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SaaS Interviews with CEOs, Startups, Founders

Billd Construction Fintech Lends $100m to Subcontractors, Makes 12%+ Spread

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 2 January 2021

⏱️ 29 minutes

🧾️ Download transcript

Summary

Christopher Doyle is an entrepreneur and business leader with extensive hands-on construction industry experience and a proven record of launching successful startups. He is the founder, president and CEO of Billd, a disruptive payment solution for the construction industry that helps contractors and suppliers grow their businesses with less hassle and risk. Recognizing cash flow hurdles contractors face when purchasing materials, Doyle launched Billd to make traditional Wall Street working capital accessible to these small business owners.

Transcript

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0:00.0

So we're, you know, we're probably doing around 8 million a month right now.

0:06.3

And originations?

0:07.6

Yeah, so it puts about 100 million annual origination run rate.

0:11.6

For two years, it's pretty remarkable.

0:14.1

I mean, especially coming from where we started in January of this year and having to deal with COVID.

0:21.3

You are listening to conversations with Nathan Latka.

0:25.5

Now, if you're hearing this, it means you're not currently on our subscriber feed.

0:30.0

To subscribe, go to getlatka.com.

0:33.7

When you subscribe, you won't hear ads like this one.

0:39.3

You'll get the full interviews. Right now, you're only hearing partial interviews.

0:42.3

And you'll get interviews three weeks earlier from founders, thinkers, and people I find interesting.

0:49.3

Like Eric Wan, 18 months before he took Zoom public.

0:53.3

We got to grow faster.

0:55.1

Minimum is 100% over the past several years.

0:58.2

Or bootstrap founders like Vivek of QuestionPro.

1:01.2

When I start the company, it was not cool to raise.

1:03.6

Or Looker's CEO Frank Bean before Google acquired his company for $2.6 billion.

1:09.7

We want to see a real pervasive data culture, and then the rest flows behind that.

1:14.2

If you'd like to subscribe, go to gitlatka.com.

1:18.4

There, you'll find a private RSS feed that you can add to your favorite podcast

1:22.6

listening tool, along with other subscriber-only content.

1:26.8

Now look, I never want money to be the reason you can't listen to episodes.

...

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