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Contractors Discuss Rising Construction Costs

General contractors and subcontractors across the nation are witnessing increases in construction costs, be it for department of transportation contracts or commercial, industrial, institutional and residential projects....


Daily, Weekly, Monthly or Quarterly: Which Type of Loan Repayment Works Best?

One of the most important considerations is the repayment schedule offered by your lender when deciding to finance a piece of equipment or inquiring about a working capital loan. Weighing the options for repaying your loan is an easy way to gain control of your business' cash flow and flexibility in your finances is critical to running your business efficiently....


Utah Maintains AAA Credit Rating, Saves Money on Projects

Gov. Gary Herbert and Treasurer David Damschen announced that S&P Global, Moody's Investors Service and Fitch Ratings have reaffirmed the State's AAA credit rating — the highest rating a state can receive....


Eight Reasons to Finance Equipment for Your Business

The vast majority (78 percent) of U.S. businesses of all sizes – from small entrepreneurs to Fortune 100 companies – in all industries – from construction to healthcare – lease or finance their equipment....


Multi-Employment Pension Proposal Will Bring More Construction Firms, Workers into Stable, Comfortable Retirement Plans 

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement in reaction to the introduction of H.R. 4997, the Giving Retirement Options to Workers Act of 2018, or GROW Act for short by Congressmen Phil Roe and Donald Norcross:"This new Congressional proposal provides attractive new options for many firms that are looking to offer good retirement benefits without incurring the liability that comes with traditional defined benefit plans....


Construction Spending on the Rise, According to Latest Report

Construction spending increased for a fifth consecutive month in December as private residential and nonresidential investment for the year topped 2016 totals, while declining infrastructure spending dragged down public-sector outlays, according to an analysis of new government data by the Associated General Contractors of America....


Which Type of Loan Repayment Will Work Best for Your Working Capital and Equipment Needs?

One of the most important considerations is the repayment schedule offered by your lender when deciding to finance a piece of equipment or take out a working capital loan. Weighing the options for repaying your loan is an easy way to gain control of your business' cash flow and flexibility in your finances is critical to running your business efficiently....