Business > Business Services > Financing, Insurance & Leasing | For Construction Pros

Mobile camera systems can monitor construction sites constrantly, offering specific intelligence about site conditions and personnel to anyone with access to the online software.

3 Ways IP Security Cameras Help Maintain COVID-19 Construction Health Guidelines

While construction nationwide has largely resumed after the initial pandemic shut-downs, the primary issue now is how to stay in business under unrelenting threat of disease transmission

Adobe Stock 78882585

Why Contractors Risk Getting Stuck With the Bill for the Social Security Payroll Tax Deferral

The cost:benefit analysis of President Trump’s campaign-season tax ‘loan’ for employees is convincing big employers to opt out, but the program holds a special risk to construction firms

Adobe Stock 189934147

We Need to Talk About Suicide in the Construction Industry

An often-overlooked part of workplace safety is mental health; and as the leading occupation for death by suicide, it is time to take psychological safety in the construction industry seriously.

Insurance Post It Notes Freedigitalphotos

Which Insurance Carrier Is Responsible For Damages On A Construction Project?

Understand that you may have changed insurance carriers during a construction project and there may be multiple sources of coverage depending on the type of loss and when the loss occurred

Equipment Backhoes

Confidence in the Equipment Finance Market Increases in February

Monthly Confidence Index for the Equipment Finance Industry increased over three points from January to February 2019

Commercial Construction 1 Oosoom Wikimedia Commons

Morgan Stanley Tops List of Top Financial Advisers in the Construction Sector

Morgan Stanley topped GlobalData's latest table of the top 10 financial advisers in the construction sector for fiscal year 2018

Data Collection

6 Areas New Technology Can Help Construction Finance Professionals

Deployed strategically, new tools can help construction finance teams resolve many challenges

JLG Retail Financing Program Offers 100% Financing

New financing program supports all makes and models of new or used equipment

Triax Technologies Spot-R device

Travelers, Gilbane and Triax to Test Safety Benefits of Wearable Tech in Construction

Travelers will review data collected using Triax’s Spot-r devices worn on Gilbane jobsites to gain insights into worker incidents and equipment usage in order to make jobsites safer

365 Minimize Risk Two

Buy, Borrow, Rent or Lease Construction Equipment: 4 Tips to Minimize Risk

When acquiring new equipment, there are parameters to consider that can effectively lower your risk

Screen Shot 2018 08 16 At 10 59 13 Am

Citi, Cat Financial Offer Private Label Credit Card Program

Cat Card Program offers commercial and consumer financing options to give customers flexibility to finance parts, servicing and rental needs at participating Cat dealers

Econ Outlook Q3 200px

2018 Economic Outlook Forecasts 7.0% Expansion in Investments

While construction machinery investment growth should hold steady, investment growth may peak later this year

New Website Connects Construction Contractors with Equipment Financing Companies

EquipmentWallet.com makes it simple for business owners to apply for equipment financing through a bid-and-quote process

Having the right insurance solutions can help you avoid paying out of pocket for workers’ compensation or expensive legal fees if issues arise when hiring foreign workers.

How Insurance Can Protect Construction Contractors Hiring Foreign Workers

Companies should be proactive in understanding their rights by obtaining the proper coverage before potential problems arise, especially with foreign employees

A fire hit their facility at 1:20 p.m., March 19, 2015, and Asphalt Solutions, Youngstown, OH, lost everything, including $1 million worth of equipment.

Rebirth by Fire

How Asphalt Solutions rebuilt after fire destroyed the business on the brink of the 2015 season

Risk 58d093fac61ae

How to Manage Risk Before You Start the Job

Schedule1 57f56092845b4

Tax Breaks Can Provide an Unexpected Financing Source for Equipment

Whether you’re purchasing new or used, make sure you’re in a position to use tax benefits to your advantage.

Make sure to properly track your work in progress. If all your costs – both direct and indirect – are not included in cost of goods sold, then the company’s balance sheet will be incorrect, and inevitably lead to an inaccurate profit/loss statement.

Four (Not So) Common Tax Mistakes Construction Contractors Make

Properly track your work, understand vehicle depreciation expense and know whether to use the cash or accrual accounting method will all help in avoiding tax mistakes

Eric Freeman FINAL 577c16e111cfd

How Rental Companies Can Stay Competitive With a New Approach To Financing

Some owners perceive the total equity of owned equipment as a reflection of the total value of their company, but a rental company’s value is centered around the quality of equipment they are able to provide, and how quickly they can rent it to customers.

One construction risk consultant shared that in most of the cases that he’s investigated the common thread appears to be lack of clear and strong leadership. Did you get that? That’s the senior leaders of our companies not paying enough attention to what our crews are doing.

Risk Management: Avoiding Safety Sinkholes

Three steps to protect workers and those around the work area - and limit legal fall-out - with a safety first construction project mindset

Risk management is really about more than just safety. If you're reading this article and recognizing these risks for the first time, don’t leave your reading with anything less than a commitment to make sure you are cleaning up the risk that your company might be experiencing.

A Risk Management Conversation with a Risk Management Expert

Ten tips to help construction contractors of all specialties improve their risk management

Prevention in the form of educating, reminding, and having needed safety resources and safe working equipment and tools can reduce your risk ten-fold. But, we need to clearly communicate safety and be consistent in practicing what we are preaching about safety.

Risk Management: Safety First

Risk management is essentially the effort you take as a contractor or construction leader to limit, reduce or eliminate any construction effort that would pose a safety risk

Chart1 56d74e415768f

Q4 2015 Middle Market M&A Summary

Top10 2016 700x1168 56950cc63e1ed

ELFA Announces Top 10 Equipment Acquisition Trends for 2016

Construction and other equipment sectors are poised for growth amid a moderate business investment environment

Arthur J. Gallagher & Co. Named Endorsed Broker of Insurance Program for the Concrete Foundations Association

The Concrete Foundations Association (CFA) has named Arthur J. Gallagher & Co. as its exclusive group insurance broker to implement an insurance program that will help members reduce their total cost of risk, CFA officials announced.

CONC0815 CFA Chart 55ccc9dda8045

CFA Helps Members Manage Total Cost of Risk (TCOR)

Managing risk and insurance is always in the top three expenses for a contractor and is much more than just purchasing an insurance policy. The deceiving part about purchasing insurance is that the only visible number is the premium.

Credit Conditions Ease for Equipment Buyers

Equipment financing is now readily available, but come armed with information to keep it on track.

Proxibid Brings Easy Equipment Financing to Online Marketplace

Partnership with Enverto Investment Group provides financing for equipment purchases made in the Proxibid Marketplace, via its Express financing

St. Louis Fund Providing $1M for Minority, Women Contractors

Minority and women-owned businesses will be able to apply for loans up to $1 million from new Contractors Loan Fund

The Fast Track on Funding of Equipment

Concrete Foundations Association Introduces Industry Specific Insurance Program

All reports submitted through the mobile app are geo-tagged based on a user's current location. This feature allows managers to respond to incidents faster and more accurately. In addition, the geo-tagging helps if employees forget to include location details when submitting text or photos.

App of the Week: WorkPlaceAware

Employees can now report safety hazards, incidents and near misses while on the jobsite using their mobile devices and the WorkplaceAware mobile app

The Equipment Leasing & Finance Foundation's February Monthly Confidence Index (MCI) for the $903 billion equipment finance industry showed a level of 66.3, a slight increase from the January index of 66.1, and the highest level in the last three years.

Confidence in the Equipment Finance Industry Reaches New Three-Year High

Lower energy costs could be a driving factor helping the US economy and the equipment financing and leasing sector improve in the second half of 2015