Billd Closes $100M Debt Facility
- Billd, an Austin, TX-based provider of financial solutions for commercial subcontractors, raised $100M in Debt funding
- The round was led by LL Funds LLC
- The company intends to use the funds to face increased demand from both new and existing customers
- The company provides financial solutions for commercial subcontractors
- Its financial and payment products empower subcontractors to provide access to upfront funds to cover their most pressing costs, including materials and labor
- The company provides flexible lines of credit to accommodate cash flow in construction, and extends their customers 120-day terms to align with industry payment standards
