Building and Increasing the Profitability of Your Painting Business
Profitability is a bottom line for a successful painting business. Click here for a step-by-step process and tips for creating a profitable painting business.
How to Launch Your Flooring Company Profitability Through the Ceiling
Click here for tips and a step-by-step process for increasing and maintaining profit margins for your flooring business.
Does the Cost of Lumber Signal an Impending Recession? A Historical Perspective
Does the cost of lumber historically predict economic recession? This article unpacks the connection between the two.
Construction Receipt Tracking: Why it’s Different, Why it’s Difficult, and How to Make it Easier
Receipts are almost impossible to track during a construction project. With so many hands in the pot, things always get missed. Be better with Flexbase.
Construction Marketing: Making a Plan to Increase Your Business
You’re ready for growth, but you need a plan. Our 7-minute per week marketing strategy can help to grow your contractor business by 30%.
6 Solvable Complaints About Cash Flow That Every Construction Owner Has
Cash flow is usually the biggest problem in construction. Check out these 6 complaints about cash flow and how you might solve them.
Construction Interview Strategies: Questions You Should Be Asking Your Potential Hires
Are you wondering how to improve your interview skills? Click here to discover the top 3 interview questions construction business owners must ask.
Creating an Effective SEO Strategy for Contractors in Just 12 Minutes a Week
Contractors are busy! But even the busiest contractor can effectively grow their businesses in just 12 minutes a week when following this simple strategy.
5 Reasons Why the Flexbase Card Is Better Than the One You Are Using
The Flexbase card is the only credit card designed to meet the unique cash flow and credit challenges of the construction industry. Click here to learn more.
AIA Billing Software: Is It Necessary?
AIA progress billing can be confusing and intimidating. Is AIA billing software the answer? Not necessarily. Learn how Flexbase can help streamline your AIA billing.
A List of 7 Things You Can Do With a 10x Credit Card Limit
Do you need a higher credit limit to fund your average growing business? Here are 7 things you could do with 10x the credit card limit.
2 Ways Finance and Credit Card Companies Screw Over Construction Companies
Are traditional credit card companies hurting your construction business? Learn why your credit card company might be a bad choice for business.
Application for Payment: Construction Industry — An Overview
What is a payment application in construction? What is typically requested as part of a pay app? Construction industry professionals at Flexbase have the answers.
Construction Company Owners Share Their Best Hiring Experiences
We interviewed four construction businesses about their best hiring experiences. Click here to read more.
Navigating Bad Credit Construction Equipment Financing: Your Questions Answered
Do you have bad credit? Construction equipment financing can become a headache. Click here to find out how Flexbase can help you get your financing approved.
The Most Prevalent Issues Construction Companies Face Today
We asked construction company owners the biggest issues they face in their businesses. Click here to learn more.
What is the best invoicing software for contractors?
Looking for a construction invoice software program? Learn how Flexbase is revolutionizing the industry with its holistic billing software.
Licensing and Registrations: A Guide to Becoming a California Contractor
Are you looking to become a California contractor but don’t know where to start? Learn more about licensing and the laws you need to be aware of.
Best Neighborhoods in Houston for Construction Companies to Target Right Now
Click here to learn about the 5 best neighborhoods in Houston your construction company should be targeting right now.
Know Your Options: When to Capitalize Insurance Costs During Construction
Confused about whether insurance is included in capitalization costs? We’ll clue you in on this as well as the basics of capitalization in construction.
What Are the Best Marketing Strategies for Contractors? We Asked 4 Businesses
We interviewed 4 contractors to figure out which marketing strategies have made the biggest impact on their business. Click here to learn more.
Keep Your Cash Flow with Construction In-Progress Payments
Concerned about maintaining cash flow during construction? In-Progress billing may be the answer. Click here to learn more.
Analysis: How Climate Change Will Create a Booming HVAC Market in the USA, Especially in These 2 Metro Cities
Climate change will have a massive impact on the HVAC market. How exactly? This analysis shares some data-driven predictions.
Concurrent Delay in Construction Explained
Defining concurrent delay in the construction industry isn’t easy. Claiming concurrent delays can be even harder. Learn more about this abstract contract term here.
The Evolution of Construction Accounting
Are you worn out from trying to keep up with your company’s expenses? This article will cover construction accounting and how you can simplify the process.
What Is a Certificate of Occupancy and Why Is it So Important?
Do you need to submit a Certificate of Occupancy? Here, we explain what it is, why it’s important, and how to get a Certificate of Occupancy.
What is a Conditional Lien Waiver? How it Works and When to Use One
Understanding how to fill out a conditional lien waiver can be tricky. We outline what a conditional lien waiver is, how it works, and when to use one.
An Affordable Alternative to Hiring a Construction Attorney to Manage Issues of Non-Payment
Are you struggling with the cost of potential construction attorney fees but need to take action against unpaid invoices? Learn how Flexbase can help.
Construction All Risk Insurance: How to Protect Your Construction Business With the Right Coverage
Need information on construction all risk insurance? Learn how it can help to protect your business from loss in the event of a construction accident.
Construction Cash Flow Successes and Failures
We interviewed three construction businesses on their personal successes and failures regarding cash flow. Click here to read more.
Keep Up With Industry News by Checking in With the Best Construction Blogs
A construction blog can be a great way to follow up-to-date news in the industry. We’ve compiled a list of 20 blog resources to choose from.
Making a Construction Budget That Will Set You Up for Success
The construction budget is the foundation of every project. This guide walks you through how to create a budget that will set you up for success.
5 Solutions to Common Construction Cash Flow Problems
You’re no stranger to construction cash flow problems. In this guide, we review common problems and solutions so you can stay on top of your cash flow.
Understanding Construction Contract Disputes and Resolution
Learn the types of construction contract disputes and resolution methods, so you can make an informed decision for your next project.
Construction Contract Review Checklist: How to Make Sure Your Contract Is in Order
Why do you need a construction contract review checklist? What should it include? Read on to learn more.
How to Improve Construction Expense Management
Managing construction expenses can be challenging. Here are 7 ways you can improve your construction expense management and how the Flexbase card can help.
What Is Included in a Construction Estimate Template?
A construction estimate template is crucial to staying on-budget, but what to include in the template will vary by project. Click here to learn more.
Answering your construction equipment funding questions flexbase
Considering applying for construction equipment financing? Our guide provides answers to the most common questions and a simple one-click funding solution.
An outline of construction industry payment terms flexbase
Construction payment terms can vary widely between contracts, but there are several payment terms that tend to be widely used. Learn more with Flexbase
Construction Joint Check Agreement Forms: How They Work and Why They’re Needed
Construction joint check agreements can be vital tools in the building industry. Find out all you need to know about them here.
A Deep Dive Into Construction Insurance: Types, Coverages, State Requirements & More
Unsure if your construction business is fully-covered? Learn about the types of construction insurance, costs, state requirements, and other coverages to consider.
Navigating Construction Insurance Claims
Construction insurance claims can be difficult to deal with. Click here to learn more about how to overcome common challenges.
Construction Invoice Factoring: What it Is, Who Needs it, and How to Avoid it
Learn how construction invoice factoring works and how it can help construction businesses get cash based on the value of their receivables.
Construction Invoice Template
There are many options for construction invoice templates. How do you know which templates are comprehensive and of high quality? Flexbase can help.
Best Practices For Construction Payment Management
Timely payments are essential, so smart construction payment management is vital. Here, we outline best practices so you can get paid faster.
Recession Indicators for Construction + Actionable Tips - Flexbase
Are we approaching a construction recession? Here are some potential indicators to look out for as well as some actionable tips.
Construction Punch List: What Is it and How Do You Manage One?
What is a construction punch list? Why is it important? How is it managed? How can a punch list expedite payment? Flexbase answers these questions and more.
Construction Specifications: An Important Part of Construction Contracts
Writing construction specifications is an important part of the construction process. Learn the types of specifications and who is responsible for them.
A Guide to Addressing the Cost of Change Orders in Construction
The consequences of the cost of change orders in construction can be felt directly and indirectly. Learn how to reduce the impacts of change orders on your project.
Your Comprehensive Guide to Creating and Using a Construction Schedule
What is a construction schedule? Why are construction schedules important? How are they created? Flexbase answers these questions and more
General Contractor vs. Subcontractor: Key Differences, Roles, and Responsibilities
What is the difference between a contractor and subcontractor on a construction project and what unique challenges do they each face with payment collection?
What Is A Cost-Plus Contract? What Is Included, Pros and Cons, and When To Use One
Wondering how a cost-plus construction contract works? We outline cost-plus contract pros and cons and include a cost-plus construction template.
Evaluating the Pros and Cons of Accepting Payments Via Cryptocurrency for Construction Industry Stakeholders
Are you considering implementing a policy to accept cryptocurrency within your construction company? Learn more about the pros and cons here.
Favorite Technologies Among the Construction Industry and Why
We interviewed construction company owners to find out their favorite construction technologies and why they love them. Click here to learn more.
How to Leverage Electrician SEO Like a Pro
Electrician SEO marketing can make a huge difference in your digital presence, phone calls, leads, and sales. Click here to learn how to implement SEO strategies like a pro.
Funding for construction companies: a guide flexbase
Facing challenges with funding for construction projects? Flexbase provides insight into the difficulties contractors face when applying for financing and a quality solution.
How Will COVID Vaccination Mandates Affect Houston Construction Companies?
As the government continues to battle over COVID-19 vaccination mandates, construction companies in Texas are left wondering what will become of the industry.
Understanding General Conditions: Construction Contracts and What Should Be Included
General conditions must be included in every construction contract. Learn about general conditions, construction language, and what to look out for.
How Do You Expect Your Construction Company to Evolve Over the Next 5 Years?
From evolving technologies to rising materials costs, construction companies are facing a rapidly changing landscape. Where will your construction company be in 5 years?
How Does Funding For Commercial Construction Work?
Acquiring funding for commercial construction projects isn’t an easy process. Set yourself up for success with our guide and learn how Flexbase can help.
Managing Construction Finances and Cashflow in 2022
We interviewed construction company owners to learn more about how they handle the financial side of their business. Click here to learn more.
Construction Labor Shortages and the New Hiring Tool for Construction Owners That Offers a Solution
Labor shortages are becoming a real problem for construction companies, leaving construction owners wondering where to find good help. Hammr can help. Learn more.
Construction Company Owners Share How They Use Data for Better Business
We interviewed construction company owners to find out how they utilize data for their construction company. Click here to learn more.
Wondering How Much Construction Companies Pay in Credit Card Interest Each Year? Spoiler Alert - It’s a Scary High Amount!
Have you ever wondered how much construction companies pay in credit card interest each year? Read on to find out.
Understanding How To Find Legal Property Description and Why it Matters to Contractors
When it comes to filing a mechanics lien in construction, knowing how to find legal description of property is critical. Find out how with Flexbase.
8 Strategies to Grow Your Plumbing Business Exponentially (Without Breaking Your Business) 🚀
Are you looking for tips to take your business to the next level? Click here to learn 8 bulletproof tips on how to grow a plumbing business.
How to Get a Construction Loan With Bad Credit: What You Need to Know to Improve Your Chances
Is bad credit hindering you from obtaining a construction loan? Learn how to improve your credit and your chances of getting a construction loan.
Building and Increasing the Profitability of Your Electrical Business
Profitability is a bottom line for a successful electrical business. Click here for a step-by-step process and tips for creating a profitable electrical business.
How Long Does a Contractor Have to Submit an Invoice? Here’s What You Need to Know
Click here to learn how long a contractor has to invoice and the simple solution for sending out contractor invoices on time to avoid not receiving payment.
Tools and Tips for How to Grow Your Construction Company
Learning how to grow a construction company can be a tall task. We’ll share tools and tips to keep in mind as you’re expanding a construction business.
Learn How To Take Your HVAC Business to the Next Level With These 8 Strategies
How do you grow an HVAC business without breaking speed? Click here for eight dynamite tips on how to grow your HVAC business.
Your Guide on How to Prepare Bill of Quantities in Construction
A bill of quantities is important for tendering. You want to have a close estimate of costs. Learn how to prepare a bill of quantities in construction.
An In-Depth Guide on How to Start an HVAC Business in 9-Steps
Starting a HVAC business is hard work. Click here for a 9-step guide on how to get your company up and running.
8 Strategies to Take Your Electrical Business to the Next Level (Without Short-Circuiting Your Business)
How do you grow an electrical business without breaking speed? Click here for 8 dynamite tips on how to grow your electrical business.
A 9-Step Guide on How to Start Up an Electrical Business
Starting an electrical business is hard work. Click here for a 9-step guide on how to get your company up and running.
How to Bring Your Vision of Owning an HVAC Business to Life With an Effective HVAC Business Plan
If you need help writing a business plan for your new HVAC company, we’ve got you covered. Click here for an HVAC company business plan sample
How to Market an Electrical Contracting Business: 6 Strategies to Power Up Your Marketing Plan
Do you need help boosting your marketing for your electrical business? Click here for 6 high-powered electrical business marketing strategies.
How to Start Up a Plumbing Business
Starting a plumbing business is hard work. Click here for a 9-step guide on how to get your company up and running.
What Is an Income Statement for a Construction Project and How Is It Used?
We explore exactly what an income statement for a construction project is, how it’s used, and why it’s important.
How to Develop a Profitable HVAC Business
Is your HVAC business profitable? Click here for tips and a step-by-step process to developing a profitable HVAC business.
Independent Contractor Laws for Construction that Could Be Problematic for Owners
Learn who qualifies as an employee and an independent contractor so you can be sure to classify your team correctly and avoid any penalties.
HVAC SEO Strategies You Need to Implement Right Now
SEO for HVAC companies can increase your digital presence, phone calls, leads, and sales. Click here to learn how to implement HVAC SEO marketing like a pro.
6 HVAC Marketing Ideas to Level-Up Your Business
Marketing is essential in getting a consistent stream of high-quality leads. Click here for 6 bullet-proof HVAC marketing strategies.
Biden's Infrastructure Bill: What It Is and What It Might Mean for Contractors in Houston
Wondering how Biden’s infrastructure bill might affect business? We’ll look at the American Jobs Plan and what it may mean for contractors in Houston.
Inflation and the Construction Industry: The Impact and What May Lie Ahead
Construction companies have felt the brunt of inflation. Click here to learn the impact and how to help your construction business navigate the trend.
Is the Construction Boom Dwindling in Houston? Read What Experts Are Saying
After over a decade of meteoric rising, the Houston construction market is now in a place of uncertainty. Find out what the experts say about what to expect next.
Master Service Agreement in Construction: How It Can Benefit Your Business
Wondering how a master service agreement in construction can benefit your business? Learn the pros, cons, and other important details here.
A guide to understanding a mechanics lien foreclosure
Is filing a mechanics lien foreclosure lawsuit beneficial? If so, how do you foreclose on a lien? Flexbase experts answer these questions and more.
Mechanics Lien vs. Judgement Lien: Two Types of Property Liens Compared
Learn the differences between a mechanics lien and a judgement lien. We explain when and why each is placed, and who’s responsible for filing the liens.
Understanding and Negotiating Construction Contracts: Top Tips and Considerations
Are you looking to improve your construction contract negotiation skills and tactics? Click here to learn our construction contract negotiation tips.
Advantages and Disadvantages of a Lump Sum Contract in the Construction Industry
Know your construction contract options. Learn more about lump sum construction contracts: when to use them, advantages and disadvantages and more.
Notice of Completion in Construction Work: What It Is and Why You Need to Use One
Do you need to submit a Notification of Completion Form? Here, we explain what a Notice of Completion is and why it’s important.
Business Credit Cards and Personal Liability: What That Means and Why It’s a Bad Idea
Many business credit cards come with personal liability. Learn about business credit cards, personal liability, and another option with the Flexbase credit card.
Construction Industry Contracts: Paid-When-Paid Law
Learn how pay-when-paid clauses affect payments and cash flow in the construction industry and what steps you can take to protect your working capital.
How to Create a Marketing Strategy for Your Plumbing Company: 6 Great Tips to Get Business Moving
Are you building a marketing plan for your plumbing business? Click here to learn 6 sure-fire marketing strategies and how to implement them.
What Effects Can Houston Businesses Expect From Omicron
We’re providing insights on what construction companies in Houston should expect as the Omicron variant continues to infect people throughout the U.S.
What You Need to Know About Prevailing Wage Laws in Construction
When it comes to prevailing wage laws in construction, you must be compliant. Click here to learn more about the easiest, pain-free way to prove prevailing wage compliance.
How to Build, Maintain, and Increase Profitability for Your Plumbing Business
Profitability is the bottom line for a successful plumbing business. Click here for a step-by-step process and tips for creating a profitable plumbing business.
How to Write a Plumbing Business Plan
Need help figuring out how to write a business plan for your plumbing company? Click here for a free plumbing business plan template.
Frequently Asked Questions
Flex is a financial technology company that aims to build a finance super-app to consolidate all the financial services and workflows required to effectively build, manage, and protect business owners’ finances in one platform.
Flex’s core components are:
- Flex Banking
- Flex Commercial Credit Card
- Flex Treasury Management
The Flex Commercial Credit Card or Flex Card is a corporate card that comes with 0% interest for 60 days on every single purchase. With Flex, businesses can get unlimited employee physical and virtual cards with category and spending limits to manage business expenses in real-time. Unlike other corporate cards, Flex has no monthly or annual maintenance fees and no late fee charges. Flex offers credit limits that grow as a business grows.
Flex Cards are available to businesses operating within the United States (except CA, NV, SD, ND, and VT) and Puerto Rico.
Flex Banking enables businesses to create multiple free accounts under one entity for increased agility.
Flex Banking gives businesses up to 4% yield on idle cash. There are no annual, monthly, or late fees and wire transfer, ACH, and insufficient fund fees are a thing of the past. Flex’s debit cards offer 1% cashback on most transactions.
The Flex Banking Debit Card is issued by Thread Bank, member FDIC.
Flex’s Treasury management, through partner ADM, enables businesses to diversify cash across multiple banks and eliminate bank-run risk. Flex customers can access up to $75M in FDIC insurance through Flex Treasury Management. With Flex Treasury, funds are spread across up to 400 FDIC-insured banks to maximize FDIC insurance.
At Flex we understand that cash flow is one of the biggest problems facing businesses today. With that in mind, we created a corporate card with extended payment terms. You have at least 60 days to pay at 0% interest on every transaction you make on the Flex card.
How does it work?
Payments are due twice per month, on the 15th and the last day of the month, for the two-week period 60 days ago.
- Purchases made from 04/01 to 04/15 are due on 06/15
- Purchases made from 04/16 to 04/30 are due on 06/30
- Purchases made from 05/01 to 05/15 are due on 07/15
- Purchases made from 05/16 to 05/31 are due on 07/31
Nothing! Flex is a no-charge product.