Snap.Build Blog

Why Do Builders Have a Hard Time Securing Loans From Banks?

Why Do Builders Have a Hard Time Securing Loans From Banks?

As a residential builder, you know how difficult it is to construct a new property. You have to develop the plans, obtain permits, hire contractors and subcontractors, order materials and so much more. Yet, before you can even lay the foundation for a new construction...

The Power of Non-Recourse Loans for Builders

The Power of Non-Recourse Loans for Builders

When builders need to secure financing for their home construction projects (including spec construction projects), the traditional lenders have all of the power. The lender not only has the money - they can also potentially impact the builder’s personal finances if...

Stay Funded And Build More Houses

Stay Funded And Build More Houses

Record high inflation is not just having a negative impact at gas pumps and checkout lines. It’s also hurting the home construction industry. In the past year, the cost of construction materials and labor has soared. These steep prices forced every contractor and...

Managing Employee Health of Your Construction Workers

Managing Employee Health of Your Construction Workers

It’s no surprise that construction is a dangerous industry. Tens of thousands of construction workers are injured on the job each year, and according to OSHA, one in five job-related deaths in 2017 were in construction (roughly 1,000 per year). Those in construction...

Strategies to Help Your Workers Become More Efficient

Strategies to Help Your Workers Become More Efficient

Thriving builders will seek every avenue available to maximize construction project profitability, whether it’s finding new ways to reduce construction budgets or taking every measure possible to avoid construction mistakes. But don’t forget the power of increasing...

How to Reduce Construction Budgets

How to Reduce Construction Budgets

A crucial objective for any builder is to figure out how to increase the profitability of new construction projects. While we do provide guidance on how to reduce construction mistakes and avoid cost overruns, it is ultimately up to each builder to decide what their...

5 Mistakes Construction Companies Make

5 Mistakes Construction Companies Make

Anyone who has spent time in the construction industry knows that construction mistakes are inevitable. Mistakes while building can be costly and major hassles, but mistakes on the business side can be even worse. Depending on the issue, the impact could range...

5 Reasons for Cost Overruns in Construction Management

5 Reasons for Cost Overruns in Construction Management

As a builder, breaking ground on a new construction project can be both satisfying and nerve-wracking. From the beginning, you know you’ve done your best to plan ahead and ensure a smooth project however, in the back of your mind, you know that things can and often do...