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Construction Finance

Learn from experts in accounting, bidding, estimating, financing, and contracts. Grow your business with a solid understanding of construction finance and cash flow.

The Basics | Financing | Recent Articles

Introduction to Construction Finance

Construction finance involves everything related to money management for construction businesses. Because construction is a complex, high-risk, project-based field, construction finance involves a wide range of skills and roles.

From estimating and bidding to contract formation and accounting systems, construction finance professionals are responsible for guiding a construction business toward growth.

Financial Management Basics

Learn the basics of accounting, cash flow, contracts, estimating, bidding, financing, and capital to develop a solid foundation for growing a construction business.

Illustrated bar chart overlaid on person performing financial calculations

Introduction to Construction Accounting

Construction companies have to make difficult choices among many financial...

article-image

Types of Capital for Construction Businesses

Construction companies need capital to get off the ground, stay...

Close up of person's hand signing a contract with another hand pointing to the document.

The 5 Key Types of Construction Contracts

There are five common types of construction contracts: lump sum...

Contractor in high viz vest and hard hat holds drawings and looks at a building under construction

A Contractor’s Guide to Working Capital: Managing & Measuring Liquidity

Effective evaluation and management of working capital is a critical...


Estimating & Bidding

Financial success begins with a solid foundation during the preconstruction phase of a project. Learn how to develop accurate cost estimates and use them to build a winning bid.

Construction Estimating

Construction Cost Estimating: A Step-By-Step Guide

Construction estimating is the process of calculating all of the...

Palette of lumber

What Is a Construction Material Takeoff?

In construction, a takeoff is the process that contractors use...

Man in hard hat and vest surveys a construction site with workers and equipment.

The Construction Bidding Process Explained

Understanding how the construction bidding process works can help your...

Photo of 2 people in a office reviewing a document on a laptop.

Bidding 101: Types of Tender in Construction

Owners and contractors alike rely on the bidding process to...

Construction mobilization illustrated by large equipment being transported down a road

How to Manage Construction Mobilization Costs

Getting a construction project off the ground is an expensive...

Photo of hand reviewing documents with calculator

6 Tips to Boost Contractor Profit and Reduce Overhead in Construction

The average net profit margin for construction businesses ranges from...

Photo of someone using a computer and filling out a paper form

Bidding on Government Construction Contracts: A Contractor’s Guide

Winning a government construction contract can be lucrative for contractors....

Photo of pallets of bricks at a construction site

Calculating Cost of Goods Sold for Construction Contractors

Cost of goods sold (COGS) makes up a substantial portion...


Contractor Financing

Two people review financial documents.

Contractor Financing: The Complete Guide

The financial success of a construction business depends largely on...

Two construction workers shake hands behind stacks of building materials.

4 Tips to Negotiate a Higher Credit Limit With Your Building Material Supplier

Contractors trying to grow their businesses and take on larger...

Overhead shot of a man sitting at a desk reviewing invoices.

How to Evaluate Financing Options for Contractors

Debt isn’t a bad thing when it is used strategically...

Close up of people sitting in front of a laptop and clipboard with financial documents.

Business Loan Denied? What Contractors Can Do

If you’ve recently applied for and had your construction business...


Recent Articles

Contractors installing drywall in a commercial building.

Lines of Credit in Construction: The Pros & Cons for Contractors

In the construction industry, contractors often spend large sums of...

An architect and contractor review drawings and contract documents

Guide to Guaranteed Maximum Price (GMP) Contracts in Construction

A guaranteed maximum price (GMP) contract sets a maximum price...

Contractor in high viz vest and hard hat holds drawings and looks at a building under construction

A Contractor’s Guide to Working Capital: Managing & Measuring Liquidity

Effective evaluation and management of working capital is a critical...

Illustration of construction cost plus contracts with hard hat and other construction materials

What is a Cost-Plus Contract in Construction?

A cost-plus contract provides reimbursement for all of the costs...

Photo of pallets of bricks at a construction site

Calculating Cost of Goods Sold for Construction Contractors

Cost of goods sold (COGS) makes up a substantial portion...

Construction mobilization illustrated by large equipment being transported down a road

How to Manage Construction Mobilization Costs

Getting a construction project off the ground is an expensive...

Photo of 2 people's hands as they discuss change order documents on a desk with a laptop and hard hat pictured.

Request for Change Orders: Adjusting the Contract Scope

A change order is an agreement made during the course...

Two people review financial documents.

Contractor Financing: The Complete Guide

The financial success of a construction business depends largely on...

Close up of person's hand signing a contract with another hand pointing to the document.

The 5 Key Types of Construction Contracts

There are five common types of construction contracts: lump sum...

Illustrated bar chart overlaid on person performing financial calculations

Introduction to Construction Accounting

Construction companies have to make difficult choices among many financial...

article-image

Types of Capital for Construction Businesses

Construction companies need capital to get off the ground, stay...

Two construction workers shake hands behind stacks of building materials.

4 Tips to Negotiate a Higher Credit Limit With Your Building Material Supplier

Contractors trying to grow their businesses and take on larger...

Procore is committed to advancing the construction industry by improving the lives of people working in construction, driving technology innovation, and building a global community of groundbreakers. Our connected global construction platform unites all stakeholders on a project with unlimited access to support and a business model designed for the construction industry.

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