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"Construction Supply Chains Are Starving" - Guy Saxelby of Earlytrade on Cash Flow, Risk, and Getting Subcontractors Paid
Construction has more bankruptcies than any other sector. Almost none of them are about bad building.
Guy Saxelby is the co-founder and CEO of Earlytrade, a marketplace that lets subcontractors get paid early on invoices that have already been approved. The sub names a discount, the general contractor pays out of its own idle cash and earns a return on money that was sitting in a money market fund, and no lender sits in the middle. He started the company in Sydney in 2018 after late payments in one of his own businesses cost him employees, went all in on construction in 2023, and moved his…
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