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How to Prepare Financial Statements That Get Your Construction Loan Approved
You’ve just secured the largest contract of your career but you need $150,000 upfront for materials, equipment, and labor before the first payment is released. You approach the bank with confidence: your projects are profitable, your reputation is strong, and your pipeline is full. Yet days later, you receive a denial citing “insufficient financial documentation” or “concerns about cash flow management.” In reality, the bank is not rejecting your business, they are rejecting
7 days ago9 min read


Mastering Budgeting and Forecasting for Successful Construction Projects
In the construction industry, effective budgeting and forecasting are critical to the success of any project. From initial income...
Oct 75 min read


Construction Income Statements: What You Need to Know
Running a construction business is hard, especially when it comes to tracking your financial health. The construction income statement...
Sep 12, 20246 min read


(Download CFMA Template) The Income Statement: Measuring Profit & Loss in Construction
For a construction business owner, the income statement serves as a key tool for financial evaluation. It’s a financial document that...
Jun 15, 20237 min read


What Are The Four Basic Financial Statements?
Financial statements (financial statements) are a form of documents showing quarterly and annual business results of a company.
Sep 28, 20203 min read
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