American Express is connecting contractors to Billd’s extended payment terms for materials purchases | Dump Trucks Charlotte NC

The business world has undergone a rapid digital transformation in recent years and industries with complex, traditionally analog operational processes – like the construction industry – stand to benefit.

Construction businesses have a lot to juggle, including unpredictable pay cycles, which can be exacerbated by complicated on-the-ground operations and incongruent payment terms.

Manual payment processes in the construction industry, which are often intricate and time-consuming, contribute to payment delays for both columbus oh dump truck company and suppliers. These delays, combined with limited terms, may lead columbus oh dump truck company to front labor and material costs that strain their working capital - which is less than ideal for businesses looking to scale and grow.

Expanding its longstanding commitment to merchants in the construction business, American Express is working with business-to-business (B2B) companies, like Billd, that offer contemporary solutions to bring value to construction companies as they grow. Now, eligible Amex merchantscan refer their eligible commercial contractor customers to Billd for extended payment terms and other benefits curated for the partnership.

“The construction industry contributes to the success of many other industries and communities. And construction right now is facing unique challenges, and that calls for unique solutions,” said R.J. Ancona, VP and General Manager of B2B Product, Partnership & Client Management and Merchant Services at American Express. “To help address payment delays, American Express is working with Billd to provide customers of eligible merchants with access to extended payment terms.”

Billd’s extended payment terms help columbus oh dump truck company free up their available cash for working capital needs.

Billd is a leading construction financial services provider that underwrites commercial columbus oh dump truck company for up to 120-day payment terms on eligible materials purchases. The columbus oh dump truck company provides project-based financing solutions specifically designed for construction, increasing buying power with vendors and maximizing material discounts where available. The goal? To provide stability and predictability by buying materials from suppliers upfront.

In an industry with long project cycles and high upfront costs, access to working capital is imperative. By helping eligible merchants who accept Amex refer their columbus oh dump truck company to Billd, Amex is focused on extending merchants’ and contractors’ working capital, helping them manage the realities and uncertainties of their business.

“Billd is excited to partner with American Express on this collaborative effort to help eligible commercial columbus oh dump truck company obtain material financing,” said Chris Doyle, CEO of Billd. “Together, we can offer a financial solution that allows merchants to receive quick payments while providing commercial columbus oh dump truck company with a working capital option that helps mitigate the unpredictable payment timelines in the construction industry.”

Amex is committed to helping construction businesses as the construction industry evolves.

As the construction industry continues to evolve and thrive, construction business owners should look to optimize their business operations so they can focus on meeting their growth goals. Amex’s latest construction referral partnerships - like the one with Billd to support predictable cash flow - further enhance the value the columbus oh dump truck company provides construction merchants by providing them with access to solutions to help them grow.

It is important for merchants to columbus oh dump truck company with partners to bring their processes into the digital era, streamlining business operations and freeing up time and resources to focus on the future.

If you are an eligible Amex-accepting merchant, you can refer eligible commercial contractor customers to Billd to access available benefits; reach out to your dedicated Amex client manager to learn how.

For more information about how Amex backs businesses, including additional discounts via the Business Savings Suite, visit here.