TGUC and CUCollaborate Partner to Boost Lending Access
TGUC Financial and CUCollaborate have announced a strategic partnership to enhance home improvement lending for credit unions, particularly those serving Low-Income and CDFI-designated communities. By integrating TGUC’s point-of-sale lending platform with...
What is Contractor Financing?
If you’re a contractor or a homeowner planning a construction or renovation project, you’ve likely heard the term contractor financing as a neat solution is you’re unable to secure other types of loans like SBL (small business loan) and mortgages. Many banks...
Understanding Contractor Survival and Failure Rates: A Comprehensive Guide
Let’s face it – the construction industry can be brutal. The statistics are sobering: about one in five construction businesses fail within their first year, and more than half don’t make it to their fifth anniversary. But why? And more importantly,...
Beginning of the Year Checklist for Contractors
Let’s face it – when you’re knee-deep in projects, the last thing on your mind is administrative planning. Taking the time at the start of the year to get organized is a necessary investment to ensure your business’s success. We’ve...
Contractor Loans vs. Personal Loans: Which is Better for Your Project?
When it comes to financing a construction or home improvement project, choosing the right type of loan is crucial. Two popular options are contractor loans and personal loans. But which one is better for your project? In this article, we’ll compare the pros and cons...
Optimizing Cash Flow: Contractor Financing Options for Customer Projects
Optimizing Cash Flow: Contractor Financing Options for Customer Projects As a contractor in the construction industry, maintaining healthy cash flow is crucial, particularly given the often lengthy payment cycles associated with such projects. Small and medium-sized...
The Life Expectancy of Home Features
Owning a home is a significant investment, and like any investment, it requires ongoing maintenance and occasional upgrades. Understanding the typical lifespan of various home features is crucial for effective budgeting and proactive maintenance planning. Knowing when...
5 Brilliant Countertop for Your Indoor Kitchen
5 Brilliant Countertop Options for Your Indoor Kitchen Your kitchen is the heart of your home, a space where culinary creations come to life and memories are made. And amidst all the hustle and bustle, your countertops endure it all – from sizzling pans to spilled...