Sue McKee-Neill – SPECIAL TO CEG - Wed December 13, 2023
Ground Clearance Offers Guidance to Navigating SBA Liens, Avoiding Fraud
Remember during the pandemic when we were huddled at home uncertain about the future, the economy and when we could go back to work? The Small Business Administration stepped in and offered dirt cheap loans for 30 years....
CoFi - Tue March 22, 2022
Company Raises $7M for Construction Finance Marketplace
CoFi, a Lindon, Utah-based construction loan marketplace that provides debt financing for developers and builders across the country, recently announced it has raised $7 million in seed funding as it seeks to transform the construction financing experience for all stakeholders in the construction industry....
John Rickette, Special to CEG - Thu January 20, 2022
The CPI Index Continues To Rise: How Does This Impact Your Truck Financing?
Recent increases to the Consumer Price Index (CPI) are having a noticeable effect on costs of certain truck financing structures — but not all. Understanding these specific nuances can mean the difference of millions of dollars lost or preserved toward the bottom line of a fleet with hundreds of trucks....
Lucy Perry – CEG CORRESPONDENT - Thu November 04, 2021
Experts Discuss Tips to Keep Cash Flowing
Cash flow is always an issue in the construction business, but this year it's magnified by the pandemic, materials prices and supply bottlenecks. This year's cash flow and payment report from Levelset found that only one in 10 contractors get paid in full....
Volvo - Fri November 06, 2020
Volvo Group Launches Green Finance Framework
Volvo Group launched a Green Finance Framework for the financing of investments and projects in the area of clean transportation. The framework is classified as Dark Green by the Center for International Climate and Environmental Research (CICERO Shades of Green)....
Kate Fox Wood, AEM Senior Director, Government Relations - Tue June 16, 2020
Jumpstarting the COVID-19 Recovery: Equipment Manufacturers and Infrastructure Play Key Roles
Equipment manufacturers, now more than ever, are doubling down on efforts to communicate to lawmakers about the important role federal infrastructure investment should play as part of our national economic recovery from the coronavirus pandemic....
ARTBA - Wed June 10, 2020
First-of-its-Kind Dashboard Tool Highlights Benefits of Federal Highway Investment
States leveraged $31 billion in federal funds to advance $66.5 billion in highway improvements during fiscal year (FY) 2018, according to an interactive tool that for the first time provides the American public and elected officials a clear look at how and where each state invests its transportation tax dollars....
Michael G. McNally, Fox Rothschild LLP - Wed June 10, 2020
What Construction Companies Need to Know About COVID-19 Related Layoffs and Multiemployer Pension Plan Withdrawal Liability
The COVID-19 pandemic has dramatically impacted the construction industry with international and domestic supply chains shut down, jobsites closed and projects delayed or outright cancelled. In response many construction companies have implemented workforce reductions....
SC DOT - Tue May 26, 2020
SCDOT Releases Initial COVID-19 Financial Impact Projections
The South Carolina Department of Transportation (SCDOT) has released its initial projections of the financial impact of COVID-19, indicating a decrease in agency revenues based on expected reductions in gas tax and car sales tax receipts....
Ritchie Bros. Auctioneers - Thu May 14, 2020
Ritchie Bros. Reports Q1 2020 Results
Ritchie Bros. Auctioneers Incorporated reported the following results for the three months ended March 31, 2020:Net income attributable to stockholders increased 26 percent to $22.8 million compared to $18.2 million in Q1 2019....
