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May 13, 2019 at 10:46 pm
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In the good old days we did a lot of construction finance with 30, 60 and 90 day bank bills. I’m not sure if they’re even still a “thing”, but probably need the asset backing anyway.
I like [USER=68089]@LukeHally[/USER] ‘s idea, the subbies are your best bet as a kind of equity partner. What usually happens if you win a tender and can’t cash flow it they take it in the neck anyway, as it’s the 30 day suppliers that will crush you first…seems they at least would get a bonus for waiting.