You probably know that investing in electrical estimating software can have efficiency and productivity benefits that help save time and money. But it also offers another hidden benefit that you probably haven’t realized yet.
When you approach your bank for a loan or a line of credit, they’re going to ask you several things. When it comes to answering these questions – especially in today’s economy when small businesses are competing for things like lines of credit and Paycheck Protection Program loans from the Small Business Administration – what will separate you from other contractors asking for funds?
One single factor can go a long way toward making your case: The ability to demonstrate that your company has the financial stability to make loan payments on time – even when something unexpected happens.