NTLA Releases Research Showing 6.4 Million Americans Did Not Pay Their Property Taxes in 2019

NTLA Foundation

Brad Westover, NTLA Executive Dir. & Founder, NTLA Foundation

Unpaid property tax bills left America’s cities and counties with a financial shortfall of more than $15.7 billion

Nobody wants higher taxes with this new economy… Delinquent taxpayers generally have 2-3 years to pay which over 99% of them eventually do without facing losing their properties.”

— Brad Westover, NTLA Executive Director & NTLA Foundation Founder

JUPITER, FL, USA, June 30, 2020 /EINPresswire.com/ — The National Tax Lien Association (NTLA), the #1 educator and non-profit tax sale trade association, recently released research that shows how many property owners failed to pay their taxes on time; additionally, how much each US state is owed from the non-payment of property taxes. The report release in June 2020 does not take into account a predicted 30% increase in delinquent taxpayers as a result of the COVID-19 pandemic.

The data, aggregated by Brad Westover, NTLA Executive Director and Founder of the NTLA Foundation, demonstrates the ill effects of what a $15 billion budget deficit creates on local governments if no mechanism existed to collect these delinquent taxes. With $15 billion dollars, America could build 333 new high schools or pay 300,000 more high school teachers’ salaries!

Currently, 30 US states sell tax certificates to the private sector, in 2019 alone, over $4.3 billion of lost revenue was recouped to fill local government budgets. These funds go directly to fund public schools, emergency services, etc. More cash-strapped states and local governments will turn to tax sales to avoid defaulting on their obligations or cutting school funding.

“The NTLA has a responsibility to report on the ramifications and imminent repercussions that will occur in 2020-2021 as a result of the current social and economic issues the United States faces from COVID-19,” said Westover. “This report will establish the ‘pre-COVID’ baseline by which the economic hardship of the Coronavirus will be measured against for years to come. Next year will likely reach a historic high in America of $20.5 billion in unpaid property taxes.”

“The good news for the 30 states that do sell delinquent taxes is that they have an effective tool to recoup lost revenue without raising taxes,” continued Westover. “Nobody wants higher taxes with this new economy—and the icing on the cake is delinquent taxpayers generally have 2-3 years to pay which over 99% of them eventually do without facing losing their properties.”

“If there ever was a win-win solution with the private sector and public sector working together, this is it!” remarked Ted Doman, NTLA President. “Governments have funds to operate and investors lend money for a time for delinquent taxpayers to recover.”

To read the full report, click NTLA 2020 MARKET RESEARCH REPORT.

# # #

About the NTLA
The National Tax Lien Association (NTLA) was founded in 1997 as the not-for-profit trade association for the tax sale industry. It is dedicated to representing the interest of investors, lenders, service providers, and government officials regarding tax sales, as well as promoting the benefit of those sales as reliable income for municipal, county, and state budgets. The NTLA provides networking and training opportunities for professionals and novices in the tax sale industry. For more information, visit the NTLA site at www.NTLA.org.

About the NTLA Foundation
The NTLA Foundation was established to provide economic relief to individuals and families—namely the elderly, disabled veterans, and others—who are in hardship in danger of losing their properties to tax foreclosure. For more information, visit the NTLA Foundation site at www.ntlafoundation.org. You can help. Donate today.

Lanny Morris, Dir. of Communications
National Tax Lien Association (NTLA)
+1 561-449-2484
email us here
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Source: EIN Presswire

North Texas Property Management, the Leader in Residential Property Management for Plano Announces New Blog Posts

North Texas Property Management

The company is adding new posts to help busy investors understand how to find a best-in-class property management company.

Our blog helps investors keep their eye on news and opportunities in these key suburbs north of Dallas.”

— Jason Marascio

PLANO, TEXAS, UNITED STATES, June 30, 2020 /EINPresswire.com/ — North Texas Property Management is proud to announce new posts to its lively blog helping investors understand residential property opportunities in and around Plano, Texas, including communities such as McKinney or Carrollton. The posts, as well as new additional listings, showcase the company's leadership and how busy investors like to North Texas Property Management when seeking out best-in-class property managers for single-family home and residential properties.

"We live in turbulent times, to say the least, " explained Jason Marascio, CEO of North Texas Property Management. “Our blog helps investors keep their eye on news and opportunities in these key suburbs north of Dallas. Everyone is urged to read our blog, and then reach out to us for a consultation on how we can help them with their property management needs."

Persons who would like to read the blog can visit it at https://www.ntxpm.com/blog/. A sample post explains that the company serves two key stakeholders: first, the investor/owner of a single-family home, and second, the renter. The company brings its expertise to the table, helping investors to maximize their investment while keeping renters at maximum happiness. The company has become known by investors and renters alike as the best property management company in the area. Indeed, one can simply visit its Google My Business reviews to learn why so many people consider the company as the only logical choice for property management services.

In addition, the company has rolled out new city-specific pages on property management services. For example, interested persons can learn more at the following, URLS: 1) Garland at https://www.ntxpm.com/garland/; Mesquite at https://www.ntxpm.com/mesquite/; and Carrollton at https://www.ntxpm.com/carrollton/. Each page offers a plethora of city-specific information that can help a busy investor find a property management service that not only knows but is passionate about his or her community. But nonetheless, a serious investor is urged to visit the website and reach out for a confidential consultation on possible services.


Here is the background for this release. While Dallas is the crown jewel of the DFW area, recent years have seen a steady expansion in the booming suburbs north of the city. The real estate market in cities as diverse as Plano, Carrollton, and McKinney has bolstered single-family home prices and created opportunities for "buy and hold" investing when it comes to real estate. Even with the Coronavirus, investors are holding on to properties as they expect a rebound in appreciation in the coming months and years. Moreover, persons who want to sell their home can visit the company's sister website at https://www.webuynorthtexashomes.com/ which focuses on buying Plano homes, fast.


North Texas Property Management Company (http://www.ntxpm.com/) is a top-rated property management company servicing the needs of rental property owners in the North Dallas area of North Texas. The property management company serves Plano, Texas, as well as McKinney, Richardson, and Allen. Surrounding areas in the North Dallas area are also supported. Real estate investors and rental property owners who need a property management company can rely on NTPM to care for, maintain, and manage their rental homes.

Lee McDonald
JM Internet Group
+1 415-655-1071
email us here

Source: EIN Presswire

PropMix integrates with ACI to deliver Appraisal Analytics via ACI Report

This integration begins our journey together to deliver PropMix’s growing analytics and AI capabilities to help appraisers increase their productivity.”

— George Opelka, General Manager at ACI

NEW YORK, NY, UNITED STATES, June 30, 2020 /EINPresswire.com/ — PropMix.io, a real estate analytics and artificial intelligence company with solutions for lenders, appraisers, and realtors, today announced an integration with ACI, a member of the First American (NYSE: FAF) family of companies and leading solutions provider in the valuation industry for over 30 years, to deliver Market Conditions Advisor (MCA) via ACI’s appraisal software platform, ACI Report. The integration enables appraisers to access residential valuation data and insights seamlessly from the ACI Report platform.

MCA is a residential real estate appraisal analytics platform powered by curated real estate data and artificial intelligence. It provides single search access to listing data from any number of listing data sources and public record data including deep property history without having to download & import data from MLSs. Appraisers can easily generate an inventory analysis and include local market insights in their appraisal reports.

“We are excited to offer our appraisers a single integrated platform to research and pull real estate market data directly into ACI Report,” said George Opelka, general manager at ACI. “This integration begins our journey together to deliver PropMix’s growing analytics and AI capabilities to help appraisers increase their productivity.”

ACI users can now seamlessly launch MCA to perform market analysis, research property history, run inventory analysis, and make value adjustments. MCA also delivers fully automated image labeling using its AppraisalVision service. At the click of a button, data, insights, photos and charts are imported straight into the ACI form for the appraiser to complete and submit.

MCA is a rapidly evolving platform with new analytics and insights being introduced based on real world appraiser needs. “We are thrilled to integrate with ACI to deliver MCA via one of most ubiquitous appraisal platforms,” said Daniel Mancino, vice president of data solutions at PropMix. “MCA’s goal is to improve the accuracy, transparency and accountability of appraisals by augmenting the appraiser’s market insights. ACI customers can sign up here for an MCA account https://appraise.propmix.io/signup?source=firstam.”

About ACI
ACI specializes in creating innovative workflow solutions for real estate appraisers, appraisal management companies and financial institutions. Backed by analysis-driven tools and industry expertise, ACI’s cloud-based and enterprise software applications empower stakeholders with a streamlined approach to managing forms, rules and data, while operating with audit-ready transparency and compliance. Through visionary leadership and dedication to client service, ACI has served as a reliable and driving force in the valuation industry for nearly 40 years. Headquartered in Palm Coast, Florida, ACI is a member of the First American (NYSE: FAF) family of companies. For more information, visit http://www.aciweb.com.

About PropMix
PropMix.io LLC, is a real estate data, insights, and solutions company with deep experience in commercializing Artificial Intelligence. PropMix’s platform and solutions are widely used by mortgage lenders, appraisers, realtors, and investors. Built on industry open standards, PropMix.io empowers users to engage with data, make decisions using insights and build the real estate technology of the future. PropMix was founded in 2016 and is headquartered in New York. http://www.propmix.io

Sakeer Hassan
PropMix.io LLC
+1 732-979-9507
email us here

Source: EIN Presswire

The Opening of Hotel NEO Puri Indah Jakarta

Archipelago International, Southeast Asia’s largest privately-owned and independent hotel management group

Archipelago International

Hotel NEO Puri Indah Jakarta

Hotel NEO Puri Indah Jakarta

Archipelago International continues the expansion of its innovative and highly popular Hotel NEO brand with the opening of Hotel NEO Puri Indah in Jakarta.

Our latest addition is a great fit in the vibrant Puri Indah neighborhood with its many attractions and shopping options nearby. Stay tuned for more future NEOs opening near you.”

— John Flood

JAKARTA, INDONESIA, June 30, 2020 /EINPresswire.com/ — Archipelago International, Southeast Asia’s largest privately-owned and independent hotel management group, continues the supersonic expansion of its innovative and highly popular Hotel NEO brand with the opening of the new Hotel NEO Puri Indah in Jakarta. This marks the 25th Archipelago hotel in the capital alone.

The new NEO comes with 96 open-space, uncluttered guest rooms, each featuring LED TVs with international & local channels, workstations with universal outlets, a mini-fridge, tea-coffee makers and ensuite bathrooms. A casual restaurant and a swanky rooftop lounge with live music add to the exciting offerings, while business travelers will appreciate the two modern meeting rooms that can be combined into one.

‘NEO is probably one of the most misunderstood hotel brands in the market, which in itself is a key unique selling point. While this may sound contradictory, it’s pretty simple: The brand is purposely ‘mispositioned’ within the typical hotel classification, making it an attractive choice near both ends of the price spectrum. What’s more, it is a ‘modernistic’ hotel, a place with a modern and futuristic narrative. A visionary, imaginative brand, that creates curiosity and dreams. One NEO trademark is the convenient and popular location and with that in mind, our latest addition is a great fit in the vibrant Puri Indah neighborhood with its many attractions and shopping options nearby. Stay tuned for more future NEOs opening near you.’ says John Flood, President & CEO of Archipelago International.


About Archipelago International
Archipelago International operates Indonesia's largest portfolio of over 150 hotels with a further 50+ currently under development across Southeast Asia, the Caribbean and the Middle East. With 20,000 rooms in more than 60 destinations, the Group's high-end to budget brands include ASTON, The Alana, Collection by ASTON, Huxley, Kamuela, Harper, Quest, NEO, favehotels and Nomad.

Erika Anggreini
Archipelago International
+62 812-3790-3691
email us here
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Source: EIN Presswire

Eco-Asset Value Methods Mark Twenty Years Boosting Land Net Worth

Land eco-valuation concepts, methods and tools, now in use for two decades, show consistent rise in landowner estate value

SAN FRANCISCO, CALIFORNIA, UNITED STATES, June 29, 2020 /EINPresswire.com/ — Eco-Asset Solutions and Innovations (EASI) has marked twenty years' experience identifying and developing ecological asset value on private lands in the U.S., consistently increasing opportunities for new land revenues, sale prices and tax related values.

In 1999 the New York Times interviewed EASI founder William Coleman about the program he was managing, then for the Electric Power Research Institute (EPRI), to help U.S. energy companies understand the eco-asset value of legacy properties they were selling or donating for conservation purposes.

"The energy boom of the 1980s was over," Coleman recalls. "Holding on to land that wouldn't be needed for power plant development showed up as a liability on company books."

In many cases those lands were some of the most remote and ecologically important properties in America. Companies hoped to derive some level of value beyond a straight sale by, for example, donating the properties to glean the public relations value of committing lands for public enjoyment and conservation.

Coleman believed that these lands held far more value than companies realized. He considered the rapidly diversifying marketplace for ecological assets such as wetlands credits, stream credits, species credits and carbon credits.

“As early as 1990 these 'mitigation credits' were demonstrating significant monetary value in their individual market niches,” said Coleman. “Nobody had thought about integrating those values into a single expression of property net worth.”
Even donating a property could earn a landowner additional tax-related value, Coleman reasoned, if ecological assets were built in to the appraisal.

The Times wanted to find out how this idea worked. Their January 18, 1999 article wrote:

"…the ultimate goal of this approach is to translate a property's intangible environmental value into a very tangible financial value. In that way, Coleman says, the value of utilities' most ecologically-important land holdings would be increased – perhaps significantly – which likely would satisfy utility shareholders, while at the same time satisfying environmentalists who want environmentally sensitive land to remain undisturbed."

"The Times article nailed it," according to Coleman.

In 2001 EPRI further acknowledged the success of this idea by awarding his team a coveted "Chauncey Award", the company's highest annual recognition (named for EPRI founder Chauncey Starr), for "evaluating, creating, and managing ecological assets linking improved environmental quality with private sector value."

Coleman went on to found EASI in 2014. Over the last six years the company has conducted more than thirty studies nationwide. Each project has confirmed that ecological asset value can deliver a combination of revenue, sales and tax-related values as well as long term ecological value by conserving those same rural properties in perpetuity.

"In our work, size doesn't matter," Coleman explained. "Whether 10,000 acres in Florida ($125 million net eco-asset value), 1400 acres near Olympia, Washington ($15M net), or 65 acres on the San Francisco Bay ($40M net), a property can leverage substantial value for its owner. It's more about location than size…that old real estate mantra."

Coleman believes that property eco-asset values will soon be a standard component of every land appraisal. "Highest and best use turns out to be about both ecological and economic value," he said. "We've worked with the appraisers to show them how it's done. The smart companies are already putting our concepts, methods and tools to work for their clients."

He added, "The next twenty years will prove this idea beyond a doubt. I intend to be around to see it happen."

For more information go to www.easillc.com or write to info@easillc.com.

William Coleman
Eco-Asset Solutions & Innovations
+1 415-706-6154

Visit us on social media: LinkedIn

William Coleman
Eco-Asset Solutions & Innovations
+1 415-706-6154
email us here
Visit us on social media:

Source: EIN Presswire

Nationwide Vacant Land On-Line Auction — Portfolio Diversification/ Ultimate Social Distancing

Land Ho, Inc. offers investment diversification by facilitating ownership of USA land through its “Land Sanctuary from Stocks and Crowds” liquidation auction

SWEDESBORO, NEW JERSEY, UNITED STATES, June 29, 2020 /EINPresswire.com/ — Land Ho, Inc. announces its land liquidation auction of vacant property — where families can protect and preserve their “nest egg” and have a safe retreat to protect their health.

Participate in Land Ho’s "Land Sanctuary from Stocks and Crowds" Land Liquidation which ends on Wednesday, July 1st. Fifty properties across this great nation are featured in this event. Options include 160 acre parcels in Texas near oil and gas activity, breathtaking large parcels in Nevada, gorgeous Utah, Florida and California lots, scenic Washington properties near water and building lots in Arkansas and Wisconsin. The auction also features magnificent sites in booming New Mexico, in close proximity to the new Facebook Data Facility, Manufacturing Hub and Rail Park. Bidding is easy and only a valid credit card is required to participate.

Join Land Ho Online Auction in Progress!

About Land Ho, Inc.:

Land Ho, Inc. is America's Premier Land Wholesaler, dedicated to preserving the American Dream by making land ownership a reality. We offer a wide variety of properties across our great nation. If you are interested in purchasing land to diversify your investment portfolio, or for other reasons, we offer a wide variety of properties across our great nation. Whether you're looking for building lots, waterfront property, a scenic ranch, wooded campsite, or vast acreage, Land Ho has the right parcels for you at prices you won't believe! We work hard to simplify the land ownership process; from identifying prime properties, all the way through purchasing and conveying land ownership. Own a piece of America!

For additional information about Land Ho, contact Brooke Pagano, Public Relations, Land Ho, Inc., at (855) 526-3461 or Info@LandHo.TV.

Please visit our website at https://www.LandHo.TV

Brooke Pagano
Land Ho, Inc.
+1 (855) 526-3461
email us here

Source: EIN Presswire

Hoosier Contractors is Hiring

Hoosier Contractors have announced they will be hiring multiple positions in the Greater Indianapolis Area.

INDIANAPOLIS , INDIANA, UNITED STATES, June 29, 2020 /EINPresswire.com/ — Hoosier Contractors are a locally owned and operated business that pride themselves on excellence in everything they do. They are proudly local to the Greater Indianapolis Area, where they have announced they will be hiring multiple positions. During these trying times, these positions will offer great opportunity for highly motivated individuals looking to join a winning team of professionals.

Hoosier Contractors is looking for individuals to fill the positions of Construction Project Manager, Financial Administrative Analyst, and several Field Consultants. The positions are available in Avon, Fishers, Greenfield, Greenwood, Noblesville, Westfield, and Zionville. The company is offering competitive compensation and additional incentives like bonuses, gym memberships, benefits, health insurance, paid training, and more. For select positions, commissions may also be part of the compensation package.

The company proudly boasts an A+ rating with the Better Business Bureau and have received several awards including the Triple Excellence Award, Installation Excellence Award, Training Consumer Protection Award, and Training Excellence Reward. Hoosier Contractors are a certified green roofer and slate master company. You can feel confident you are joining a high-performing team with a proven customer-centric approach.

Additional information about the available positions can be found on Indeed.ca. If you have experience in construction, an entrepreneurial mindset, and a drive to succeed, apply online. Hoosier Contractors is committed to hiring the right people for the job and ensuring the satisfaction of both customers and employees.

About Hoosier Contractors

Hoosier Contractors is a locally owned and operated company specializing in residential and commercial roofing. From large multi-unit projects to customized and steep builds or repairs, Hoosier offers a customer-centric approach to service coupled with a dedication to excellence in product, installation, final inspection, and warranty. Hoosier Contractors also offers services for gutters, siding, drywall and ceiling repairs, window installation and replacement, as well as interior and exterior painting.

JD White
Hoosier Contractors, LLC
+1 317-677-4755
email us here

Source: EIN Presswire

The International Code Council and RESNET Water Rating Index Standard Approved by American National Standard Institute

Updated HERS H2O logo

This new ANSI standard sets the technical specifications for the inspection, testing and labeling of a home’s water efficiency.

In response to the strain on water resources and increased costs, ICC and RESNET recognized this important need and came together to create the RESNET/ICC 850 standard.”

— Mark Johnson, ICC EVP and Director of Business Development

OCEANSIDE, CALIFORNIA, USA, June 29, 2020 /EINPresswire.com/ — The American National Standards Institute (ANSI) has announced that it has approved the RESNET/ICC Standard 850-2020. This new ANSI standard sets the technical specifications for the inspection, testing and labeling of a home’s water efficiency. Development of this standard was the culmination of a partnership between the Residential Energy Services Network (RESNET) and the International Code Council dedicated to improving the performance and affordability of residential construction.

The release of this standard comes at a time when water resources are becoming increasingly strained in many parts of the country with the cost of water prices increasing faster than that of energy prices. Water price increases are not based solely on availability of water, but also are significantly impacted by the costs to upgrade aging water infrastructure and water utility rate structures. The potential for water cost savings through water efficiency measures is available in nearly all regions of the U.S.

The ANSI/RESNET/ICC Standard 850-2020 will also serve as the technical requirements for RESNET’s residential water efficiency rating system, known as HERSH2O. The national roll-out of HERSH2O will be announced soon with additional information available at RESNET HERSH2O.

Jacob Atalla, Vice President of Sustainability of KB Home commented, “At KB Home, water efficiency is a standard with every home built. With this HERSH2O rating, we now have quantitative ways to measure the water efficiency and be able to communicate it to homebuyers. It’s a step toward educating the consumer and for the builder to do better going forward.”

RESNET Executive Director Steve Baden added, “RESNET owes a debt of gratitude to the ICC and members of the SDC 1100 and the countless hours that energy efficiency and water efficiency professionals volunteered on the RESNET working groups that developed the draft standard.”

“In response to the strain on water resources and increased costs, the Code Council and RESNET recognize this important need and came together to create the RESNET/ICC 850 standard,” said Code Council Executive Vice President and Director of Business Development Mark Johnson. “The market needed a consumer-friendly index for comparing the savings that different home efficiency practices could provide. We know that the costs of water and sewage services are rising at rates higher than inflation and these costs are important drivers of housing affordability.”

Jonah Schein, national program manager for homes and buildings at the EPA WaterSense program said, “WaterSense has supported the HERSH2O initiative from the beginning. We see as a great opportunity to leverage the rating infrastructure of all of the individual raters who have a great background in building science in the building industry to give them tools and education to be a positive force when it comes to water efficiency in the built environment. Moving forward we hopefully hope that any HERS Rater out there can turn to HERSH2O and provide their clients and their builders easy-to-understand metric of how efficient that home is performing regarding water.”

The print publication will soon be available through the International Code Council’s online bookstore.

The Residential Energy Services Network (RESNET) is a not-for-profit, membership corporation that is governed by a board of directors (who are elected by membership). RESNET is a recognized national standards-making body for building energy efficiency rating and certification systems in the United States.

About the International Code Council
The International Code Council is a nonprofit association that provides a wide range of building safety solutions including product evaluation, accreditation, certification, codification and training. It develops model codes and standards used worldwide to construct safe, sustainable, affordable and resilient structures.

Valerie Briggs
+1 760-681-2390
email us here
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Source: EIN Presswire

Ruppert Landscape Welcomes Adam Doyle as West Grove, PA Branch Manager

Adam Doyle

Adam Doyle, Branch Manager, Ruppert Landscape

We are very excited to have Adam on the team. He brings a wealth of leadership and industry experience and is a great fit with the Ruppert culture.”

— Damien Barber, Region Manager, Ruppert Landscape

LAYTONSVILLE, MARYLAND, UNITED STATES, June 29, 2020 /EINPresswire.com/ — Ruppert Landscape is pleased to announce the addition of Adam Doyle as branch manager in the company’s West Grove, Pennsylvania landscape management branch.

Adam has 18 years of industry experience, having started with a small landscape company in the Baltimore area in high school. He attended Virginia Tech where he majored in Horticulture with a minor in Landscape Contracting and graduated with a BS in 2006. After college, he spent several years with a leading landscape organization, working in three different locations first as a supervisor and finally operations manager before joining Outside Unlimited in southern Pennsylvania in 2012. He began as an enhancement field manager overseeing a two-person crew and during that time was instrumental in helping increase revenue from $100k to $350k. In the years that followed, he helped grow the team and the book of work exponentially, reaching $3.2 million in revenue in 2018, at which time Outside Unlimited opened the West Grove location and appointed him branch manager. When Ruppert Landscape purchased the West Grove location from Outside Unlimited, Doyle agreed to stay on with Ruppert and continue to oversee operations there.

“We are very excited to have Adam on the team,” said Damien Barber, region manager in Ruppert’s landscape management division. “He brings a wealth of leadership and industry experience and is a great fit with the Ruppert culture. We look forward to him continuing to lead and grow his team in West Grove.”
As branch manager, Doyle will be responsible for the overall welfare of the branch, including the safety and development of his team, strategic planning and budgeting, training, and day-to-day operations.

The West Grove, Pennsylvania branch offers the following landscape management services: grounds management/contract services; design and landscape enhancement; turf care; irrigation system management; pond and lake management; arbor care; snow and ice management; lighting and holiday decorations. The branch primarily serves clients in Southeast Pennsylvania and Northern Delaware including Chester County, Delaware County, New Castle County and Kent County.

Ruppert Landscape, a family and employee-owned business, has been an industry-leading provider of commercial landscape construction and management services for nearly 50 years. Headquartered in Laytonsville, Maryland, the company employs over 1700 people and serves customers from 26 branches in eight primary markets: Philadelphia, Baltimore, D.C., Richmond, Raleigh, Charlotte, Atlanta, and Houston. The company has a long-standing tradition of growing its team and giving back to the community. Learn more at www.ruppertlandscape.com.

Amy Snyder
Ruppert Landscape
+1 410-591-9242
email us here

Source: EIN Presswire

Brickell Capital Finance Offers Financing to Commercial Contractors Nationwide

Brickell Capital Finance - Financing for Commercial Contractors Building Materials

Brickell Capital Finance – Financing for Commercial Contractors Building Materials

Up to 120-day terms for the purchase of building materials

MIAMI, FLORIDA, UNITED STATES, June 29, 2020 /EINPresswire.com/ — Brickell Capital Finance is pleased to announce that it is now providing Commercial Contractors with financing for the purchase of building materials. This financing comes at a time when The Moving Forward Act is being finalized. This $1.5 trillion infrastructure bill provides resources to build roads and bridges, public transit, airports, schools, hospitals, affordable housing, water infrastructure, locks, dams, levees and more. This bill will create new construction jobs for the 1,187,000 unemployed construction workers. As Contractors prepare to bid for these projects, they need to secure capital to buy construction materials. These businesses find it difficult to access traditional bank financing. Contractors can use this type of financing to pay for materials up front, negotiate better prices, and have terms of up to 120-days in order to scale their business and stabilize cash flow. It also enables suppliers to sell more materials with less risk.

According to Nelly Palmer, VP Business Development for the company, "We are very excited to be able to add this service to our portfolio. We have had an excellent relationship with the construction industry, so we are very pleased to offer this financing when it may be needed the most." Since 2005, Brickell Capital Finance has been helping business owners overcome financial difficulties by delivering innovative financial solutions to their clients nationwide. Other services include: Real Estate Lines of Credit, Business Loans, Business Lines of Credit, Merchant Services, Consumer Loans, Inventory Lines of Credit, Commercial Loans, Factoring, and Construction Loans.

Nelly Palmer
Brickell Capital Finance
+1 786-467-7800
email us here
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Source: EIN Presswire