Staying On Top of the Construction Industry with the Right Equipment and Technology

Last April 18, 2017, during the “Dutertenomics” forum held in Pasay City, the Duterte administration revealed a plan to boost the overall infrastructure of the country. Known as the three-year rolling infrastructure program (TRIP), the current administration plans to pour in 3.6 trillion pesos to commence the golden age of infrastructure in the Philippines.

With this in mind, the Philippine construction industry is poised to grow even bigger in the coming years. Small- and medium-sized construction businesses are expected to enjoy increased demand for their services.

To stay on top of the industry and meet the current demands of the market, it is essential to obtain the necessary construction equipment, tools and machineries. More than ever, technological advancements in the construction industry enable companies to be more competitive and efficient in delivering quality services. Success in the construction industry includes having the ability to procure new, innovative, and cutting edge equipment to drive productivity, efficiency and customer satisfaction.

In the Philippines, equipment leasing and finance associations enable construction companies to obtain their much-needed tools and facilities. Equipment financing offers SMEs flexible, budget-friendly options. Having an institution to fund your equipment purchase is a key to cash flow management while allowing SMEs to stay up-to-date with technology they need to be competitive.

Applying for equipment financing can be tough especially if you don’t have the right knowledge and information. How can you be sure that banks or financial institutions will approve your business loan application? Before you apply for a loan, it is crucial that you already discern your credit-worthiness and financial standing and see how you compare with the rest of the industry.

We, at CreditBPO, are committed to helping businesses like yours succeed. By providing the IT-based propriety credit rating platform, we allow SMEs to know their credit rating and understand, most importantly, what to do to improve your financial condition and grow your business. We generate your financial report in 24-48 hours and ensure that you get an accurate profile of your creditworthiness based specifically on information about your business. Aside from letting you know about your financial status from a professional financial analyst’s viewpoint, we provide actionable recommendations on how you can maintain or improve your credit score.

Make us your financial technology partner today and let us pave the way towards helping you improve your business credit rating at a very affordable cost. Make sure to know more about how our fintech services can help your business by visiting our website www.creditbpo.com or emailing us at info@creditbpo.com.