
This funding will accelerate the development and launch of additional capital solutions including Predictable Pay, an early pay program designed in collaboration with general contractors that gives subcontractors access to faster, more predictable payments.
"Cash flow instability caused by payment unpredictability is one of the biggest threats to a subcontractor's business," said
"We continue to be impressed with Billd's ability to create scalable, practical solutions that have meaningful impact on the construction industry," said
Doyle said, "With early pay programs like Predictable Pay, Billd is providing general contractors with a way to help solve the issue of payment dysfunction in construction. We're proud to have partners that continue to support us on our mission to bring more predictability to subcontractor payments as we approach our billion-dollar funding milestone."
About Billd: Billd stands alone as a partner that truly champions the subcontractor. Founded in 2018 by two industry veterans in both construction and finance, Billd's construction-specific financial and payment products empower subcontractors to overcome the impacts of the longstanding broken payment cycle in construction. Billd offers access to working capital solutions to cover subcontractors' most pressing costs, including materials and labor, providing flexible credit to accommodate the unpredictability of cash flow in construction. Billd's patented analytic and financing methodology allows subcontractors to stabilize cash flow and more effectively grow their businesses. Learn more at Billd.com
For press inquiries contact [email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/billd-secures-strategic-investment-to-accelerate-launch-of-new-early-pay-programs-302604760.html
SOURCE Billd
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Gennexa Wins 2026 Global Elite Business Award for AI-Powered Intelligent Operations
- Explora Books Releases Official Documentary Teaser for Dystopian Novel Sanctuary by Karen East
- Hanon Systems Announces Second Quarter 2026 Financial Results
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share